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People Can Fly (PCF Group S.A.) signed a development and publishing agreement with Microsoft Corporation on June 13, 2023, to produce a new AAA title codenamed Project Maverick.
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The project operates under a work-for-hire framework where Microsoft retains ownership of the intellectual property.
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Microsoft will provide a total production budget ranging from $30 million to $50 million to cover the full development cycle.
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Funding is structured through a milestone-based payment system, ensuring all production costs are covered by the publisher to mitigate financial risk for the developer.
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The agreement aligns with People Can Fly’s corporate strategy to balance internal projects with high-value collaborative work for major industry publishers.
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The contract terms are described as standard for the industry, with no unusual conditions or deviations from typical AAA publishing agreements.