At E3 2019, Microsoft announced that Double Fine Productions has joined Xbox Game Studios.
Matt Booty, Head of Xbox Game Studios, brought on Tim Schafer, Founder of Double Fine Productions, to the stage to show off a brand new trailer for Psychonauts 2.
In a press release, Matt Booty exclaimed:
In the past year, we welcomed seven new game development studios to Xbox. It’s great to see some of them already sharing new projects on our E3 stage this year. I have the privilege of working with some of the best creators in the world, and for me successful studios all come down to great people, teams and ideas. We’re always looking for people who share our vision for the future of gaming, teams who have built games over years through both success and adversity, and ideas that become beloved games.
That’s why I’m honored today to announce our intent to acquire legendary game development studio Double Fine Productions.