Take-Two Interactive Software Inc.’s 2K Games has canceled an unannounced project from developer Hangar 13, according to people familiar with the decision.
The company, in its earnings statement Wednesday, said it had taken a charge of $53 million, for ending “further development of an unannounced title in its pipeline.”
The project, which was code-named Volt, had gone through multiple iterations since it was first conceived. The current version struggled due to reboots, technological hiccups and challenges caused by Covid-19, said the people, who asked not to be identified because they weren’t authorized to speak publicly.
