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People Can Fly Buys Cooldown Games to Build In‑House Publishing

The move positions the studio for recurring revenue with deeper control over its IP.

Overview

  • A deal announced Monday brings Texas-based publisher Cooldown Games into People Can Fly as an independent division, with terms undisclosed.
  • People Can Fly will fund and run operations for Cooldown’s current third‑party contracts and planned launches across 2026 and 2027.
  • The new in‑house publishing unit will take on go‑to‑market work such as distribution and sales and is built to deliver steady, capital‑light income with a larger share of IP value.
  • Cooldown, founded in 2024 in Dallas by veterans from Gearbox, id Software, and Warner, is led by former Gearbox Publishing president Steve Gibson, and the teams previously worked together on Bulletstorm: Full Clip Edition.
  • People Can Fly frames the shift as stability after pausing projects last year, while it continues work for partners including Krafton on Xeno Point, Sony on Project Delta, and Xbox Game Studios on Gears of War: E‑Day.