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Toys for Bob Buys Back Independence and Unveils New Spyro Game

The studio regained creative and organizational control so it can return to the platformers it is known for.

Overview

  • In June 2026 Toys for Bob revealed Spyro: A Realm Beyond, which it says is planned for a spring 2027 release window on Xbox Series X|S, PS5, Switch 2 and PC.
  • Studio head Paul Yan said the team executed a negotiated buyout to become independent and that the process required “many mini miracles.”
  • Under Activision and then Xbox the studio was redirected into support roles on large shooters such as Call of Duty: Warzone and Overwatch 2, a shift Yan says moved the team away from its core work.
  • Toys for Bob reached an agreement with Xbox to publish its next game, a deal that keeps Xbox distribution support while restoring the studio’s financial and organizational control.
  • The move preserved the studio’s tight-knit team after post-acquisition layoffs and signals a broader tension between consolidation and developer autonomy that could prompt other studios to seek similar exits.