“Phantom Dust” Developer Closes Its Doors
Game Is Still Being Developed
The developer for the "Phantom Dust" reboot, Darkside Games, has been shut down according to Kotaku. A spokesman told Kotaku that "Microsoft partnered with Darkside Game Studios in the development of 'Phantom Dust,' but our working relationship has now ended."
However, that doesn't mean the game has been terminated - "Phantom Dust" is still in development. The Microsoft spokesman said additionally, "We have great respect for their studio and their work in the industry. While we do not have anything new to share on 'Phantom Dust' at this time, we can confirm that development of the title continues. We look forward to sharing more details on the game as we get closer to release."
As stated, there isn't any information on when "Phantom Dust" will come out. With the change in development, it may seem that the game won't see a 2015 release.
Source: Kotaku