Studio Istolia
A new studios, Studio Istolia, has been announced as well as Studio Istolia's first IP being in the works in terms of Project Prelude Rune
If for some reason you didn't think that Square Enix had a lot on their table already, they go out and set up a whole new studio in the way of Studio Istolia. This would be a whole new studio that has been founded in Japan and has been tasked with bringing more great story titles out to us all with their first getting the codename of Project Prelude Rune. Given that this is only an announcement for Studio Istolia and the first IP it is working, there isn't much more to go on than that but at least we know that we have another contender in the gaming world and their aim is to bring more story based titles to us.
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