Square Enix has revealed a new IP, tentatively named "Project Prelude Rune", which is to be developed by their new sub-studio, Studio Istolia. The game's development will be lead by former "Tales of" producer Hideo Baba, who has been hired as president of Studio Istolia. In the press release, Square Enix details that the word "Istolia" is Greek, and translates to "story", which is the main focus of the company. They plan to "provide unforgettable stories that will inspire players in their own lives, and bring new game experiences to everyone around the world".

Square Enix Group, an integrated entertainment company, announced today “Project Prelude Rune”, a new role playing game project, developed by STUDIO ISTOLIA CO., LTD. , a newly established studio in Tokyo.

STUDIO ISTOLIA further builds on Square Enix Group’s vision to create new intellectual properties alongside existing Square Enix studios. Hideo Baba who has over 18 years of experience in game development will serve as the studio head.

Hideo Baba is working as the producer of “Project Prelude Rune” as well. The project aims to build a new RPG with a new fantasy: unfolding across a vast land teeming with life. Nurtured by the earth, the many peoples of this land dare to dream, fighting for what is just—and this is their tale.

Further details on “Project Prelude Rune” will be revealed at a later time.

Source

 

[Deleted member 377734]

well then, lets see how this turns out. hope they don't mess this up cuz I don't want my hopes dashed...again

 

[KingVamp]

That's because this new studio were the ones suppose to be taking over Bravely titles.

Not that I don't believe you, but it would be nice to have a link or something to this statement.