According to sources from journalist Jeff Grubb, the action game Marvel's Blade developed by Arkane Studios has made good progress in development, and the plan is to release it next year with a full reveal this year.
We have heard many rumors recently about the fate of the team and their project and that it is facing the risk of cancellation; according to Grubb's sources, Microsoft was not prepared to fund the project until its release this year, but it cannot be confirmed what Microsoft's intentions are currently and whether the team is indeed looking for a buyer.