Last week, Video Games Chronicle's sources had mentioned that new Xbox studio The Initiative would unveil its first game during July's Xbox Games Showcase event. However, according to industry insider Jeff Grubb of VentureBeat, that won't be the case. It's all getting a bit confusing now!
In his report, Grubb pointed out that the game reveal had been rumoured, but stated "that’s not the case," and that "Microsoft is holding it back." He suggested it's likely not ready due to how new the studio still is, and if it's working on a next-gen blockbuster (rumoured to be Perfect Dark), it could be a few years yet before it's ready to ship.
Industry insider Shinobi602 was also asked about this on Resetera earlier today, revealing that they're aware of what the company is working on but can't say whether it'll be there. However, they say the show is still "stacked" either way.
Do you think we'll see The Initiative's new game at July's event? Share your predictions in the comments.