Xbox IP Revival: Killer Instinct, Banjo-Kazooie, and More

Last Updated: October 31, 2025

In the ever-expanding landscape of the games industry, no company holds a more formidable back catalog than Microsoft. With decades of Xbox Game Studios history now combined with the legendary libraries of Bethesda and Activision Blizzard, the company sits on a treasure trove of dormant franchises. For years, fans have pleaded for the return of their favorites, and Xbox CEO Phil Spencer has repeatedly addressed the community's most persistent question: what's next for these beloved IPs?

While new installments of Halo and Forza are mainstays, the conversation often turns to the sleeping giants, with Spencer acknowledging the passionate requests for four franchises in particular that consistently top the revival wish list.

The Undying Spirit: Killer Instinct

Among the most vocal and dedicated fanbases is that of the iconic fighting game, Killer Instinct. The 2013 reboot, developed initially by Double Helix and masterfully expanded by Iron Galaxy, was a critical and community triumph that kept the combo-breaking spirit alive for a new generation. Phil Spencer has often cited the passion of the fighting game community (FGC) as a key reason the franchise remains in Xbox's thoughts.

For years, the question wasn't if KI was valuable, but when the right team and opportunity would align for a true sequel. Spencer has maintained that any new entry must be a significant leap forward to compete in the modern fighting game arena. While a full-fledged new game has yet to be announced, Xbox delivered a massive show of support in late 2023 with the Killer Instinct: Anniversary Edition. This comprehensive update, launched to celebrate the reboot's 10th anniversary, included major balance changes, upgraded matchmaking for improved online play, and made the game's full roster of characters free-to-play on Xbox and PC. This move wasn't a sequel, but it was a clear signal: the desire to see Jago, Fulgore, and the rest of the cast return is heard loud and clear within Xbox, and the franchise is still very much alive.

The Bear and Bird: Banjo-Kazooie

Perhaps no dormant franchise inspires more fervent hope than Rare's 3D platforming masterpiece, Banjo-Kazooie. Spencer has frequently acknowledged the constant calls for a new adventure, praising the N64 originals as genre-defining classics. He has also been candid about the immense pressure that comes with reviving such a revered series. A new Banjo-Kazooie would have to nail the distinct charm, witty humor, and ingenious level design that made the originals timeless.

While official news remains elusive, the landscape around a potential revival has become more intriguing than ever. Following the acquisition of Activision, Xbox now has a closer relationship with Toys for Bob, the studio celebrated for its masterful work on the Spyro Reignited Trilogy and Crash Bandicoot 4: It's About Time. Though Toys for Bob has since become an independent studio, they have confirmed their first new project will be published in partnership with Xbox. This alignment has ignited fan speculation, as a studio with a proven track record of modernizing classic platformers with care and creativity is now working directly with the IP holder. While nothing is confirmed, the stars for a potential return of the bear and bird duo seem more aligned than they have in years.

Original Xbox Classics: Crimson Skies & MechAssault

Spencer has also reflected on two pillars of the original Xbox Live era: Crimson Skies: High Road to Revenge and MechAssault. These titles represent a golden age for many long-time fans, defining the early days of console online multiplayer. He often speaks of them as prime examples of franchises that built dedicated communities and showcased innovative gameplay.

The potential for modern revivals is staggering. A new Crimson Skies could leverage today's technology to deliver breathtaking aerial dogfights across its pulp-fiction 1930s world, with a scale and fidelity previously unimaginable. Similarly, a modern MechAssault could realize the dream of city-leveling destruction and chaotic mech combat that was only hinted at two decades ago. Spencer has confirmed these are the types of franchises that are often discussed internally, recognizing their potential to be completely reimagined for the Xbox Series X/S and the Game Pass ecosystem.

The Path Forward

Phil Spencer's ongoing commentary, coupled with tangible actions like the Killer Instinct: Anniversary Edition, provides a clear message: Xbox is listening. The challenge remains in aligning the right studio, the perfect creative vision, and the right moment to bring these dormant giants back into the spotlight. The acquisition of Activision Blizzard has only deepened this well of potential, adding names like StarCraft, Hexen, and many more to the list of fan-requested revivals.

While official announcements are rare, the strategy is one of calculated patience. Rather than rush out nostalgia-fueled releases, Xbox appears focused on finding passionate teams—whether internal or external partners—who can do justice to these legacies. For now, fans can be assured that their voices are a crucial part of the conversation at the highest levels, and the future of Xbox's most beloved classic franchises remains a field of exciting possibilities.