
The report being referred to here comes from Bloomberg and features an overview by Jason Schreier on the final stages of the Blackbird project. Originally known as Kestrel, this project has been in development since 2018 and is a third-person shooter that integrates looting elements with a focus on vertical movement, including grapples, double-jumps, aerial dashes, and wall-climbing.
According to the information from Bloomberg, ZeniMax Online Studios intended for this game to launch a “new franchise”, operating alongside Elder Scrolls Online, which has experienced its ups and downs but is currently a significant success, generating approximately $2 billion in total revenue by 2024.