Shadow Hearts series creator gives update on spiritual successor Penny Blood. The studio still hasn’t secured a publisher, but has not given up on the project

Shadow Hearts series creator Matsuzo Machida recently gave an update on Penny Blood, the gothic horror JRPG his studio crowdfunded back in 2022 as a spiritual successor. This comes following last week’s news of Armed Fantasia – a game that was crowdfunded as part of the same “Double Kickstarter” campaign by another studio – being cancelled by its publisher. When it comes to Penny Blood, which is being co-developed by Machida’s Studio Wildrose and Shade, the game has yet to secure a publisher, with Machida citing harsh conditions in the game industry. However, his team is still firmly intent on completing Penny Blood and nurturing the new IP. As one step towards realizing the game’s production and raising the IP’s recognition, the studio is currently working on a new novel adaptation titled Penny Blood REVIOLENCE (unofficial translation). That is all Machida was able to share at this time.