Like a phoenix, a new studio has clawed its way out from beneath the corpse of Iron Lore. The dev behind Titan Quest and Warhammer 40K Dawn of War expansion Soulstorm folded last February, citing funding as the chief reason for the company's demise. Now, however, former Iron Lore designer Arthur Bruno and art director Eric Campanella are picking up the pieces, quietly founding a new company called Crate Entertainment and purchasing the rights to Iron Lore's unfinished games.

Among those titles scooped up by the duo is Black Legion, an action RPG for the Xbox 360 that Bruno hopes will repackage Titan Quest's gameplay to "make it sort of grittier and more appealing to the mainstream audience." The Journal of New England Technology reports that the studio is currently shopping a demo for Black Legion to unspecified publishers, though we hope whoever bites won't simply shake their finger at stupid people if things don't work out exactly as planned.

[Via Shacknews]

This article was originally published on Joystiq.

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