Adventure games firm Double Fine is apparently rolling down its Presents publishing arm after being bought by Microsoft.

That's according to a news post from Gang Beasts studio Boneloaf, in which the developer revealed that it was taking over publishing responsibilities for the title.

This follows Double Fine joining Xbox Game Studios at E3 2019. At the time, the studio's boss Tim Schafer (pictured) said that the future of Presents wasn't known, but he hoped that the company could continue with initiatives like the Day of the Devs showcase.

Publishing boss Greg Rice departed the company in November 2019, which was certainly a hint that Double Fine Presents was not long for this world. He joined PlayStation as the global head of indie accounts the following month.

"As some of you know, Boneloaf has been working with Double Fine Presents for some time. They’ve given us advice, they’ve given us splendiferous support, and most importantly, they’ve become friends and mentors to us," Boneloaf wrote.

|We love Double Fine and they have been really fantastic to us. What Tim and his company built is pretty wonderful, but with Double Fine Presents winding down due to Double Fine's acquisition by Xbox Game Studios last year, we think it is a good time for Boneloaf to stand on its own... legs and publish Gang Beasts ourselves."