Wheel of Time RPG Announced, No Release Date Set

The recent reveal of a Wheel of Time video game has taken fans by storm — stirring equal parts excitement and skepticism across online communities.

First reported by industry publication Variety, the announcement describes an ambitious "AAA open-world RPG" for PC and consoles adapting Robert Jordan's beloved 14-book fantasy saga. The project reportedly entered development three years ago.

The game is being crafted by newly-formed iwot Studios Montreal under Craig Alexander, former Warner Bros. Games executive who previously oversaw titles like Lord of the Rings Online and Dungeons & Dragons Online. While Alexander's credentials would typically inspire confidence, it's iwot Studios' involvement — acquiring the Wheel of Time rights back in 2004 under its previous identity as Red Eagle Entertainment — that's fueling cautious skepticism.

Quick research into iwot Studios reveals longstanding tension with the Wheel of Time fanbase. Multiple forum threads showcase fans labeling the company an "IP squatter," recalling decades of stalled projects. Many cite a decade-old Reddit discussion detailing broken promises.

This history, combined with skepticism about an unproven studio delivering a AAA-quality adaptation within three years, has fostered widespread "wait-and-see" hesitation among fans.

The franchise has enjoyed renewed popularity through Amazon Prime's TV adaptation, which recently concluded its third season (with Season 4 pending renewal). While early seasons divided core book fans with creative liberties, Season 3 successfully regained goodwill through improved storytelling.

To cut through the speculation, we spoke directly with iwot Studios leadership — CEO Rick Selvage and gaming chief Craig Alexander — about the game's current status, creative vision, and their response to fan skepticism.