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A new video from Double Fine Productions features Tim Schafer announcing the acquisition of the company by Microsoft. Double Fine is now to be part of Xbox Game Studios. They promise more details on this "real soon." In the meantime, though they say that "going forward we'll be focusing on Xbox Game Pass and PC," they offer assurances that their Psychonauts sequel will still come to all the platforms it was announced for, including PlayStation 4: "More answers to all your questions real soon - but the big one: Psychonauts 2 will still be coming to *ALL* promised platforms: PC, Mac, Linux, PS4, and of course - Xbox :)"
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