Who developed the new intellectual properties release of a 2016 video game notable for its long development cycle?
2016 in video gaming:  In addition, it saw the release of new intellectual properties, including "Overwatch", "Quantum Break", "Tom Clancy's The Division" and "The Last Guardian", and indie titles such as "Abzû", "Hyper Light Drifter", "Inside", "No Man's Sky", "Owlboy", "Stardew Valley" and "The Witness". Owlboy: Owlboy is a platform-adventure video game created by independent developer D-Pad Studio. Owlboy:  The game is notable for its long development cycle, which began in 2007, and was released in November 2016.
D-Pad Studio