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Paradox Interactive has just announced the cancellation of several unannounced games, which will affect its third quarter 2021 profits by approximately $ 15.4 million. The reason for the cancellation was that they wanted to focus on “proven gaming niches and projects that better meet business requirements for return and risk.” This makes a lot of sense, because for any studio that is growing outside its niche is a pretty dangerous business, let alone a small business like Paradox Interactive where big strategy games like Europa Universalis IV, Crossed Kings 3, and Stellaris are their bread and their butter.
“Paradox Interactive was born and raised in strategy and management games. This is where we have our hearts and minds and we are passionate about creating games that our players can enjoy over a long period of time. This is why we have further refined our pipeline to ensure that projects with the highest potential have the necessary resources for the best possible development. We now have a promising game pipeline and I look forward to sharing these games with our players over the next few years. says CEO Fredrik Wester.
The cancellations come a month after former CEO Ebba Ljungerud resigned because she disagreed with Paradox’s business strategy for the future, which now appears to be a continuation of what her preceded and play it more cautiously. With a new CEO in Fredrik Wester (who previously held the position before Ljunerud took over in early 2018), it seems Wester has a different take on things. If so, it makes sense for Wester to cancel any headlines that don’t match his vision for the company.
Canceling unannounced projects has cost Paradox Interactive $ 30 million since Q3 2020, which is a good chunk of the change. This hasn’t completely drained their schedule, however, as fifteen games are in development by the developer and publisher. Only four of these games have been announced: Victoria 3, Crossed Kings 3 for consoles, the Shadowrun Trilogy for consoles, and Vampire: The Masquerade – Bloodlines 2 (which, despite many development issues, was not canceled). There’s also a bunch of DLC in development, like the Royal Court DLC for Crusader Kings 3.
For more information on all things Paradox Interactive, stay tuned to TechRaptor for more details.
What do you think of this news? Should Paradox Interactive stay in its way or try to experiment? Let us know in the comments!
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