Multiple unannounced games have been canceled by Paradox Interactive
The cancellation of several unannounced video games has been announced by Swedish video game publisher, Paradox Interactive.
The Swedish video game publisher Paradox Interactive has released a number of video games, including Empire of Sin, Stellaris, Pillars of Eternity, and others. The company intends to release the Shadowrun Trilogy on Nintendo Switch by next year, and it still has plans for the rest of its game projects.
Despite some success, however, Paradox Interactive is in the process of changing its video game development strategy. On September 30, the company announced the cancellation of several unannounced video game projects. It states that this is part of the company’s strategy to direct its resources toward more established video game projects that will meet its financial requirements for “returns and risk.”
The company did not reveal the names of the unannounced video games or the number of canceled games. According to the press release, the company has written down the value of the canceled game projects, which will have an impact on the company’s profit before tax in the third quarter of 2021. Along with the recent cancellations, the post adds that Paradox Interactive has canceled a number of video games since the third quarter of 2020.
According to the post, Paradox Interactive has been concentrating its game development and business activities on the company’s “core areas.” According to Fredrik Wester, the current CEO of Paradox Interactive, the company was Paradox Interactive’s current CEO, Fredrik Wester, said the company was “born and raised in strategy and management games.” He talked about how the company is passionate about making video games with longevity for players to enjoy for long periods of time. As a result, the company has been making sure game projects with the highest potential receive the resources they need in order to achieve “the best development possible.”
Wester stated that the company now has a “promising game pipeline” and he is excited to share the new games with players in the coming years. The post also reveals that Paradox Interactive is currently working on fifteen new video games, some of which are sequels to existing franchises and others that are entirely new. Victoria 3, the next-gen console port of Crusader Kings 3, Shadowrun Trilogy, and Vampire: the Masquerade – Bloodlines 2 are among the games that have already been announced.
There are also a number of DLCs in the works, including the Royal Court expansion for Crusader Kings 3. The cancellations come on the heels of Ebba Ljungerud, the previous CEO of Paradox Interactive, stepping down earlier this month. According to her official statement, Ljungerud stepped down due to differing opinions on the company’s future game development strategy.
