From GameWatcher: "Publisher Paradox Interactive has announced its decision to cancel several unannounced games, as it shifts focus towards "its proven game niches and projects that better meet the company’s requirements on returns and risk."
The company has written down the value of these canceled projects, which will impact its Q3 2021 profit before tax with a decrease of 135 MSEK, roughly the equivalent of $5 million dollars. As previous financial reports show, Paradox Interactive has canceled other unannounced games over the course of the last year, amounting to a total of 265 MSEK in write-offs."
Pocket Tactics sits down with Rematch’s creative director, Pierre Tarno, to discuss why Sloclap moved away from Sifu to chase something new.
The cuts are expected to be announced next week.
Microsoft is also planning thousands of job cuts that will impact other parts of it businesses
MFs has been beating their chests over great quarterly results and big profits to shareholders while firing people by the thousands just like Sony.
I wonder if at the top of those rumored layoffs they´ll also cancel upcoming or unannounced games while shutting down more studios as well.
Mass Damage & Consumer Foundation in the Netherlands has filed a class action against Sony for inflating PlayStation Store prices.
My personal opinion:
Manufacturers and publishers have indeed inflated the industry.
From $700 million development costs for games like Call of Duty, to digital (store) prices for games and DLCs, online multiplayer fees on consoles (why can you play Helldivers 2 online for free on PC but not consoles?) or still preventing sell/lend digitally purchased games.
Sometime in the future, this bubble will collapse.
They should know better, but they just can't help themselves and suck even the last penny out of our wallets.
They should be suing the individual publishers increasing the prices to $80 instead of suing the store. There are plenty of publishers still selling game for like $50 with much success (like E33). But this proves that the publishers are the ones setting the prices.... so again nothing changes because they aren't even going after the main offender. How is suing Sony going to make Microsoft not charge $80 for the next COD? Sony being the number one store in the market doesn't mean that publisher have to charge us an arm and a leg. Again the industry is laughing at us because consumers never get real representation. Just these fake platitudes that are meaningless.
About time. There is zero fair reason why digitally distributed products that you cannot recoup any value when you want to dispose of them, should be priced higher than that of physical copies that entail all of the costs and the benefits of owning.
And this is a big problem in the gaming market. It's hard to innovate and try new things because the numbers show battle Royale and micro transactions sell. That's why GTA 6 isn't even announced yet. The same thing was done with epic when fortnite was found out to be successful. I actually played the save the world version before the battle Royale launched and like it as well as paragon. Both those were scrapped and another game or two once they saw the successful launch of the battle Royale.
Paradox does have the right to abandon uncertain gaming projects and sticking to the more profitable IPs as it seems fit.
However I found Paradox to be a unique publisher because it created experiences I could find nowhere else with such polish. Maybe those cancelled Paradox projects were more ambitious and interesting than most games out now.