Paradox Interactive Faces Setbacks with Game Cancellations and Delays

The Swedish game developer navigates financial losses and strategic missteps after canceling 'Life By You' and delaying other key projects.

Paradox Interactive's profits dropped 90% year-on-year following the cancellation of 'Life By You' and the closure of its developer, Paradox Tectonic.
The company faced significant financial losses, including a $19.2 million write-down for 'Life By You', contributing to a turbulent year.
Delays and issues plagued other projects, such as 'Vampire: The Masquerade – Bloodlines 2' and 'Cities Skylines 2', impacting Paradox's release schedule.
Deputy CEO Mattias Lilja emphasized the need for projects to align with Paradox's core competencies and for more cautious initial investments.
Despite setbacks, Paradox plans to revisit the life sim genre, focusing on smaller-scale development and extended prototyping phases.