Paradox Interactive CEO Admits Mistakes, Highlights Life by You Cancellation
Paradox Interactive's CEO has acknowledged missteps in recent game development decisions, notably the cancellation of the life simulation title, Life by You. This admission came during the company's July 25th financial earnings report.
CEO Fredrik Wester on Recent Setbacks
While Paradox Interactive reported strong overall financial performance driven by established franchises like Crusader Kings and Europa Universalis, Wester openly addressed challenges stemming from strategic errors. He specifically cited the cancellation of Life by You as a significant misstep, stating, "We've clearly made wrong decisions on several projects, particularly outside our core strengths. Our core business is thriving, but we had to make the tough call to cancel Life by You."
Life by You's Cancellation and Other Development Hurdles
Life by You, intended as a competitor to the Sims franchise, represented a departure from Paradox's typical strategy game focus. Despite a substantial investment of nearly $20 million and initial promise, the game's June 17th cancellation underscored the company's difficulties. Wester explained the decision by stating the game failed to "meet our expectations."
Further complicating matters were setbacks with other recent releases. Cities: Skylines 2 struggled with performance issues, and Prison Architect 2 faced repeated delays despite achieving platform certification. These combined challenges highlight the need for a reevaluation of Paradox's development approach.
Looking Ahead
Wester emphasized the company's strong foundation provided by its core games like Crusader Kings and Stellaris, stating, "Despite the necessary self-criticism, it's important to remember that our core business is performing well, providing a solid base." By acknowledging its mistakes and refocusing on its core strengths, Paradox Interactive aims to regain momentum and deliver high-quality gaming experiences.