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Paradox Interactive CEO Admits Mistakes, Highlights Life by You Cancellation
Paradox Interactive's CEO, Fredrik Wester, acknowledged missteps in a recent financial report, specifically citing the cancellation of the life simulation game, Life by You, as a significant error. While the company reported strong overall financial performance driven by established titles like Crusader Kings and Europa Universalis, Wester openly admitted that decisions made on several projects outside their core competency were incorrect.
The cancellation of Life by You, a project representing a departure from Paradox's usual strategy game focus, is a prime example. Despite a substantial investment of nearly $20 million and initial promise, the game ultimately failed to meet expectations, leading to its cancellation in June.
Further compounding the challenges, the release of Cities: Skylines 2 was hampered by performance issues, and Prison Architect 2 faced repeated delays. These setbacks underscore the need for a reassessment of Paradox Interactive's development strategies.
Wester emphasized the company's strong foundation built on the success of core franchises. By acknowledging their mistakes and refocusing on their strengths, Paradox Interactive aims to regain momentum and deliver high-quality games to their player base.
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