Paradox Interactive CEO Admits Mistakes, Highlights Life by You Cancellation
Paradox Interactive's CEO, Fredrik Wester, recently acknowledged missteps in the company's recent financial report (July 25th), specifically citing the cancellation of the life simulation game, Life by You, as a significant error. While the company enjoyed strong financial performance overall thanks to flagship titles like Crusader Kings and Europa Universalis, Wester openly admitted to strategic errors in projects outside their core strengths.
The Life by You cancellation, a major setback, represents a departure from Paradox's usual strategy game focus. Despite a significant investment (nearly $20 million) and initial promise, the game ultimately failed to meet expectations, leading to its cancellation on June 17th. This decision, along with performance issues plaguing Cities: Skylines 2 and repeated delays for Prison Architect 2, underscores the challenges Paradox faced this year.
Wester emphasized the company's strong foundation, built on the success of its core titles. He framed the self-criticism as a necessary step towards improvement, reaffirming Paradox's commitment to delivering high-quality games to its player base. The company is clearly focusing on its core competencies moving forward, learning from past missteps.