The Marvel MMO (opens in new tab) in development at Daybreak Game Company was cancelled. Enad Global 7, the parent company of Daybreak, today announced that rather than pouring a truckload of cash to make the game happen, it will distribute it across a number of smaller projects, including updates to the existing MMOs Lord of the Rings Online and DC. Universe Online.
The existence of “Marvel’s IP-based massively multiplayer online game” was revealed in an investor presentation by EG7 in late 2021. The company said at the time that the new game was a long-term project and therefore did not expect to reveal it. more on this by 2023 as soon as possible. Minds have changed since then, however.
“Based on the reassessment of the development risk profile, investment size and long-term product portfolio strategy for the group, the board decided to shift development priorities and reallocate resources within the group to focus on longer-term alternatives. . long-term projects”, said EG7 in a demonstration (opens in new tab).
“The company planned to invest more than SEK 500 million (US$50.7 million) in the Marvel project over the next three years. The company will now diversify that investment into several smaller projects within the group, including the previously announced major upgrades to The Lord of the Rings Online and DC Universe Online, and new gameplay opportunities with our first party, original IPs.”
EG7 said it would suffer a write-down – essentially a financial loss – of SEK 230 million ($23.3 million) as a result of the cancellation. The company did not comment on potential layoffs stemming from the development halt, but Daybreak has gone through several rounds of staff cuts. in the last years (opens in new tab)at least some of which were allegedly spurred on by the cancellation of a Marvel’s previous MMO project (opens in new tab) in 2018.
It might seem strange that Daybreak has had so much trouble getting a Marvel game to fruition, given the massive popularity of the MCU, but it’s not the only one facing difficulties: Marvel’s Avenger, developed by Crystal Dynamics and published by Square Enix in 2020, also famously failed to find a significant audience (opens in new tab) despite the high profile license.