Harebrained Schemes and Paradox Interactive to part ways as the Seattle-based developer seeks new opportunities
Paradox Interactive (Paradox) and Harebrained Schemes (HBS) – developers of the Shadowrun trilogy, BATTLETECH and The Lamplighters League – have decided to part ways on 1 January 2024. The separation is the result of a mutual agreement, stemming from each party’s strategic and creative priorities. Paradox will retain ownership of The Lamplighters League and other games developed by the studio. HBS will seek new publishing, partnership, and investment opportunities.
“Paradox has refocused its strategy towards its core niches within strategy and management games with endless qualities,” said Charlotta Nilsson, COO of Paradox. “We and HBS’ leadership have been discussing what would happen after the release of The Lamplighters League, but a new project or sequel in the same genre was not in line with our portfolio plans. Hence, we believe that a separation would be the best way forward. We’re very happy that this talented, gifted studio has the chance to continue and can’t wait to see what they will make next.”
“Harebrained Schemes will support The Lamplighters League through the end of the year while we seek funding and partnerships for an independent future in 2024," said Brian Poel, Studio Operations Manager of HBS. “Our studio mission remains the same: to make games that challenge your mind and touch your heart.”
For additional information, please contact:
Paradox Interactive
Fredrik Wester, CEO
Alexander Bricca, CFO
Email: ir@paradoxinteractive.com
Phone: +4670-355 54 18
Harebrained Schemes
Brian Poel, Studio Operations Manager
Email: info@hbs-studios.com
About Paradox Interactive
Paradox Interactive is one of the premier developers and publishers of strategy and management games for PC and consoles. The players are located all over the world but some of the biggest markets are North America, Western Europe and Asia. The game portfolio consists of popular franchises such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Prison Architect, the Surviving games, Age of Wonders and Victoria. Paradox Interactive also owns the World of Darkness brand catalog. In total, Paradox games have over five million players each month.
Paradox Interactive AB (publ)’s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Certified Advisor: FNCA Sweden AB. For more information, please visit www.paradoxinteractive.com.