Paradox says 2019 was ‘the best year in our history’

4.5
Swedish games publisher Paradox enjoyed the best year in its history in 2019, both in terms of revenue and profit.

Paradox consists of publishing and development teams and is best known for its strategy and sim brands Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Surviving Mars, Prison Architect, Magicka, Age of Wonders and the World of Darkness.

In the company’s report for the 2019 calendar year, CEO Ebba Ljungerud claimed that more than 12 million users play a Paradox game each month.

Revenue for the year increased by 14% to SEK 1.3b ($130m) and profit before tax for the year increased by 3% from the previous year to SEK 467m ($47m).

However, Ljungerud said 2019 – in which Paradox released strategy games Imperator: Rome, Age of Wonders: Planetfall and Surviving the Aftermath – was mainly about building for the future.

“Over the past twelve months, we have invested more than ever in game development as well as marketing and organization,” she said.

“Only a small part of this year’s investments has been for games that were launched and have generated revenue in 2019. Instead, they are investments in future projects, i.e., games that we intend to release and see revenues from in the coming years.”


The CEO claimed that much of Paradox’s work in 2019 had been focused on “creating the best possible conditions” for the games it will release in the future.

“I, along with the talented staff I am proud to work with, am really looking forward to launching the most ambitious games in Paradox history in 2020 – Vampire: the Masquerade – Bloodlines 2 and Crusader Kings III,” she said.


“In addition, we also plan to launch the new strategy game Empire of Sin, developed by Romero Games under the guidance of the couple Brenda and John Romero, creators of game series such as Doom and Jagged Alliance, as well as the full launch of Surviving the Aftermath.”


In February, Empire of Sin’s PC and console release was delayed from this spring to autumn 2020.



Posted:
Related Forum: PC Gaming Forum

Source: https://www.videogameschronicle.com/news/paradox-says-2019-was-the-best-in-our-history/

Comments

"Paradox says 2019 was ‘the best year in our history’" :: Login/Create an Account :: 8 comments

If you would like to post a comment please signin to your account or register for an account.

GossipPosted:

City Skylines is their most well done game imo.

CentPosted:

Int
Cent
Int
Cent That empire of sin game actually looks pretty cool. Kind of like a mafia game. Those numbers are pretty impressive though and it's good to see Paradox do well.


I might need to check that game out then. I've only ever heard of the City Skylines game. I'm into mafia type stuff.


Sadly it looks like the game got delayed until the end of the year but it does look like a game I plan on picking up. The mafia games were really fun (except for the 3rd one).


100% I'm definitely going to pick up any sort of new mafia games that come out man!


Mafia 1&2 were pretty good but I would skip the 3rd one if you ever plan on playing those games. The 2nd one is backwards compatible on xbox and I believe it is also on steam if you don't have xbox. Definitely skip the 3rd one though it was awful.

IntPosted:

Cent
Int
Cent That empire of sin game actually looks pretty cool. Kind of like a mafia game. Those numbers are pretty impressive though and it's good to see Paradox do well.


I might need to check that game out then. I've only ever heard of the City Skylines game. I'm into mafia type stuff.


Sadly it looks like the game got delayed until the end of the year but it does look like a game I plan on picking up. The mafia games were really fun (except for the 3rd one).


100% I'm definitely going to pick up any sort of new mafia games that come out man!

CentPosted:

Int
Cent That empire of sin game actually looks pretty cool. Kind of like a mafia game. Those numbers are pretty impressive though and it's good to see Paradox do well.


I might need to check that game out then. I've only ever heard of the City Skylines game. I'm into mafia type stuff.


Sadly it looks like the game got delayed until the end of the year but it does look like a game I plan on picking up. The mafia games were really fun (except for the 3rd one).

IntPosted:

Cent That empire of sin game actually looks pretty cool. Kind of like a mafia game. Those numbers are pretty impressive though and it's good to see Paradox do well.


I might need to check that game out then. I've only ever heard of the City Skylines game. I'm into mafia type stuff.

CentPosted:

That empire of sin game actually looks pretty cool. Kind of like a mafia game. Those numbers are pretty impressive though and it's good to see Paradox do well.

9ntyPosted:

12 million people each month now that's crazy stats for a game so that's 144 Million people play Paradox game each year. I'm happy for a company that succeeds that's a crap ton of money for a game. Paradox looks the most detailed game I've looked up, that's amazing!

IntPosted:

I'd say City Skylines is probably there most well done game in my opinion, I remember when everyone was on that hype train.