EG7 and Daybreak Games Cancel AAA Marvel MMORPG - News

by William D'Angelo , posted on 04 June 2022 / 1,385 Views

Enad Global 7 (EG7) last year announced a AAA Marvel MMORPG was in development at Daybreak Games by the team that worked on DC Universe Online.

EG7 in a new update announced the company has made the decision to cancel the Marvel MMO and allocate those resources to focus on other long-term projects.

"EG7 today announced it will be discontinuing the development of the Marvel project at Daybreak Games," reads the post from EG7.

"Based on the re-evaluation of the development risk profile, size of investment, and the long-term product portfolio strategy for the group, the board has decided to change the development priorities and reallocate resources within the group to focus on alternative long-term projects.

"The company had planned to invest more than SEK 500 million in the Marvel project over the next three years. The company will now diversify this investment across multiple, smaller size projects within the group, including the previously announced major upgrades to The Lord of the Rings Online and DC Universe Online, and new game opportunities with our first party, original IPs.

"Along with this reallocation, the company expects a write down of approximately SEK 230 million in project related assets in Q2 2022. As one of the long-term investments, the change to the Marvel project plan will not impact near to medium term revenues and profits other than the balance sheet and P&L impact related to the write-down."

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.