Starbreeze axes Project Baxter after $27M loss

Starbreeze canceled Project Baxter and terminated 44 positions after investing $27 million in the Dungeons & Dragons cooperative title. Chief Executive Adolf Kristjansson announced the decision on Friday, stating the studio would concentrate on its PAYDAY franchise instead. The cancellation follows production difficulties, as the game remained in the pre-production phase despite a planned 2026 release date.

The Swedish developer faces challenges with its PAYDAY series after the third installment received negative reviews, and a controversial subscription model for PAYDAY 2 sparked player backlash. Other Dungeons & Dragons games remain in development at multiple studios. Wizards of the Coast president expressed interest in a new massively multiplayer online role-playing game set in the franchise universe, but acknowledged such a project would require significant time to materialize.
 

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