Sorry if already posted, but
Full release here: https://www.paradoxinteractive.com/...to-acquire-seattle-based-harebrained-schemes/
FAQ from their forum
Full release here: https://www.paradoxinteractive.com/...to-acquire-seattle-based-harebrained-schemes/
STOCKHOLM and SEATTLE – June 5, 2018 – Paradox Interactive, a global publisher and developer of interactive entertainment, today announced it has entered into an agreement to acquire 100% of the shares in Harebrained Holdings Inc, sole owner of Harebrained Schemes, LLC, from Harebrained Bag of Holding Inc. Paradox pays a fixed purchase price of US$7,500,000 at the time of acquisition plus an additional purchase price corresponding to 25% of the acquired business' earnings before publishing costs over the next 5 years to the extent such earnings exceed the fixed purchase price. The deal is expected to close by Thursday, June 7, 2018.
FAQ from their forum
Greetings everyone,
We just wanted to answer some of the (probably) most likely questions you may have so please read this entire post before asking your questions ;)
What will this mean for Paradox and HBS?
Harebrained Schemes will continue to operate with its own internal management and creative teams, designing and developing the games that have earned them their outstanding reputation. HBS and Paradox have a shared vision for where to take narrative rich tactical games. Of course each title will be greenlit via Paradox's publishing process. HBS will continue to have the freedom to creative direct our games and build our player experiences.
In their new role as a division of Paradox Interactive, Harebrained Schemes will gain access to an expert publisher with a strong reputation and a global audience. Paradox will handle finances, marketing, PR, and distribution, and leave the development to HBS. Paradox is bringing HBS on board because they like what the studio is doing, so nobody wants to change that. Fans of Harebrained Schemes can continue to count on the community involvement and visibility that the studio has always provided.
This arrangement came about due to the excellent experience both companies have had while working together on BATTLETECH. Everybody believes this is a great fit.
Is Paradox removing any of the executive team at HBS? Will they be installing new studio managers from their side? Will there be other staffing changes?
All the executives of HBS are remaining at the company in their current roles. There are no plans to install new studio management from Sweden in the HBS offices. The only anticipated staffing changes is that we at HBS are currently hiring for the studio!
Will PDS make games using the HBS IP? Will there be Mechwarriors in Stellaris?
There are no plans for "crossing the streams" at this point.
Will HBS make games using Paradox IP? Could we get a CK2 RPG? Victoria 3 when?
HBS will continue to focus on what it does best which are tactical games with rich stories.
Is HBS going to shift its focus to developing tons of DLC?
We will be supporting BATTLETECH with updates and additional content and we are starting concept development for a new title.
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