Today, during the Q1 2022 earnings report, Enad Global 7 announced that the Marvel MMORPG in development at Daybreak Games has been canceled. The company has reportedly reevaluated the risk associated with such a big investment (over $50 million) in a single project and decided to diversify investments in smaller projects based on current IPs.
The Marvel MMORPG project was in development at Dimensional Ink, the studio helmed by Jack Emmert, who has recently left the company to join NetEase as the head of the new US-based studio Jackalope Games. It is possible Emmert’s decision was influenced by the cancellation of the Marvel MMORPG.
Medium-term, EG7 still plans to deliver major updates to Magic Online, Lord of the Rings Online, and DC Universe Online, while new game releases include Power Chord, IGI, ‘83, Minimal Effect, and other indies from Fireshine.
Long-term, EG7 plans investments in game-as-a-service titles based on core first-party IPs, which could rekindle the hopes of Everquest fans.