Don’t Nod pauses two projects as Jusant and Banishers sales dissapoint
Don’t
Nod
has
published
its
financial
results
for
the
first
half
of
2024,
in
which
the
firm
revealed
its
latest
titles,
Banishers:
Ghosts
of
New
Eden
and
Jusant,
“performed
well
below
expectations.”
The
Paris-based
developer
and
publisher
reported
an
11%
decrease
in
total
operational
revenue
compared
to
the
same
period
last
year,
going
from
€16.5
million
to
€14.6
million.
Don’t
Nod
saw
a
decrease
in
development
revenues
to
€2
million,
which
reflected
the
completed
development
of
Banishers.
It
also
experienced
a
drop
in
capitalised
production
to
€1.1
million
due
to
the
“temporary
suspension
of
two
production
lines.”
The
firm’s
sales
rose
to
€1.2
million,
driven
by
its
back
catalogue,
which
includes
Vampyr
and
the
Life
is
Strange
series,
in
addition
to
Jusant
and
Banishers.
In
response
to
its
underperformance
for
the
period,
Don’t
Nod
will
undertake
a
€24
million
write-down
of
Jusant
and
Banishers’
assets.
It
has
“temporarily
paused”
two
projects
currently
in
the
design
phase,
with
a
write-down
of
€7.6
million,
to
“prioritise
resources
and
maximise
the
chances
of
success
of
the
titles
with
the
greatest
potential
at
present.”
The
company
intends
to
focus
on
upcoming
IP
in
production,
“offering
the
highest
potential
return
on
investment
in
the
short
(and
medium)
term”,
including
Lost
Records:
Bloom
and
Rage,
which
will
launch
in
February
and
March
2025.
Don’t
Nod
also
detailed
two
in-house
projects
scheduled
for
release
before
the
end
of
2027
and
two
external
production
projects
due
for
release
next
year.
“We
are
obviously
disappointed
by
our
recent
performance
in
an
extremely
competitive
and
selective
market,”
said
Don’t
Nod
CEO
and
chairman
Oskar
Guilbert.
“Despite
an
excellent
critical
reception,
Jusant
and
Banishers
unfortunately
did
not
achieve
the
commercial
results
we
had
hoped
for,
resulting
in
a
deterioration
in
our
2024
half-year
results
and
leading
us
to
consider
all
possible
options
regarding
our
roadmap.”