The company had planned to invest more than SEK 500 million in the Marvel project over the next three years.
“EG7 today announced it will be discontinuing the development of the Marvel project at Daybreak Games,” the company wrote.
Skydance New Media is also developing a story-driven single player action-adventure Marvel project, with its development team being led by Uncharted creator Amy Hennig.
EG7 recent published an update in which it confirmed that it has cancelled its Marvel MMO, after having evaluated “the development risk profile, size of investment, and the long-term product portfolio strategy for the group.”