So the plans for 2024 for FDev are explicit in here. It doesn't mention ED anywhere - that's lumped in with "back catalogue" and then most "back catalogue" games are called out somewhere with some angle or another, except for ED.
- '24, '25, and '26 will see one new "creative management simulation" game each. The game for 2025 is specifically called out in the CEO's quote and it's "own-IP" so I guess that means it's an idea from scratch, not a licence deal of some sort.
- Warhammer 40k release for console has been announced already.
- There will be another one of the successful PC games ported to console, to be announced "in the next few weeks."
They have called out that the back-catalogue continues to make money, with the CMS games making 55% of total back-catalogue revenue (so ED must be in that 45% somewhere)
They also call out that the results are not quite as bad as they look because it includes a specific write-off of the binfire with Realms and also that they spent cash on F1 rather than treating it as an asset; and they're now recognising R&D cost more quickly rather than spreading it over years and years.
So they have a restructured studio; they are using that to build CMS; they have a from-whole-cloth CMS coming in 2025, so there's your investment and your
new piece to keep devs interested.
[ I'd have to go back and read the 2023 report to figure out why they've done that but I'd guess it's because they find R&D output has gone stale by the time they've finished paying for it, and so they have to keep starting again, under the current model, so it's effectively hiding a problem which is a) bad b) naughty ]
The investor call with the CEO is happening now so perhaps we'll get more in the press later today.
I'm not going to comment... I think you can take that as my comment.