Paradox is taking a write-down on The Lamplighters League
Just one week after its release,Paradox Interactive has revised its sales forecastforThe Lamplighters League. In a public statement, Paradox Interactive revealed they would be writing down capitalized development cost on the turn-based RPG. The publisher announced it plans to write down MSEK 171, or roughly $15.7 million USD. Per Investopedia, a write-down is an accounting action that reduces the value of an asset to offset a loss or expense. The write-down is based on a revised sales forecast established after the game’s release....