Over the past 18 months, Embracer Group has been scrambling to to fix its financial situation by shutting down studios, selling off others and cancelling various projects in a quest to find more commercially viable games. TimeSplitters, which has a cult following, was cancelled, and a similarly popular IP, Red Faction, had a similar cancellation in the past year.
According to Rock Paper Shotgun, a new Red Faction game had been pitched and approved at Embracer before all of the financial issues came to light. The game, which was planned to follow in the footsteps of Red Faction: Guerrilla, but was scrapped in late 2023.
It is claimed that the team at Fishlabs was working on the game under the codename ‘Project White', and they brought in cosplay and a trailer to represent the visual target for the game in an effort to sway executives into keeping the project alive. Unfortunately, the vote was split amongst executives and rather than obtaining a budget, Fishlabs' management was instead told to let go of any employees not currently attached to a greenlit project.
The new game would have been set 100 years after the events of Red Faction: Guerrilla. At this stage, it is unclear if Red Faction holds enough potential commercial value for Embracer to invest in a new game in the series. Currently, we're also wondering about the futures of other IP like Deus Ex, TimeSplitters, Saints Row and others.
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KitGuru Says: I had a lot of fun with the Red Faction games when I was younger but I'm not sure I would be there day-one if a new game was made today. Have you played any of the Red Faction games? Would you like to see a new entry into the series?