The Life is Strange series is likely facing closure

Square Enix's recent financial report revealed that Life is Strange: Double Exposure significantly underperformed, resulting in a substantial financial loss for the company. The president of Square Enix confirmed this during a briefing outlining the company's performance, though specific sales figures remain undisclosed. While cost-cutting measures and the successful Dragon Quest 3 remake partially offset the losses, the weak commercial performance of Double Exposure is undeniable.

This outcome wasn't entirely unexpected, given the lukewarm reception to the game's announcement among longtime fans. Despite initial hopes that Double Exposure would satisfy the franchise's loyal following, the game ultimately failed to meet expectations. Although the game's credits teased a return for Max Caulfield, the future of the Life is Strange franchise now appears uncertain.

Square Enix offered no further comment during the financial report presentation. The company's characterization of the game's performance as a "significant loss"—a term previously applied to underperforming titles like Guardians of the Galaxy and certain Tomb Raider installments—raises serious concerns about the series' future prospects.