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 financial loss for the company. The president of Square Enix announced this during a briefing detailing the company's performance, noting that while cost-cutting measures and the successful Dragon Quest 3 remake partially offset the losses, the exact sales figures for Double Exposure remain undisclosed. This lack of transparency further underscores the game's weak commercial performance.

This outcome wasn't entirely unexpected, given the lukewarm reception from fans following the game's announcement. Despite initial hopes that Double Exposure would resonate with the established fanbase, the final result proved disappointing. While the game's credits teased Max Caulfield's return, 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 even some Tomb Raider entries—raises serious concerns about the future of the Life is Strange series.