Following a successful growth of the interactive business, developer and publisher Paradox Entertainment announces the formation of a new company: Paradox Interactive. The new entity will be handling all of the interactive business previously dealt with by Paradox Entertainment.

Paradox Interactive will continue to build on their renowned franchises including Europa Universalis and Crusader Kings. The first game to be released under the new name is the much awaited Grand Strategy title Hearts of Iron 2, sequel to the acclaimed Hearts of Iron.