Paradox Interactive has announced Magna Mundi has been cancelled as a project after a "lack of progress" led to a "lack of trust" with developer Universo Virtual, who are 'not part of it anymore'.

Executive Producer Mattias Lilja also revealed there was "internal strife" within the Magna Mundi team, with devs reporting UV "lacks active leadership" with staff 'silenced' by bosses.

Swedish outfit Paradox Interactive is holding the 'Paradox Interactive Convention 2011' in New York City at the end of January, sadly not open to the public.

However to make up for that they'll be showcasing a number of their upcoming games in the works, as well as unveiling 7 all new projects for us to feast on.