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Psychonauts 2 budget put at '$18m' - Notch not investing

New account of how negotiations progressed differs from previous stories

Minecraft creator Markus Persson has decided against personally bankrolling Double Fine's Psychonauts 2 project after claiming that the game's full budget was projected to be $18 million.

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In February last year, Persson turned heads by publicly stating on his Twitter feed that he would fund the development of Psychonauts 2. Soon afterwards he claimed he was "semi-joking", and that the plans had fallen through.

Now, addressing fans across Reddit, Persson explained further:

"I somewhat naively thought 'a couple of million' was two million. I had no doubt in my mind that a Psychonauts 2 would earn that money back easily.

"Turns out they wanted 18 million dollars, haha. I don't have the time at the moment to even try to get educated enough to make an eighteen million dollar deal."

It is not clear whether Double Fine has previously invested in the development of a Psychonauts sequel.

There appears to be some contradictions in the accounts of discussions between Persson and Double Fine.

Tim Schafer, the studio director at Double Fine, previously said that Persson was wiling to pay $13 million.

He said: "I was like, 'I don't think you can make [it] for a million dollars.' The original game was, I think, $13 million, I think you have to match the original game.

"As soon as I mentioned the amount of money [to Persson] he said, 'Yeah, I can do that.'"

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