Psychonauts 3 not in development as they works on 'smaller' games

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Tim Schafer, CEO of Double Fine Productions, confirms that the developer is not working on the third installment of Psychonauts, but on smaller games that will explore new styles.

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It’s good for them to branch out. I found the studio to be hit and miss for my taste, but loved Psychonauts 2. Broken Age, in contrast, I found boring. I hope they lean into action on their new projects.

Actually kind of glad for this. While Psychonauts 2 was a very unexpected and personally enjoyed sequel, I feel like Double Fine has always done its best work when trying to do something original and different.