The Finnish studio has not yet made a single euro cent from the remastered Alan Wake.

Remedy Entertainment has stated, “Game royalties consisted mostly of Control sales, which declined year-on-year in line with our expectations. We had no royalty revenue from Alan Wake Remastered during the first quarter as Epic Games Publishing has yet to recoup its development and marketing expenses for the game.” So until Tim Sweeney’s team turns the balance green, the Finns will not see a single eurocent.

It’s easy to see why Alan Wake Remastered was made. Not only because Remedy was able to get the IP rights back from Microsoft (which is why the first part and American Nightmare were only on Xbox 360 and PC before), which allowed them to turn the journalist’s adventures into a multiplatform IP, but also because it was clear that they wanted to draw attention to the franchise before announcing the sequel. As for Alan Wake 2, Remedy wrote, “A lot of work remains, but the game is taking a complete form in many areas. As communicated earlier, Alan Wake 2 will be released in 2023.” Epic Games will be taking the publishing role once again.

A couple of days ago, we discussed where Remedy’s other projects stand: “Remedy has summarised where it stands in its financial report: “Codename Vanguard, a free-to-play cooperative game to be co-published with Tencent, has made good progress since the previous quarter. The project is in the proof-of-concept stage. We have continued to strengthen the team. Vanguard and our other projects have benefitted from our operations in Sweden.

Codename Condor, a spin-off game of Control, continues in the proof-of-concept stage. Codename Heron, a bigger Control game, is in the concept stage, and its prototyping continues. Additionally, together with the Northlight-technology team, the focus has been on developing the required technology and tools that will serve several Remedy games in the future.””

So they got a lot on their plates…

Source: PSL