The Finnish studio is putting the pedal to the metal, leaving behind the forgettable CrossfireX (they were involved with the campaign’s development…).

Remedy has released its 2022 annual report, and CEO Tero Virtala talked about several games. The central focus was Alan Wake 2, which Epic Games will publish. Still, he also touched on other projects (Control 2, the multiplayer Control spin-off codenamed Condor, the free-to-play project codenamed Vanguard):

“Alan Wake 2 is in full production. The game will soon have all content in place, and it’s playable from start to finish. We will then move on to polishing the experience. Alan Wake is a unique brand that holds high value for the company today. Alan Wake Remastered has not yet generated royalties. However, we expect the sales to increase as the release of Alan Wake 2 becomes imminent and fans and new players want to experience the original story on new generation consoles. Control 2 expands the story and the world from the original Control. We now have detailed concepts on the game vision and all creative areas, including the gameplay, narrative, and art. We are pleased with the team’s work, and as of January 2023, the game has progressed into the proof-of-concept stage.

Codename Condor is a service-based game and, as such, a new type of game for Remedy. We are making sure the core gameplay is solid. We are building the right team and production model for the game and are patiently progressing with the development. With our partner 505 Games, we have seen great potential in Condor. Condor remains in the proof-of-concept stage. Codename Vanguard is also currently in the proof-of-concept stage. In fall 2022, we chose to keep the game in the proof-of-concept phase longer and postpone the significant expansion of the development team until 2023. The Vanguard team has made progress and continues to work on the core gameplay and metagame development, proving the application of Remedy-style narrative and worldbuilding. Select vital hires have strengthened the development team,” Virtala says.

Let’s not forget the Max Payne 1 & 2 Remake. Virtala says they are progressing well but are still in the concept stage. The Finns have a challenging task: everything we’ve discussed so far has to be released by 2027, which means they want to release one game yearly! Of course, it has put a bit of a strain on the Finns’ wallet: revenue is down 2.5% compared to 2021 (Alan Wake Remastered is still only catching up with Epic Games’ costs!), and they’re not expecting much this year. They’ve invested in the Northlight engine over the last year to get games to run properly, and Remedy Entertainment is hiring nearly twice as many new staff compared to 2021.

Hopefully, it all works out well for them.

Source: WCCFTech