Development and marketing costs Alan Wake Remastered have not yet been recovered

Remedy has not yet received any royalty income for Alan Wake Remastered. According to the Finnish developer, publisher Epic Games Publishing has not yet recouped the costs for development and marketing. The game came out more than seven months ago.

Alan Wake Remastered was released last October on the Epic Games Store and for PlayStation and Xbox consoles. How many copies of the game have been sold has not been disclosed, but publisher Epic Games Publishing has not yet calculated the costs incurred, according to Remedy’s annual report.

It is not known exactly what agreements have been made between Remedy and Epic. The wording indicates that Epic has paid the development and marketing costs and that the Finnish developer will then receive a share of any profits in the form of royalties. Alan Wake Remastered is also coming to Nintendo Switch this fall.

Remedy reports in its annual report that the development of Alan Wake 2 is in the production phase. There’s still a lot of work to be done, but the game is starting to take shape ‘in many areas’. The game should be released in 2023. An exact date has not yet been announced.

The free-to-play game codenamed Vanguard, which Remedy is working on with Tencent, has made good progress since the previous quarter, according to the studio. The game is still in the proof-of-concept phase.

The same goes for Condor. That’s the code name for a future game that is a spin-off of Control. In addition, Remedy is working on Heron, ‘a bigger Control game’. That title is still in the concept phase. All of these games are made with Remedy’s proprietary Northlight engine.

Remedy had a turnover of 12.7 million euros in the past financial year. That was 55.9 percent more than a year earlier. The studio expects to release several major games between 2023 and 2025, which should broaden the ‘revenue stream’ in the coming years.

Alan Wake Remastered