Remedy has published its financial results for the first half of 2024, and reported an increase in revenue and "improved profitability" compared to the same period last year.
It also announced that, while Alan Wake 2 has yet to generate royalties, the game has recouped most of its development and marketing expenses since its release last October.
Q2 2024:
Remedy has appointed a new CFO: Santtu Kallionpää.
Kallionpää will join Remedy's core management team in October, relinquishing his role as VP finance and business at Finnish confectionery company, Fazer.
Kallionpää replaces Remedy’s previous CFO, Terhi Kauppi, who left the company in June 2024.
Night Springs is a fictional TV show within the world of Alan Wake 2, so of course that's also the focus of the meta-horror action game's expansion. It's three episodes, and it's out in under 24 hours.
Remedy has cancelled its premium co-op multiplayer game, Codename Kestrel.
The project - which started life as codename Vanguard, before it was rebooted last year - was being developed by the Alan Wake and Control studio, with Tencent set to handle the publishing side of things.
Remedy has cancelled its premium co-op multiplayer game, Codename Kestrel.
The project - which started life as codename Vanguard, before it was rebooted last year - was being developed by the Alan Wake and Control studio, with Tencent set to handle the publishing side of things.
Remedy has cancelled its premium co-op multiplayer game, Codename Kestrel.
The project - which started life as codename Vanguard, before it was rebooted last year - was being developed by the Alan Wake and Control studio, with Tencent set to handle the publishing side of things.
Remedy have called it quits on the project codenamed Kestrel. The co-op multiplayer game was an original IP being made with the backing of Tencent, but now Remedy say they've cancelled it to allow them to focus on "other games in our portfolio", all of which are based on "existing franchises".
Valve's Steam Deck is a highly capable piece of kit, often reaching parity with last-gen consoles at ~720p, while more demanding current-gen efforts can prove quite playable as well - even including some of the top-end Unreal Engine 5 titles. The RDNA2 graphics hardware inside the Deck is even capable of ray tracing, though this support has largely been dormant in SteamOS. That's started to change over the last year, with first Vulkan and then DXR-enabled titles running under Proton with RT enabled - and RT performance has seen big boosts as well.
Today we're taking a look at the state of play when it comes to RT on Steam Deck, looking at some of the best-looking PC titles to see whether they can be playable with RT engaged. Can we get good frame-rates even with demanding ray tracing settings? And how does the Valve's handheld compare in performance terms against the more powerful ROG Ally?
The most obvious place to start is with the Steam Deck is some of the easier ray tracing workloads available - and I think Doom Eternal is a good first choice. The game runs well with minimal settings tweakery: 720p resolution, medium settings and RT toggled on. Relative to the non-RT version of the game, we get solid (if somewhat low-res and slightly ghostly) reflections on glossy surfaces, with very different material properties when RT is enabled. This makes for a transformative difference in scenes with glossy materials, though an aggressive roughness cutoff means that semi-gloss materials are largely bereft of RT treatment.
Remedy has shared an update on a number of its upcoming projects, including its Control multiplayer game and the Max Payne 1 & 2 remakes.
In a recent report, the studio said its forthcoming co-op multiplayer game set in the Control universe had entered full production. This means Codename Condor, as it is currently known, has "reached the final development stages before the game is launched".
The developer said internal playtests for the upcoming release have shown its game has "a unique Remedy angle" for the genre, with a core loop it described as "engaging".
Xbox has announced the new games coming to Game Pass this March, including Control and day one games Lightyear Frontier and MLB The Show 24.
This is the Ultimate Edition of Control, Remedy's third-person shooter, including expansions The Foundation and AWE. If you've recently played Alan Wake 2, now's your chance to play the game that came before - and could be important for its DLC.
Two brand new games will be available from day one. Lightyear Frontier is a farming sim using mechs to grow alien crops; while MLB The Show 24 is the latest in the baseball series.
Alan Wake developer Remedy Entertainment has announced it's acquired the full rights to its Control series from publisher 505 Games for €17m.
As detailed in an investor announcement on Remedy's website, the rights acquisition - which includes those for publishing, distribution, and marketing - cover the full Control franchise, including the supernatural third-person shooter's 2019 debut game, the upcoming Control 2 and multiplayer spin-off codenamed Condor, and all future titles in the series.
Remedy's publishing agreement with 505 Games for Control 2 and Condor terminates immediately, and 505 will continue to serve as the publisher of Control until 31st December this year, when the transition period ends.
Alan Wake 2, last year’s best horror game, best game overall or best-game-featuring-an-unexpected-but-extremely-welcome-musical-dance-number depending on who you ask, has shifted over a million copies. Musical dance numbers don’t come cheap, though, so it’s still yet to turn a profit - despite outpacing the momentum of any of Remedy’s previous games, including Control.
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