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Remedy Entertainment

All articles tagged with #remedy entertainment

business2 months ago

Remedy CEO Tero Virtala Resigns Amid FBC Firebreak's Poor Performance

Remedy Entertainment's CEO Tero Virtala has resigned after underperforming sales of the Control spin-off FBC: Firebreak, with Markus Mäki stepping in as interim CEO. The company faces challenges with its live-service game, despite ongoing projects like Control 2 and the Max Payne remake, and Alan Wake 2 becoming profitable a year post-release.

technology6 months ago

Remedy Addresses FBC: Firebreak Challenges and Updates Gameplay

Remedy Entertainment, a Finnish game studio known for surreal narrative titles like Control and Alan Wake, has evolved from a work-for-hire company into a self-reliant, multi-project studio with a focus on owning its creations and expanding into multiplayer and other media. Despite setbacks with some projects, Remedy's strategic shift towards ownership, efficiency, and diversification has positioned it well in the volatile gaming industry, with ongoing projects including a Control sequel, Max Payne remakes, and its first multiplayer game, Firebreak.

games7 months ago

FBC: Firebreak Review Highlights Its Challenges and Steam Deck Compatibility

FBC: Firebreak is a visually impressive multiplayer co-op shooter by Remedy that offers engaging mechanics and quirky powers but ultimately feels dull and lacking in excitement, with its best moments arriving late in the game. Despite solid performance and a unique aesthetic, it fails to capture the compelling gameplay or lasting appeal expected from Remedy, making it a casual, forgettable experience.

gaming1 year ago

Control 2 Announced as Action RPG

Remedy Entertainment has announced that Control 2 will be an action RPG, marking a shift from the original's action-adventure style. This was revealed during an investor presentation, where the studio also discussed its plans for an interconnected universe spanning games, film, and TV, including franchises like Alan Wake and the newly announced multiplayer game FBC: Firebreak. Control's ultimate edition is set to release on Mac, and a free update is planned for next year.

gaming1 year ago

Remedy's Control 2 Set as Action RPG with 2025 Update

Remedy Entertainment has announced that Control 2 will be an action RPG, incorporating RPG elements into the sequel. The game is being co-financed by Annapurna and will be published by Remedy. Additionally, Alan Wake 2 has sold over 1.8 million units, and its DLC, The Lake House, hints at Remedy's next project. Annapurna plans to expand Remedy's IPs, including Control and Alan Wake, into film and TV. Control Ultimate Edition will be released on Mac on February 12.

gaming1 year ago

"Fan Buys 4,000 Worthless Copies of Alan Wake Game"

A dedicated fan of the game Alan Wake purchased 4,000 worthless promotional download cards for the Xbox 360 version of the game from eBay, believing they originated from a store with excess unsold vouchers. Despite knowing they are likely unusable due to their age, the fan, named Alisa, finds humor in the purchase and plans to use them as a quirky decoration in her room, showcasing her love for the game and Remedy Entertainment's storytelling.

gaming1 year ago

Remedy Entertainment Secures Full Control Franchise Rights from 505 Games

Remedy Entertainment has acquired the full rights to the Control franchise from publisher 505 Games for approximately $18.4 million, including the original game, its sequel, the multiplayer spin-off Project Condor, and all future products. All publishing agreements between the two companies are terminated, with 505 Games continuing as the publisher through December 31, 2024. Remedy will pay the purchase price in three cash installments over the next twelve months. This acquisition comes after 505 Games parent company Digital Bros Group laid off 30 percent of its staff.

gaming1 year ago

"Remedy Entertainment Secures Full Control Series Rights from 505 Games for €17m"

Remedy Entertainment has acquired the full rights to its Control series, including the debut game, upcoming Control 2, and multiplayer spin-off codenamed Condor, from publisher 505 Games for €17m. The acquisition covers publishing, distribution, and marketing rights, with 505 Games continuing as the publisher of Control until the end of the year. This move mirrors Remedy's previous acquisition of the rights to Alan Wake from Microsoft, and while Control 2 and Condor were announced in 2022, they are still in early stages of development.

gaming1 year ago

"Remedy Entertainment Takes Full Control of Control Series from 505 Games"

Remedy Entertainment has acquired full rights to the Control series from 505 Games, paying 17 million euros for Control, Control 2, codename Condor, and all future games in the series. This move gives Remedy more control over the franchise's growth and the ability to make long-term decisions. While 505 Games will remain the publisher of the first Control game until the end of 2024, Remedy now has the option to self-publish Control 2 and Condor or negotiate with other publishers. Additionally, Remedy is progressing well with Control 2 and Condor, with expectations for the projects to reach their next development stages in the first half of 2024.

gaming-industry1 year ago

"Remedy Entertainment Secures Full Control Series Rights from 505 Games"

Remedy Entertainment has acquired all rights to the Control intellectual property from 505 Games, including Control, Condor, and Control 2. The transaction allows Remedy to explore self-publishing or finding a new partner for future Control projects. The maximum purchase price for the transaction is approximately €17 million, and Remedy will pay the net purchase price in three cash instalments over the next twelve months. Remedy CEO Tero Virtala expressed gratitude to 505 Games for their partnership and stated that having complete ownership over the Control franchise gives them the freedom to decide the best path forward.