Alan Wake 2 is in the “Full Production Stage” – Remedy

No royalty revenue earned from Alan Wake Remastered in Q1 2022 due to Epic Games having yet to "recoup its development and marketing expenses."

Posted By | On 15th, May. 2022

alan wake 2 concept art 2

Remedy Entertainment’s Alan Wake 2 received a bit of an update in the developer’s recent Business Review for January 1st to March 31st 2022. Titled “Steady progress across the game roadmap,” the report revealed that development fees for the title grew year-on-year. Cash flow from operations for Q1 2022 was also “exceptionally high” due to the developer’s agreement with Tencent for Vanguard (its upcoming free-to-play co-op title) and development fees from Alan Wake 2.

“Both of these projects already had a meaningful revenue impact in the last quarter of 2021.” Regarding development on Alan Wake 2 in particular, the report confirmed it’s “in the full production stage. A lot of work remains, but the game is starting to take a more complete form in many areas. As communicated earlier, Alan Wake 2 will be released in 2023.”

This follows creative lead Sam Lake confirming no Summer update for the sequel due to the time needed to create a “proper, polished demo or a trailer,” which could take away from development.

While game royalties continue to roll in from sales of Control (which saw a year-on-year decline), there was no royalty revenue from Alan Wake Remastered in Q1 2022. This is because, “Epic Games Publishing has yet to recoup its development and marketing expenses for the game.” The remaster was recently announced to be coming to Nintendo Switch this Fall.

With The Game Awards 2022 set for December, perhaps we’ll see more of Alan Wake 2 by then. Stay tuned for more details and updates in the meantime.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Square Enix to Layoff Employees From US and Europe Offices – Rumor

Square Enix to Layoff Employees From US and Europe Offices – Rumor

Square Enix Collective, IT and publishing reported impacted the most by the layoffs, which will occur througho...

Hades 2 Will Address Melinoë’s Movement, Resource Gathering in First Patch

Hades 2 Will Address Melinoë’s Movement, Resource Gathering in First Patch

The patch goes live later this month, after which Supergiant will release another before focusing on its first...

Star Wars Outlaws Developers Detail the Reputation System

Star Wars Outlaws Developers Detail the Reputation System

The various factions and gangs in Star Wars Outlaws all play into the game's ambitious reputation system.

MultiVersus – Joker’s Gameplay and Costumes Shown off in Newest Trailer

MultiVersus – Joker’s Gameplay and Costumes Shown off in Newest Trailer

Joker will be part of the MultiVersus roster when the game comes out on May 28 on PC and consoles.

Braid Anniversary Edition Review – River of Time

Braid Anniversary Edition Review – River of Time

Thekla, Inc.'s remaster brings new life to a beloved indie platformer, whether it's in the presentation or the...

Red Dead Redemption 1 PC Port Mentioned in Rockstar Game Launcher Files – Rumor

Red Dead Redemption 1 PC Port Mentioned in Rockstar Game Launcher Files – Rumor

PC is the only modern gaming platform without any legitimate way of playing the original Red Dead Redemption.