Remedy Entertainment has released its latest Business Review report, encompassing January to September 2022. The developer reiterated that Alan Wake 2 is in the “full production stage,” and will launch in 2023 as planned.
“There is still a lot of work to be done, but the game is coming together on all fronts. User testing continues, and the feedback from the user research has been encouraging,” said CEO Tero Virtala. He noted, “After seeing how the elements are coming together, I’m confident we will launch an excellent game.”
Revenue was up by seven percent for the third quarter of the year, hitting EUR 7.9 million. Development fees made up 95 percent with Alan Wake 2 and Max Payne 1 and 2 Remake being “key positive contributors.” Royalties for Control, and development fees for Codename Condor (the multiplayer spin-off to Control) and Alan Wake Remastered, decreased.
Interestingly, along with Crossfire, Alan Wake Remastered didn’t generate royalties. In Q1 2022, this was due to Epic Games having yet to, “recoup its development and marketing expenses for the game.”
Alan Wake 2 is coming to Xbox Series X/S, PS5, and PC. It’s touted as the “most beautiful Remedy game ever.” After missing the Summer Games Fest showcase, it could have a new reveal at The Game Awards 2022 on December 8th. Stay tuned for more details in the coming months.