After the release of Alan Wake 2, even gamers who were neutral towards Remedy Entertainment held their breath in anticipation of reimaginings of the first two parts of the Max Payne action series. However, there is clearly nothing to worry about: neither time nor money are spared on both games.
Remedy’s financial report for the fourth quarter of 2023 and for the entire year has appeared online . The studio shared information about current projects and its future plans. In short:
- Total revenue for the year amounted to 33.9 million euros, 22% less than the previous result for the same period (in February 2022 the figure was close to 43.6 million)
- Losses – 28.6 million euros; the team explains their investments in various projects (including the title, currently known as Kestrel)
- Both Max Payne remakes have the same budget as Alan Wake 2; the company sees great potential in these reinventions
- The studio’s central projects (updated Max Payne, Control 2, as well as the latter’s spin-off codenamed Condor) will move to the next stages of development in the first half of 2024
- Remedy has not yet decided whether it will publish Control 2 and Condor itself or find a partner (remember that the studio bought the rights to the series from 505 Games)
- Alan Wake 2 still hasn’t returned its investment, the developers expect the thriller to become profitable in 2024
Let us remember that the second Alan Wake was released in the fall, and now Remedy Entertainment has switched to story DLC for it, as well as remakes of Max Payne. Neither of them have clear release dates yet.
