Remedy Entertainment has released a financial report for the third quarter of 2023. In it, the company told how the development of games is progressing.
▫️Remedy's revenue was €7.8 million. This is 1.1% lower than in 2022.
▫️Operating losses for the year increased from €3 million to €5.5 million. As the company explained, the reason lies in the large spending on game development. Now she is investing more money in it than ever.
Remedy is not ready to talk about the sales of Alan Wake II yet, but she is pleased with the high press ratings.
Alan Wake Remastered has recaptured all development and marketing costs.
Control 2 is still at the concept testing stage - it will last for several more quarters. But Remedy sees good progress in working on the game.
A spin-off of Control under the working title Condor, as well as remakes of Max Payne and Max Payne 2: The Fall of Max Payne are ready to start production.
Remedy plans to complete the concept testing phase of the Vanguard multiplayer PvE shooter by the end of the year.