Alan Wake Remastered appears to have not moved very many copies, according to developer Remedy Entertainment. The tenured studio has a fair few blockbuster releases under its belt, including the first two Max Payne games, Quantum Break, Control, and the Alan Wake titles themselves. But the company’s latest release seems to have missed its mark for some reason.
Funded and published by Epic Games, the remaster of the first Alan Wake game came about after Remedy Entertainment delivered the critically acclaimed Control, which was quickly revealed to be narratively connected to Alan Wake. Epic is also funding the continued development of Alan Wake 2, which is supposed to bring all of Remedy’s disparate franchises under the same umbrella and narratively bind them together into a cohesive whole.
The launch of Alan Wake Remastered was presumably supposed to keep the studio running so that it could keep working on its more comprehensive modern projects in the interim, but the latest operational summary of the company plainly states that the game isn’t selling well. This includes the surprise launch of Alan Wake Remastered on Switch, too, it’s worth pointing out. “Alan Wake Remastered and Crossfire did not generate royalties,” says the document, which also references Alan Wake 2 and Codename Condor as its main external development expenses.
After Remedy’s CrossfireX campaigns were reviewed very poorly, it would appear that the studio couldn’t secure any extra funding from the game’s publisher, Smilegate. Regardless, Remedy makes it clear that the five games it currently has in active development aren’t in danger of cancelation. The remakes of the first two Max Payne games are progressing nicely, as is Codename Condor, the Control spin-off that focuses on co-op multiplayer. The free-to-play Vanguard title is now in the proof-of-concept stage, and Alan Wake 2 is still slated for a 2023 release window.
With all the games Remedy is working on seemingly progressing well, one of the studio’s concerns right now might be that Alan Wake Remastered simply isn’t selling well. Still, the studio reports that its revenue grew by 6.8%, signaling that these issues aren’t necessarily as problematic as they might seem at a glance. With all other projects progressing nominally, Remedy is likely to recuperate over the next couple of years.
Curiously, the new report also states that Remedy is looking at ways to boost its predictable revenue streams. While Alan Wake 2‘s story is certainly exciting in its own right, Remedy’s Project Condor and Vanguard games are exciting for different reasons. Namely, they may end up implementing live-service elements to bolster the studio’s earnings over a long period of time, increasing its profitability and publisher appeal if handled correctly.
Alan Wake Remastered is available now on PC, PS4, PS5, Switch, Xbox One, and Xbox Series X/S.
Source: Remedy Entertainment