Alan Wake II Has yet to Recoup Development and Marketing Expenses; Tencent Raised Stakes in Remedy to 14%
Despite being one of the most successful games released by Remedy Entertainment, Alan Wake II still hasn't recouped its expenses, according to a new financial report.
In the company's financial statement for the first quarter of 2024, Remedy Entertainment confirmed how the second entry in the series, which sold 1.3 million copies as of this February, still hasn't recouped development and marketing costs. It has to be said, however, that it shouldn't be too far from doing so, as most of the investment was said to be recouped last month.
Related Story Remedy Makes Changes to Core Management Team, Wants to Grow Alan Wake and Control into Larger Franchises
One way Remedy Entertainment could increase Alan Wake II's sales on PC is by releasing the game on Steam, which is extremely unlikely, given how Epic Games has funded development. Remedy was asked about a possible Steam release during yesterday's Q&A session, but the answer doesn't really leave the door open, as a release on other PC storefronts is a "speculation" the studio cannot do.
On a related note, as reported by GamesIndustry, Tencent has increased its shareholding investment in the Alan Wake II developer, increasing its stake from 5% to 14%. The Chinese conglomerate is also co-financing Remedy's free-to-play co-op multiplayer game Vanguard, so the increase in investment isn't particularly surprising.
Alan Wake II is now available on PC via the Epic Games Store, PlayStation 5, Xbox Series X, and Xbox Series S. Learn more about one of the best games released last year in my review.
With its excellent trippy horror story, memorable characters, amazing atmosphere, and some of the best visuals in gaming to date, Alan Wake II is a game like few others and Remedy Entertainment's best. It took 13 years for the acclaimed writer to come back, but the long wait was worth it. We could have hardly wished for a better sequel, despite the derivative survival horror gameplay holding the experience back a bit.
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