Remedy Entertainment has released its report for the full 2023. The company recorded significant declines in both revenue and profitability, but remains confident in its future games currently in development.

Remedy Entertainment has entered into an agreement with publisher 505 Games to acquire the rights to the Control IP. The Finnish studio will now also have full control of the upcoming sequel and spin-offs.

Alan Wake 2 has become the fastest-selling game in the history of Remedy Entertainment. The psychological horror title has sold 1.3 million copies in more than three months.

Remedy hasn’t yet disclosed official sales figures for Alan Wake 2. But here are some estimates from analysts of the game’s commercial performance.

Remedy has released its financial report for the third quarter ended September 30. The company’s losses continue to grow, as it increases investment in game development and aims for long-term success.

Remedy Entertainment shareholders have positively reacted to the launch of Alan Wake 2. As a result, the Finnish studio saw its stock go up shortly after.

On March 20, Remedy Entertainment published a more detailed version of its annual report. The document provides additional information about the company’s production pipeline and business strategy.

Italian publisher Digital Bros has released its financial report for the six months ended December 31, 2022. The company also disclosed sales and other data for its main revenue-generating games.

Tencent continues to strengthen its position outside China by investing more money in Western companies. It has now increased its stake in Max Payne and Control maker Remedy Entertainment.

Remedy has shared a financial report for 2021, calling it a strong year and promising that the best times for the company are yet to come. The Finnish studio has four major games in development, which should drive its long-term growth.

Remedy Entertainment has signed a development, license, and distribution agreement with Tencent. The Chinese giant will co-finance the production of PvE shooter codenamed Vanguard and localize it for the selected Asian markets.

Sam Lake has officially announced Alan Wake Remastered, saying that it is “nearing its completion.” The upgraded version of the game will come out this fall on consoles and PC and will be published by Epic Games.

Remedy has signed a co-publishing and development agreement with 505 Games for a multiplayer Control spin-off title. The new game is a 4-player cooperative PvE game, codenamed Condor.

Tencent Holdings acquired 3.8% of shares in Remedy Entertainment, something that the Control and Alan Wake creators have been informed of after the deal.

Journalist and industry nsider Jeff Grubb claims that Remedy Entertainment is working on the second installment in the Alan Wake franchise.

Today, March 26, Epic Games announced a new initiative. It is called Epic Games Publishing. That’s right. The Fortnite and Epic Games Store company is going to begin publishing games by third-party teams.

As announced at E3 2019, online tactical first-person shooter CrossFire that came out on PC about ten years ago is launching on Xbox One in 2020 rebranded as CrossFire X. Remedy has been working on a single-player campaign for CrossFire X since 2016.