Tero Virtala, the CEO of Remedy Entertainment, has provided an update on the progress of their ongoing game projects during their quarterly earnings conference. Currently, Control 2 is in the proof-of-concept stage, where various ideas are being tested to gauge their viability. Remedy, known for their ambitious sequels, will continue to iterate on this stage for several more quarters before transitioning into full-scale development.
On the other hand, the production phase for the Max Payne 1&2 Remake has commenced, and it is making significant progress. The scope of work is well-defined, and the team is working diligently to bring this remake to life.
Condor, a multiplayer game set in the Control universe, has moved from the proof-of-concept stage to production. This game will have a long-term focus as a live service, intended to be available for several years.
As for Codename Vanguard, a multiplayer shooter developed in collaboration with Tencent, it is expected to conclude its proof-of-concept phase by the end of this year. Following that, discussions with Tencent will determine the next steps for its development.
In regards to Alan Wake 2, which was recently released on October 27th, it has received an overwhelmingly positive response. Although the company has not yet disclosed sales figures due to its recent launch, they are optimistic about its long-term sales potential.
Furthermore, the Alan Wake Remastered, the first installment in the series, has successfully recouped its development and marketing costs in the previous quarter.
In summary, Remedy Entertainment has shared updates on their ongoing game projects, emphasizing their progress in each stage of development. While some games are still in the early phases, others have already entered full production. The company’s commitment to delivering innovative and successful games remains strong.
TL;DR: Remedy Entertainment CEO Tero Virtala provides an update on the development progress of their game projects, including Control 2 in proof-of-concept stage, Max Payne 1&2 Remake in full production, Condor transitioning to a live service game, and Codename Vanguard’s ongoing collaboration with Tencent. The recently released Alan Wake 2 has received positive feedback, while the Alan Wake Remastered has already covered its costs.