In addition to Alan Wake II, expected in 2024, the single player mode of CrossfireX and Condor (provisional name), and probably other projects that are not yet known to exist, Remedy is working on a new game, announced in 2024, and whose approach is unique for the studio.
Indeed, what the Finnish developers call Vanguard is a free-to-play and PvE game-service, oriented towards cooperation. The project, developed under Unreal Engine, was announced last year, and will be edited and independently located all over the world, except in Asia and more particularly in China. A major lever for the development of the industry, the region will be managed by Tencent, with whom Remedy has signed a publishing, localization, and promotion agreement.
More broadly, Tencent will co-finance the development of the game and will cover all the costs related to gambling in the Asian territories it will take care of. In addition, the Chinese publishing giant has negotiated with Remedy to obtain the right to adapt the Vanguard license on mobile. Tero Virtala, CEO of Remedy Entertainment, said on the occasion of this announcement:
Vanguard marks Remedy’s first entry into the games-as-a-service business model, executed by our leading team of free-to-play experts. We’re building something new and exciting for the cooperative multiplayer space, on top of Remedy’s strengths. Expanding our capabilities to take on editing responsibilities is the next step in our business development. We are delighted with this long-term partnership with Tencent and can say with confidence that it is a great way to support Vanguard’s ambitious plans. Vanguard is a global opportunity, and Tencent can support Remedy internationally and lead operations in Asia and mobile markets.
Recall that the Single-player FPS CrossFireX campaign set to release on February 10, 2024. In parallel with the development of Alan Wake 2 and Vanguard, Remedy will continue its work on the Control spin-off, called Condor. For its part, Tencent, which has invested for several years in numerous studios, recently announced that it was became the main shareholder of Bloober Team (Layers of Fear), and having acquired Turtle Rock Studios, to whom we owe the recent Back 4 Blood.