Remedy Entertainment Announces It Has Acquired the Publishing Rights for Alan Wake

Remedy Entertainment Announces It Has Acquired the Publishing Rights for Alan Wake

It has been announced today in Global News Wire that Remedy Entertainment now owns the Alan Wake IP from Microsoft

Finnish video game developer Remedy Entertainment, who are responsible for titles such as Max Payne, Alan Wake, Quantum Break and Control have announced they now own the right to the  Alan Wake IP from Microsoft.

In a post on Global News Wire today, Remedy earned 2.5 million Euros in royalties from previously released games which they plan on investing into developing new games. This could possibly mean that Alan Wake 2 is in the works or even the original game ported over to other platforms but whatever is happening, it’s exciting to even think that a sequel could be on the books given that the game was such a hit amongst gamers everywhere who have been crying out to see more of the psychological thriller that ended on such a big cliffhanger.

The announcement by Remedy states that “For its first half-year period of 2019, Remedy Entertainment Plc records approximately 2.5 million euros of royalties from previously released games as one-time income. The royalties are paid to Remedy during the second half-year period of 2019. In relation to this, the publishing rights of Alan Wake games are reverted to Remedy.”

In an Interview with VG247 at PAX East, the company’s director of communications Thomas Puha, discussed that an Alan Wake sequel was being developed a few years ago but things didn’t go to plan “We were working on Alan Wake 2 years ago and it just didn’t pan out, so there’s nothing – we’re just booked solid for the next couple of years, really.”

Remedy Entertainment and 505 Games new upcoming third-person title Controlwill be launching this August as it arrives on PS4, Xbox One, and PC.

We will, of course, keep you updated with any further information regarding this news story.