![Alan Wake Remastered & CrossfireX Failed To 'Generate Royalties' For Remedy During Q3](https://images.purexbox.com/a48051046a0e1/alan-wake-remastered-and-crossfirex-failed-to-generate-royalties-for-remedy-during-q3.900x.jpg)
Developer Remedy Entertainment has released its last-quarter financial results, and they make for some interesting reading on the team's direction over most of 2022. While the company is positive about its upcoming project pipeline, income from some of the studio's new releases over the last year-or-so has started to dry up.
Both Alan Wake Remastered, and the Xbox exclusive CrossfireX, "did not generate royalties" over the third quarter of 2022. Game royalties from 2019's Control also decreased during the same time frame, although that's to be expected given the game's age.
"In the third quarter of 2022, revenue grew by 7% to EUR 7.9 million. Development fees made up 95% and royalties 5% of the revenue. Key positive contributors were the development fees from Alan Wake 2 and Max Payne 1&2 Remake.
At the same time, development fees from Codename Condor and Alan Wake Remastered and game royalties from Control decreased from the comparison period. Alan Wake Remastered and Crossfire did not generate royalties."
Recently, we took a look at an interesting comparison clip for Alan Wake Remastered, pitting the game's new Nintendo Switch version against the Xbox 360 original. Seriously, the Xbox 360 version still looks great to this day!
The future for Remedy is looking much brighter, which is great news. The team says that development on Alan Wake 2 is "coming together on all fronts", with Remedy still aiming for a 2023 release with its long-awaited sequel. Plus, there are new Control and Max Payne projects in the works, which we can't wait to get a sneak peek of.
What do you make of this news? Still hyped for Alan Wake 2? Let us know your thoughts.
[source investors.remedygames.com]
Comments 16
Glad future is looking bright.
Max Payne 1&2 remake. Please don't F it up!
Hey I tried to help them get those royalties day 1 with Alan Wake. Outside CrossfireX, which didn’t feel like a proper Remedy game but contracted labor, Remedy’s always got my money day 1. Love the dev! Bring on more Alan Wake and Control (and, you know, the other IPs and new stuff).
Well, according to all coverage, Crossfire X was a [bleep]show. Hell, their weird idea of only releasing half the game into GamePass made me not even bother giving it a try myself. And I’m the kind of person that actively buys any GP game I do like. I find it so weird Microsoft agreed to such a release format.
As for Alan Wake, I think the nostalgia for that IP is highly overstated.
I love remedy and all but whoever decided on taking on CrossfireX and releasing it in that state needs to be fired. What an absolute turd.
Not surprising, the Alan Wake remaster felt unnecessary, and Crossfire X was just a bad game.
Alan Wake Remastered and Crossfire did not generate royalties.
I can't speak for AW Remastered but what they have done with the Crossfire X campaign is total sh*te and the fact they were expecting royalties for it shows their delusion. Next time put in some proper work you tw*ts..
One day these publishers will realize that these basic remasters will sell faaaaar better at $20.
My "impulse purchase" limit stops at $20. At 30, I start to question if I really want it, and the answer to that most of the time is No.
@Sebatrox How come it's mentioned in the article then as part of their financials?
@Phantasystar77 They only did the campaign which was actually somewhat playable
@themightyant because Rockstar have teamed up with them for the remakes or remasters of 1/2
Max Payne - first game I played on Xbox when bought the original big box many years ago! Cant wait to replay. AW2 definitely a day one purchase.
I played Wake for 10mins and just realised how old it was. No glow up would change that. They just need to focus on Wake 2 now, which I think could be a big seller
@Shaun2018098 Nice. Thanks for the added insight.
@somnambulance I am with you, love Remedy.
Crossfire was complete trash. And it looked like a last-gen game.
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