Despite being one of the most successful games released by Remedy Entertainment, Alan Wake II still hasn't recouped its expenses, according to a new financial report.
In the company's financial statement for the first quarter of 2024, Remedy Entertainment confirmed how the second entry in the series, which sold 1.3 million copies as of this February, still hasn't recouped development and marketing costs. It has to be said, however, that it shouldn't be too far from doing so, as most of the investment was said to be recouped last month.
One way Remedy Entertainment could increase Alan Wake II's sales on PC is by releasing the game on Steam, which is extremely unlikely, given how Epic Games has funded development. Remedy was asked about a possible Steam release during yesterday's Q&A session, but the answer doesn't really leave the door open, as a release on other PC storefronts is a "speculation" the studio cannot do.
On a related note, as reported by GamesIndustry, Tencent has increased its shareholding investment in the Alan Wake II developer, increasing its stake from 5% to 14%. The Chinese conglomerate is also co-financing Remedy's free-to-play co-op multiplayer game Vanguard, so the increase in investment isn't particularly surprising.
Alan Wake II is now available on PC via the Epic Games Store, PlayStation 5, Xbox Series X, and Xbox Series S. Learn more about one of the best games released last year in my review.
With its excellent trippy horror story, memorable characters, amazing atmosphere, and some of the best visuals in gaming to date, Alan Wake II is a game like few others and Remedy Entertainment's best. It took 13 years for the acclaimed writer to come back, but the long wait was worth it. We could have hardly wished for a better sequel, despite the derivative survival horror gameplay holding the experience back a bit.
About the author: Francesco De Meo has been covering video games and technology since 2012, starting his career at small outlets like Gamersyndrome and GeekSnack. After joining Wccftech gaming section in 2015, he quickly expanded his video gaming coverage with in-depth reporting, interviews with iconic industry figures such as Grasshopper Manufacture founder and No More Heroes creator Goichi "Suda51" Suda, Resident Evil series creator Shinji Mikami, Team NINJA's president and Nioh series director Fumihiko Yasuda, and Silent Hill creator Keiichiro Toyama, reviews and on-the-ground coverage of major industry events such as Gamescom and E3. When he's not reporting or reviewing, Francesco can be found playing the genres he loves most, spending time with his six cats, reading, writing music, playing guitar and drumming for his progressive rock band.
Follow Wccftech on Google to get more of our news coverage in your feeds.
