Alan Wake 2 Gets Disappointing Financial Update

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Key Takeaways

  • Alan Wake 2, despite strong sales and critical acclaim, has not yet generated a profit since its release.
  • Remedy Entertainment is eagerly awaiting the game to break even and start making royalties.
  • The recent releases of Alan Wake 2’s Lake House DLC and physical copies may help recoup the rest of its development costs.

As a seasoned gamer who has been through countless gaming generations, it’s disheartening to see such a critically acclaimed masterpiece like Alan Wake 2 still struggling to turn a profit. I remember waiting with bated breath for its release, only to find myself waiting yet again for the game to break even. It’s like being on a rollercoaster ride without the thrill – just constant anticipation and a longing for resolution!

In simple terms, despite being one of Remedy Entertainment’s top-rated games, “Alan Wake 2,” the sequel to the 2010 game “Alan Wake,” has yet to make a profit a year after its launch on October 27, 2023, for PC, PS5, and Xbox Series X/S. It’s a survival horror game in the Alan Wake series.

In the world of gaming last year, I was thrilled to dive into the gripping narrative of Alan Wake 2, developed by Remedy. This game received a fantastic response and saw impressive sales figures. By the end of 2023, it had sold over a million copies, making it Sam Lake’s best-selling creation yet. Sales continued to surge during February 2024, with an additional 300,000 units sold. To top it off, Alan Wake 2 garnered numerous awards and nominations at The Game Awards 2023, even taking home several wins.

According to the latest financial report from Remedy Entertainment, Alan Wake 2 hasn’t yet turned a profit. The CEO, Tero Virtala, shared that the studio is still anticipating royalties from the game, with its primary revenue sources being Control and older versions of Alan Wake in Q2 FY25. It was also disclosed that by September, Alan Wake 2 had mostly recouped its development and marketing costs before the release of its final DLC, The Lake House.

Alan Wake 2 Is Not Yet Profitable for Remedy, But That May Change Soon

Beyond the other notable successes of “Alan Wake 2,” a significant development that could greatly benefit Remedy Entertainment is the horror game finally reaching breakeven point. This long-anticipated milestone has been elusive for the Sam Lake-directed game, but with recent financial reports showing positive trends, it seems this wait may soon come to an end. The report covers the company’s finances up until September, the conclusion of the second quarter, which is crucial as it precedes one of Remedy’s most significant years moments. In October, they released the “Lake House” DLC and shipped the initial batch of physical console copies for “Alan Wake 2.” With these two releases providing a potential boost, there’s a strong likelihood that the game will meet the remaining financial threshold to become profitable.

Currently, Remedy Entertainment is engaged in various projects based on their popular intellectual properties, namely Max Payne and Control. As per reports, the most advanced project at this moment is the remake of Max Payne 1 & 2, which is now in its full production phase, making good progress. On the other hand, the team mentioned that development on Control 2 has been going smoothly, aiming to enter the full production stage in 2025.

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2024-11-01 23:13