The Chinese company has increased its stake in Remedy by almost 15%
Many gamers have become fond of Remedy Entertainment since the release of Alan Wake 2. It is a company that has created titles with a lot of personality As the survival horror already mentioned, but we cannot forget Control or the future Max Payne 1 & 2 Remake. However, in this industry there are many external entities with sufficient capital capacity to invest in stocksand it seems that Tencent has once again set its sights on the Finnish studio.
Tencent has made a aggressive and important movement in recent days, since the Chinese company has increased participation in Remedy, creators of Alan Wake 2. It currently owns 2,000,716 shares, which represents a 14.8% of the totalbut it must be emphasized that this movement has done it on other occasionssince the Chinese giant began its investments in Remedy in May 2021 since it acquired 3.8%, according to reports from VGC.
At the end of 2022 it increased its investment to 5.01%, but in recent days it has tripled its participation. It must be remembered that one of the projects that Remedy has in hand is Codename Kestrel, which restarted its development at the end of 2023. In principle It was going to be a free-to-play titlebut Remedy’s intention is to launch a “premium game with a strong component cooperative multiplayer“. It is currently in the concept stage and it seems that there are many years left until its launch.
Remedy’s next games
We cannot forget that the remakes of Max Payne 1 & 2 showed signs of life in recent days and it was confirmed that “it continues in the preparation stage for production”, but “it is expected to enter Full production during the second quarter of 2024“. Regarding Control 2, we can say that the title “has focused on finalizing the proof of concept phase”, and is expected to “advance to the preparation stage for production during the second quarter of 2024.”
Codename Condormultiplayer set in the Control saga, has already gone to complete production, and the company indicated in its financial report that “the gaming core is attractive.” Last but not least, the Alan Wake saga has a promising future since it was stated weeks ago that it wants to “create a regular franchise” of games. So Alan Wake 3 will not take 13 years and two generations to reach the market. In addition, we must not forget that Alan Wake 2 has two story DLC prepared that could arrive this very 2024.
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