{"id":781312,"date":"2025-12-01T13:09:54","date_gmt":"2025-12-01T13:09:54","guid":{"rendered":"https:\/\/www.eurogamer.net\/remedy-blames-revenue-drop-on-72m-cost-to-reboot-project-vanguard?utm_source=feed&#038;utm_medium=rss&#038;utm_campaign=feed"},"modified":"2025-12-01T13:09:54","modified_gmt":"2025-12-01T13:09:54","slug":"remedy-blames-revenue-drop-on-e7-2m-cost-to-reboot-project-vanguard","status":"publish","type":"post","link":"https:\/\/arcader.org\/news\/remedy-blames-revenue-drop-on-e7-2m-cost-to-reboot-project-vanguard\/","title":{"rendered":"Remedy blames revenue drop on \u20ac7.2m cost to reboot Project Vanguard"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/arcader.org\/wp-content\/uploads\/2024\/03\/remedy-blames-revenue-drop-on-e7-2m-cost-to-reboot-project-vanguard.jpg\" \/> <\/p>\n<p>Alan Wake and Control developer Remedy Entertainment has seen its revenue drop by 22.2 percent for the year.<\/p>\n<p>In the studio&#8217;s recently published <a href=\"https:\/\/investors.remedygames.com\/announcements\/remedy-entertainment-plc-financial-statements-release-january-december-2023-challenging-year-results-in-two-established-franchises-after-the-successful-alan-wake-2-launch\/\">financial results<\/a>, Remedy said its revenue fell to &euro;33.9m, posting an operating loss of &euro;28.6m. This is even with the launch of Alan Wake 2 in October, which is <a href=\"https:\/\/www.eurogamer.net\/alan-wake-2-fastest-selling-remedy-game-but-yet-to-turn-a-profit\">yet to recuperate its development and marketing costs<\/a>.<\/p>\n<p>Remedy CEO Tero Virtala said this decline was due to &#8220;increased investments&#8221; in the studio&#8217;s games, as well as the &#8220;impairment charge related to Codename Vanguard&#8221;. This was the studio&#8217;s free-to-play co-op multiplayer game, which it <a href=\"https:\/\/www.eurogamer.net\/remedy-reboots-free-to-play-co-op-multiplayer-project-vanguard-as-premium-release\">rebooted and renamed Codename Kestrel in November last year<\/a>.<\/p>\n<p><a href=\"https:\/\/www.eurogamer.net\/remedy-blames-revenue-drop-on-72m-cost-to-reboot-project-vanguard?utm_source=feed&#038;utm_medium=rss&#038;utm_campaign=feed\">Read more<\/a><\/p>\n<p><a href=\"https:\/\/www.eurogamer.net\/remedy-blames-revenue-drop-on-72m-cost-to-reboot-project-vanguard?utm_source=feed&#038;utm_medium=rss&#038;utm_campaign=feed\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alan Wake and Control developer Remedy Entertainment has seen its revenue drop by 22.2 percent for the year. In the studio&#8217;s recently published financial results, Remedy said its revenue fell to &euro;33.9m, posting an operating loss of &euro;28.6m. This is even with the launch of Alan Wake 2 in October, which is yet to recuperate its development and marketing costs. Remedy CEO Tero Virtala said this decline was due to &#8220;increased investments&#8221; in the studio&#8217;s games, as well as the &#8220;impairment charge related to Codename Vanguard&#8221;. This was the studio&#8217;s free-to-play co-op multiplayer game, which it rebooted and renamed Codename Kestrel in November last year. Read more Source<\/p>\n","protected":false},"author":1,"featured_media":781313,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[230],"tags":[1596,259,3601,3602,624,4909,102,10465,134,2864,10215,8834,59,44,45,782,2223,86,54,3987,534,60,4616],"class_list":["post-781312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eurogamer","tag-505-games","tag-action-adventure","tag-alan-wake","tag-alan-wake-2","tag-control","tag-control-2","tag-epic-games","tag-legacy-interactive","tag-microsoft","tag-microsoft-studios","tag-namco-bandai-partners","tag-nordic-games","tag-pc","tag-ps4","tag-ps5","tag-remedy","tag-remedy-entertainment","tag-shooter","tag-single-player","tag-third-person","tag-xbox-360","tag-xbox-one","tag-xbox-series-x-s"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ 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