505 Games announced today that it has entered a new worldwide PC and console publishing agreement with Remedy Entertainment for a brand new multi-platform game across both digital and retail versions.
The Group will publish a brand-new game by contributing €7.75 million in development funding and providing marketing and publishing services through 505 Games for digital and retail versions worldwide. The agreement includes a payment of 45% royalties on net sales.
The new game, codenamed “Project 7” (P7) is a cinematic third person action game set in a new Remedy-created universe. Featuring an intriguing story and a game structure offering a long-lasting experience, P7 contains the deepest game mechanics yet in a Remedy game. The game is built on Remedy’s proprietary Northlight technology.
Raffaele Galante, CEO of Digital Bros, said:
“It is a sign of how far 505 Games has come that we are now in a position to partner with such a talented development studio as Remedy Entertainment. Our mutual life-stages, ambitions and business objectives are actually very well-aligned and we are excited to enter into what feels like a very natural partnership. The agreement fits perfectly with our strategy of continuous improvement of the quality and the potential returns of our portfolio.”
CEO of Remedy Entertainment, Tero Virtala, added:
“We have a strong vision of what P7 should be. 505 Games brings into this partnership experience and competences that help us successfully make this vision become reality together. Remedy is also investing in P7 and is deeply committed to creating an unique gaming experience that will keep the players engaged and playing for a long time to come. We are really excited to embark on this journey with 505 Games.”
John is the founder and Editor in Chief at DSOGaming. He is a PC gaming fan and highly supports the modding and indie communities. Before creating DSOGaming, John worked on numerous gaming websites. While he is a die-hard PC gamer, his gaming roots can be found on consoles. John loved – and still does – the 16-bit consoles, and considers SNES to be one of the best consoles. Still, the PC platform won him over consoles. That was mainly due to 3DFX and its iconic dedicated 3D accelerator graphics card, Voodoo 2. John has also written a higher degree thesis on the “The Evolution of PC graphics cards.”
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another console “cinematic” ultra scripted game for kids
https://uploads.disquscdn.com/images/42f8ee0940edcbc51e81790971d7e5a55cecdc8b15da1142e6f3f760f5f550b8.jpg
playing call of duty is better than playing hack and slash games, call of duty is fun at least
it’s also more fun than watching cutscenes which remedy games are all about
Yeah……..
No.
LOL that picture is classic! 😀
If i want a cinematic experience I’ll watch a movie
Hopefully they don’t shove live action nonsense into it.
thought you liked paying 60 bucks for movies
505 games………. so remedy is gonna make garbage now? 505 is a disgusting publisher.
505 Games?:| *_*
I thought they partnered with Rockstar * _ *
Really liked Alan Wake. Didn’t bother with quantum break. Hoping for their new game to be at least better than Alan Wake. They went to “cinematic” experience with quantum break and we all know how that turned out.
And 505? Really? As far as I know no decent game has been published by them. Maybe this will change? Time will tell.
liked quantum break…but alan wake was better i want alan wake 2