Remedy announced today 2.5 million euros of one-time royalty income from previously released games. In addition, the team has finally secured the publishing rights to Alan Wake which was previously owned by Microsoft.
As the press release reads, for its first half-year period of 2019, Remedy Entertainment records approximately 2.5 million euros of royalties from previously released games as one-time income. The royalties are paid to Remedy during the second half-year period of 2019. In relation to this, the publishing rights of Alan Wake games are reverted to Remedy.
We already knew that Remedy owned the Alan Wake IP but the publishing rights for every Alan Wake game, including any upcoming games based on that IP, were owned by Microsoft. Now that the development team also owns the publishing rights, we may see a brand new Alan Wake game.
Do note that the fact that the publishing rights were returned to Remedy does not mean that the team is working on a new Alan Wake game. Remedy is currently busy with its new supernatural action adventure game, Control, which releases on August 27th.
The press release concludes that this one-time income does not significantly affect Remedy’s full year result, because as previously reported, the company continues to invest in developing new games, the success of which have a greater impact on the company’s full year revenue and result.
Whether this one-time income has anything to do with Control releasing exclusively on the Epic Games Store remains a mystery.