Remedy, the studio behind Alan Wake and Control, are keeping themselves really busy. While the studio is currently working on Alan Wake 2, they’ve also announced a deal with Tencent for its upcoming free-to-play shooter Vanguard.
Remedy and Tencent announced this deal covers “global development, license, and distribution” of the new IP. Not much is known about Vanguard, but Remedy says it’s a co-op PvE shooter that takes advantage of Remedy’s “narrative expertise and action gameplay” creating an “immersive multiplayer experience.”
“The game is developed with the Unreal Engine for PC and console platforms. Remedy will develop and publish the game worldwide, excluding selected Asian markets, where Tencent will localize and publish the game,” Remedy stated in its announcement.
Vanguard is currently in the “proof-of-concept phase.” Remedy said the budget for the first year will be “in the range of a typical Remedy AAA game budget.”
Development will be co-funded by Remedy and Tencent, with Tencent covering the costs of localizing Vanguard for Asian markets.
“Remedy and Tencent will be responsible for their own publishing and game operating costs in their respective territories while sharing a portion of revenue to the other party after the recoupment of the development costs,” Remedy said.
Additionally, Tencent has sold the global rights to a mobile version of Vanguard to Tencent, which will cover the expenses of developing and publishing the mobile edition.
Vanguard is Remedy’s first games-as-a-service title. Remedy CEO Tero Virtala said in a statement that it’s an exciting time for the company.
“Vanguard marks Remedy’s first entry into Games-as-a-Service business model, executed by our top tier team of free-to-play experts. We are building something new and exciting for co-operative multiplayer space, on top of Remedy’s strengths,” Virtala said. Expanding our capabilities to take on publishing responsibilities is the next step in the development of our company. We are excited for this long-term partnership with Tencent and with confidence can say that it is an excellent fit in supporting Vanguard’s ambitious plans. Vanguard is a global opportunity, and Tencent can support Remedy internationally, and lead the operations in Asia and the mobile markets.”