Remedy Entertainment, the company behind Control and Alan Wake, has signed a global development, licensing and distribution agreement with Tencent for a new cooperative multiplayer game, currently codenamed Vanguard.
Announced by remedy, Vanguard – which obviously shouldn’t be confused with Call of Duty: Vanguard – will be a “free, cooperative PvE shooter that combines Remedy’s narrative know-how and action gameplay into an immersive multiplayer experience.”
The game will be developed with the Unreal Engine for both PC and consoles, and while Remedy will develop and publish the game for most of the world, Tencent will localize Vanguard for “the selected Asian markets” and assume all associated localization costs.
As it stands, Vanguard is “currently in the proof-of-concept phase” and the “development budget for the game through the first year of live operation will be in the range of a typical Remedy AAA game budget”.
Remedy and Tencent will co-fund the development of Vanguard, and each company will be responsible for the release and gaming operating costs in its area. After amortization of the development costs, both companies share part of the turnover with the other.
In addition to the PC and console versions of Vanguard, Remedy has given Tencent the worldwide rights to develop and publish a mobile version of the game. Tencent will cover the cost of the project, and the companies have “agreed a separate sharing program for the mobile version”.
This announcement follows news dated May 2021 that Tencent had acquired a 3.8% stake in Remedy, which amounted to 500,000 shares. There was no game announcement back then, but that has now changed.
“Vanguard marks Remedy’s first entry into the Games-as-a-Service business model, which is being implemented by our world-class team of free-to-play experts,” said Tero Virtala, CEO of Remedy Entertainment. “We’re building something new and exciting for co-operative multiplayer space, in addition to the strengths of Remedy. The next step in the development of our company is to expand our opportunities to take on responsibility for publishing.
“We are excited about this long-term partnership with Tencent and can confidently say that it is an excellent fit in support of Vanguard’s ambitious plans. Vanguard is a global opportunity and Tencent can support Remedy internationally and conduct business in Asia and the US mobile Markets. ”
Remedy announced that it would form a new team called Vanguard in 2018 with the goal of “challenging conventions and developing and releasing new types of ongoing live multiplayer gaming experiences,” and it appears that this is the team within Remedy , that works to because the names are the same.
Vanguard joins the many projects currently under development at Remedy, including Alan Wake 2, the CrossfireX campaign, several games in the Control universe, and a new project in the early stages.
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