Finnish recreation developer Remedy has revealed its annual report for 2024, and included within the doc is the disclosure of how a lot cash the corporate is spending on its upcoming video games. That is one thing of a rarity within the online game enterprise, as many different publishers and builders cover improvement budgets.
Remedy mentioned the “preliminary” improvement price range for Management 2 is €50 million ($54 million USD). As introduced beforehand, Annapurna Footage is funding 50% of the sport’s improvement price range, and each Remedy and Annapurna plan to create “authentic tales” spanning movie and TV primarily based on Remedy’s recreation franchises.
FBC: Firebreak, in the meantime, carries a improvement price range of €30 million. FBC is a session-based, multiplayer PvE recreation that will likely be “mid-priced.” It’s going to even be obtainable at launch through PC Sport Cross, Xbox Sport Cross, and PlayStation Plus. Remedy owns the Management IP, of which FBC is a spin-off.
FBC: Firebreak Reveal Trailer | Xbox Associate Preview 2024
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The Remedy doc additionally mentions the upcoming Max Payne 1&2 remakes, that are funded by Rockstar Games. A selected price range was not disclosed, however Remedy mentioned it is “consistent with a typical Remedy AAA recreation manufacturing.”
For comparability, Alan Wake 2 had a reported budget of €70 million ($75.8 million), which included €20 million (€21.7 million) in advertising prices. Epic Games funded Alan Wake 2. The advertising budgets for Management 2 and FBC haven’t been disclosed.
In contrast, the event deal for the ill-fated Sony shooter Harmony was said to be $200 million or more. It additionally lately got here to mild that WB Games might need spent $100 million on Marvel Girl earlier than cancelling it. Each recreation is exclusive, and so is the atmosphere surrounding it, so no comparability may ever be full or honest.
Remedy revealed a gaggle of monetary paperwork at present. Along with the annual report, a year-end monetary assertion report confirmed that income grew throughout 2024. Nevertheless, the corporate’s whole working loss was €4.3 million ($4.7 million USD), which was much better than the annual working lack of €28.63 million ($31 million USD) the 12 months prior.
One other doc revealed new details on how much money Remedy staffers and executives made in 2024. The common wage of a Remedy worker in 2024 was €63,907 ($69,284), which was up from €63,822 ($69,162 USD) in 2023 and €60,103 ($65,149 USD) in 2022, however down from €67,862 ($73,500 USD) in 2021. This common excludes salaries for Remedy’s CEO and members of the board of administrators.
Remedy’s CEO, Tero Virtala, made a wage of €210,240 ($227,958 USD) in 2024, the identical precise quantity he made in 2023. His whole pay bundle was bigger in 2024, although, because it additionally included €79,820 ($86,500 USD) in “long-term incentive rewards,” giving him a complete pay bundle in 2024 of €290,060 ($304,000 USD). Virtala additionally has a inventory choice plan that might show to be profitable sooner or later, however in 2024, he didn’t train or promote any choices in 2024.