Max Payne Creator Remedy Entertainment Signs Massive Deal With Tencent to Boost Exciting New Project

Creator of iconic titles such as Control, Quantum Break, and Max Payne, Remedy Entertainment, just struck a massive deal with PUBG’s Tencent Games. Under this deal, both the two studios will work together on a mobile game project.

As per the latest news, coming directly from Remedy Entertainment, the mobile game is called Vanguard. Well, that’s not the final title of the project but an early codename.

The big news was reported by reputed industry insider Nibel on Twitter. He also included an official investors’ page link in his tweet, containing the relevant information, thus confirming the existence of the massive deal between Remedy Entertainment and Tencent.

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Remedy Entertainment and Tencent Vanguard mobile game: early details

Codenamed Vanguard, the upcoming mobile title from Remedy is a free-to-play, co-operative PvE shooter multiplayer, according to the official investors page. Furthermore, it will blend Remedy Entertainment’s amazing narrative expertise and action gameplay, to result in a great, immersive experience. When it comes to the development itself, then Vanguard is being made on Unreal Engine, for PC and other popular consoles.

Remedy Entertainment will develop and launch the mobile game with Tencent across the globe. However, it will exclude several regions from Asia. In the excluded markets, Tencent will take the initiative to get the title out to the public.

At the moment, Vanguard project is in a proof-of-concept phase. Speaking of the overall budget, it will likely fall in line with Remedy’s past AAA titles.

Tencent and Remedy Entertainment are co-financing the development of the mobile game. As part of the new agreement between the two, Remedy also recently licensed worldwide rights of Tencent, in order to make and also publish a mobile title.

The two parties have also mutually agreed on a separate scheme when it comes to sharing the revenue. Based on that, they will receive the money the game generates in the future.

Vanguard, the codenamed project, is the first time Remedy Entertainment is venturing into the arena of live service-based gaming. As per Tero Virtala, CEO of Remedy, they are trying to build a new and exciting “co-operative multiplayer space.” In addition to the latest deal, they are also hoping for a long-term partnership with Tencent.

What are your thoughts on the new development involving the maker of Control and the team that brought PUBG to the world?

Let us know in the comments section below.

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