Remedy signs deal with Tencent to release free-to-play multiplayer game

The free-to-play co-op multiplayer shooter that Finnish studio Remedy is working on under the codename Vanguard will be released in Asia by Tencent. Tencent will also make a mobile version. Remedy has signed a deal with the Chinese tech giant for this.

The deal between Remedy Entertainment and Tencent covers both development and release of the game. Remedy is developing the game and will self-publish it in most parts of the world. Tencent contributes to the financing, ensures the translation of the game for Asian markets and publishes the game there. Tencent also assumes other costs related to local market versions.

As part of the deal, Tencent will also license the worldwide rights for a mobile version of the game. Tencent will pay for its development and publishing. Remedy will then receive a share of the revenue from the mobile version. Tencent is the creator of some of the most successful mobile games, such as Call of Duty: Mobile, Honor of Kings and Arena of Valor.

Vanguard is the project title of a free-to-play co-op multiplayer game that Remedy has been working on for a long time. According to the developer, the title is currently in the proof-of-concept phase and the development budget is comparable to other major games from Remedy.

It is a PVE shooter, about which no further details are known. Remedy says the game combines its expertise in story and action into an “immersive multiplayer experience”. Remedy is known for titles such as Alan Wake and Control. The game uses the Unreal Engine and is made for PCs and consoles. Whether the mobile version is separate from that version, or whether cross-play is possible, is not yet known.

In November, Remedy opened a new studio in Sweden with former DICE and EA heads to work on Vanguard. Remedy calls the title his entry into the games-as-a-service business model. This stands for free games that are maintained for a long time and that generate revenue from in-game purchases. More and more publishers are making large sums of money from free games.

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