Remedy is making a lot of games. There's CrossfireX, the somewhat dated first-person shooter, a Control multiplayer spinoff title codenamed "Condor," the recently announced Alan Wake 2, a full-on Control sequel that will be published with 505 Games, and finally, Vanguard, a free-to-play co-op shooter that will be published by both Remedy and Tencent.
Remedy made the announcement earlier today that Tencent had signed on to license and distribute Vanguard in "selected Asian markets." Tencent will also co-finance the game, share revenues after development costs, and also create a mobile version of Vanguard that it will develop and publish separately.
"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," said Remedy CEO Tero Virtala in a statement. "Vanguard is a global opportunity, and Tencent can support Remedy internationally, and lead the operations in Asia and the mobile markets.”
In the same press release, Remedy revealed new details on the mysterious Vanguard. The game will be a "free-to-play, co-operative PvE shooter that combines Remedy’s narrative expertise and action gameplay into an immersive multiplayer experience." It'll be made in Unreal Engine for PC and consoles and have a "typical Remedy triple-A game budget."
Vanguard is currently in the "proof-of-concept" phase, so don't expect any closed betas anytime soon.
Tencent is one of the biggest game publishers in the world, with two mobile games (PUBG and Honor of Kings) grossing over $1 billion this year alone. It recently acquired Back 4 Blood developer Turtle Rock Studios and made many other studios. Tencent currently owns a 4% stake in Remedy.
Although not mentioned in the release, Tencent is perhaps best known for partnering with other companies to publish games in mainland China. However, Tencent recently ran afoul of Chinese regulators and suffered a three-week suspension on approving new apps. Combined with the temporary blackout of Steam in China, and there's no guarantee that Vanguard will be seen in the Chinese market.
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