It is no secret that Remedy Entertainment is operating at full capacity with the number of projects ahead from the Finnish game studio. In 2023, it launched the long-awaited Alan Wake II and proved to be a success in multiple markets. Selling more than 1.3 million units, it earned being the fastest-selling title for the developer. Additionally, the game also boosted ‘Poets of the Fallen’ on iTunes at the time reaching top 10 for its album.

Looking forward, other anticipated projects from Remedy Entertainment includes Max Payne remakes. The firm announced in partnership with Rockstar Games a complete reimaging of the first two games are underway. In its most recent financial report, the game studio does acknowledge that it will enter full-on production by Q224.

Part of the earnings report also notes a new title in the pipeline, Project Kestrel. With little details, the concept was well far off from giving details on the new IP. Well, Remedy Entertainment has now confirmed the title is no more with focus shifting to pre-existing franchises.

Codename Kestrel showed early promise, but the project was still in its early concept stage. Our other projects have advanced well and are moving to the next stages of development, and increasing focus on them provides us with benefits. We can reallocate talented Kestrel developers to these other game projects, and many of our support functions get additional focus on their operations.

This is yet another means to ensure that our game projects continue advancing well. I want to thank our Kestrel development team. Though we decided to discontinue the project for wider Remedy benefits, our team has done good work and provided us with valuable learnings. I also want to thank Tencent for their partnership so far. They have been very professional and supportive.

Tero Virtala, Remedy Entertainment CEO

“Remedy Entertainment Plc (“Remedy”) and Tencent Plc (“Tencent”) have decided to cancel the game project codename Kestrel. Codename Kestrel had a small team working on the early concept stage of a premium cooperative multiplayer game. The game was being developed by Remedy, co-financed with Tencent, and to be co-published with Tencent. The project started in November 2023 as a reboot from an earlier project codenamed Vanguard.

The press release continues: “The decision to cancel codename Kestrel allows Remedy to focus more on the other games in its portfolio. Other ongoing game development projects will get experienced developers reassigned from Kestrel. In addition, the planned investment needs for Kestrel are removed and Remedy’s overall recruitment needs are reduced.”

Are you surprised by the decision from Remedy Entertainment?

Source: Remedy Entertainment