Alan Wake 2 recoups majority of dev costs as Remedy reports H1 revenue rise

Remedy has released its financial results for the first half of 2024, reporting increased revenue and “improved profitability” compared to the same period last year. He also announced that while Alan Wake 2 has yet to generate any royalties, the game has recouped most of its development and marketing expenses since its release last October. … Read more

Square Enix’s Q1 profits rise 68% to $72m despite sales decline

Square Enix released its financial earnings for the three months ended June 30, 2024, reporting a significant decrease in net sales compared to the previous fiscal quarter. The publisher attributed the drop in its digital entertainment revenue, which encompasses its video game business, to a decline in sales of new titles in the first quarter … Read more