In its quarterly earnings presentation, Treatment Leisure shared an replace on its remake of Max Payne 1 and a couple of, in addition to the information that Tencent has practically tripled its funding within the studio.
In a report for shareholders, Treatment introduced that Max Payne 1 & 2 remake is anticipated to maneuver into “full manufacturing” throughout Q2 of 2024 (April via June of 2024). Moreover, Codename Kestrel — Treatment’s upcoming multiplayer motion sport previously often known as Vanguard — continues to be within the idea stage.
Elsewhere, the Management 2 crew is finalizing its proof of idea and is anticipated to advance to the “manufacturing readiness stage” throughout Q2. Codename Condor, a multiplayer sport set within the Management universe, is in “the ultimate improvement stage earlier than a sport is launched,” or full manufacturing.
With all these video games within the cooker, Treatment has acquired a brand new infusion of money from present stakeholder Tencent. Beforehand, Tencent acquired a minority (3.8%) stake in Treatment that it later upped to five%. At the moment, Treatment introduced that Tencent elevated its stake once more to 14.8%, practically triple what it was prior.
A busy 12 months for Treatment
It was a busy interval for Treatment. The corporate totally acquired rights to the Management franchise from 505 Video games, and is presently discussing future partnerships and enterprise and publishing fashions, together with self-publishing. Alan Wake 2 bought 1.3 million models as of the beginning of February, and Treatment says right this moment that the sport has recouped “a major half” of its bills.
The corporate moreover introduced right this moment that its COO Christopher Schmitz is resigning, and that long-time Treatment veteran and Management sport director Mikael Kasurinen is being appointed as a company-wide artistic director. Treatment’s income for the quarter was up 56.2% year-over-year to €10.8 million ($11.6 million).
Two deliberate expansions for Alan Wake 2 are presently within the works, one entitled Evening Springs, and a second entitled The Lakehouse. Neither has a launch date simply but.
Rebekah Valentine is a senior reporter for IGN. Bought a narrative tip? Ship it to rvalentine@ign.com.