Work smart, not hard, they say - and it looks like Finnish studio Remedy is doing both.
GI.biz reports that Remedy's 2020 was their most financially successful year ever, with full-year revenues rising 30% to €41.1 million (£35.8m). In 2019, they made a total of €6.5 million (£5.6m), even with the launch of Control that August, but they more than doubled that profit in 2020, with their operating profit hitting €13.2 million (£11.5m). As GI.biz points out, this was all achieved without launching a single new game.
Although Control launched on Switch at the end of 2020, it's a port of a 2019 game, so it's not technically new. It did significantly contribute to Control hitting the 2 million sales mark in December 2020, though - the Switch's Cloud Version launched in October, and November was subsequently the best-ever month for sales for the game.
We do know what Remedy is making next - they're already working on a collaboration with Smilegate, creating the single-player campaign for Crossfire, and developing Vanguard in-house, which we don't know much about beyond it being a narrative free-to-play multiplayer game.
Were you one of the many who grabbed the Cloud Version of Control on Switch? Are you excited for what Remedy does next? Give us your thoughts in the comments.
[source gamesindustry.biz]
Comments 18
Nobody is here. It's only nintendo direct
Kinda surprised it took them this long to hit 2 mill. Got the DLC as part of the UE for free this month, so I may check it out, but it's a bummer that saves don't transfer from the regular edition to the UE.
And that's why you port games to the switch
Not interested in cloud games.
Everyone seems to forget that steam version finally launched after being locked behind a 1year long epic games store exclusivity so no wonder they made profit everyone waited me included.
So the implication is that Control sold well on Switch? I'm honestly surprised that the cloud version performed well, I figured there'd be a lot of negativity surrounding it.
On Game Pass now too - wonder how much that affects the bottom line?
Thinking it did not do well on Switch with the cloud edition. A good portion of people accept digital downloads , but thinking that cloud gaming is not that popular.
Control: Ultimate Edition was technically a "new game" that released in 2020
"the Switch's Cloud Version launched in October, and November was subsequently the best-ever month for sales for the game."
Is that true? Seems like there has been a good take-up for, well, playing Control on the Switch.
Might be interesting to see cloud gaming takeup by region, along with typical region internet speed and cost.
Annoys me the cloud version did so well. Yes, they deserve credit for what seems to be a good game, but cloud gaming is not a future I look forward to...
I'd love to know the sales figures for Control on Switch. I'm gonna get it later for PS5 or Series X. Remedy makes great, unique titles. 😀
@JammyD As a suplemental feature to play bought games on a modern smart tv without having to actually have a pc when you wanna show it to a friend etc. or you go to a hotel and you log in to your account and you can just play using a controller, it has merrit just not as a substitute to actually 'owning' games.
I'd say it's a mix of the Switch version and Steam availability after the timed Epic exclusivity period. I know I certainly bought it on Steam as soon as it came out.
Also, although Control was released in 2019, it's worth speculating that consistent word-of-mouth along with best-of-the-year mentions in late 2019 and early 2020 — buoyed by continued media coverage given the DLC, Steam, and Switch releases — likely played a part. Not to mention the growing relevance of ray-tracing in the videogame conversation, for which Control remains one of the main showcases.
Nintendolife, the website that once provided good journalism, keeps publishing articles despite no news to report.
Only reason I haven't finished Control on Switch is because I'm a big scaredy-cat. This game puts me on serious edge. Great game though.
So they "more than doubled" their profits when their EGS exclusivity contract ended?
It's almost as if EG's "throw money at the wall and see what sticks" method doesn't really draw customers... curious...
@shani Why isn't this news worth reporting? Control is a game you can buy on Switch, so it's relevant. Genuinely interested to hear why you think otherwise.
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