Remedy Entertainment and 505 Games sign new publishing deal

Payday 2 publisher 505 Games has signed a €7.75 million deal with developer Remedy Entertainment.

Responsible for the likes of Alan Wake, Max Payne and Quantum Break, Remedy Entertainment’s next game will be going multi-platform.

505 Games will be publishing the upcoming title as part of the multi-year partnership. A joint statement from both parties describes the venture as a “cinematic third-person action game” in a “Remedy-created universe.”

“Featuring an intriguing story and a game structure offering a long-lasting experience, P7 contains the deepest game mechanics yet in a Remedy game,” the statement reads.

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Remedy Entertainment will retain the upcoming game’s licensing rights, which is said to run on the studio’s in-house Northlight technology that provides realistic lighting and particle effects.

“We have a strong vision of what P7 should be,” says Remedy’s CEO Tero Virtala. “505 Games brings into this partnership experience and competences that help us successfully make this vision become reality together.”

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Could this be the anticipated sequel to Alan Wake, or perhaps Remedy has plans to carry on with the Quantum Break series? What do you think? Let us know in the comments.