Business model

Currently, Remedy has two business areas, Remedy’s own franchises and partner franchises, with different business models.

Within Remedy’s own franchises, the value creation logic depends on how the game is published. Remedy’s current strategy is focused on self-publishing its own titles.

Publishing models

Self-published own franchise games

Self-published own franchise games are our primary business model for Remedy-owned IPs. In self-published projects, we are fully responsible for arranging the funding of game development and marketing. The funding may come directly from Remedy, or from different financing arrangements, which can involve paybacks with interest or selected game revenue-share components, for example.

As Remedy acts as the game publisher, all sales are directly realized as revenues after deducting sales related taxes and discounts. Platform fees, quality assurance, and localization are recognized as expenses in Remedy’s P&L.

In this model, Remedy carries the full financial risk and has the highest revenue potential. At the end of 2025, Control and FBC: Firebreak are self-published in Remedy’s portfolio. CONTROL Resonant is being developed and is scheduled to be published in autumn 2026.

Franchise games co-published with a partner

In own franchise games co-published with a partner, Remedy and its partner co-fund the development of the game. Remedy carries the main responsibility for the development, while publishing, distributing, and marketing responsibilities are distributed between the two companies as per the agreed terms.

In these projects Remedy is also involved in the commercialization of the game. Revenue is split as royalty between the two companies as per the agreed terms. Typically, the royalty potential is reflective of the split in the project financing.

For Remedy, co-publishing projects carry a relatively high financial risk but also a significant royalty potential. At the end of 2025, Remedy held no co-published games in its portfolio and had no co-publishing projects in development.

Own franchise games with a publishing partner

In own franchise games with a publishing partner, Remedy’s partner typically funds the game development, partially or in full. Remedy creates and retains the intellectual property rights of the game and is responsible for the development of the game. The partner publishes, distributes, and markets the game.

As the game development progresses, Remedy receives development fees upon reaching the agreed milestones. Unlike in partner franchise projects, these development fees are typically without margin, as they are intended to only cover Remedy’s development expenses to the level agreed with the publisher. Publisher has the right for game sale revenue, whereas Remedy has a royalty opportunity.

Once the game is launched, development expenses, the partner’s marketing costs, and other agreed costs may be recouped against game sales. After these costs are covered, Remedy starts receiving royalties from game sales.

These projects carry a moderate financial risk and revenue potential for Remedy. At the end of 2025, Alan Wake Remastered and Alan Wake 2 are published by Epic Games Publishing in Remedy’s portfolio.

Partner franchise games

In partner franchise games, Remedy’s partner funds the development of the game and Remedy develops it according to agreed specifications. Remedy receives development fees, typically with a margin, as the game development reaches jointly agreed milestones. Typically, the game is based on the partner’s existing IP, to which Remedy creates a new game concept, which is iterated with the partner.

In this model, the partner retains control of the intellectual property rights to the game and publishes, distributes, and markets the game. The project can include a royalty opportunity, typically after recouping development and marketing investments. The size of the royalty for Remedy is tied to the game’s success.

Partner franchise games carry a lower financial risk for Remedy, but participation in the game’s success is also limited. Max Payne 1&2 remake with Rockstar Games follows this model.