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28th December 2021
Remedy & Tencent Reveals Partnership For Vanguard

Today, Remedy has announced a new partnership with global-giant, Tencent. The new agreement covers "global development, license and distribution" for Vanguard (codename), a free-to-play, co-operative adventure currently in the proof-of-concept phase. 

The development costs will be co-financed by Remedy and Tencent. Once ready for launch, Remedy will publish the game worldwide, with exception of selected Asian markets which will be handled by the other.

The agreement also provided Tencent worldwide rights to develop and publish a mobile version of the game, which would be funded by the publishers. Although the press release goes on to state that a "separate revenue sharing scheme for the mobile version" has been decided upon for potential, future title.

In their press release, Tero Virtala (CEO at Remedy) breaks down the agreement, stating, “Vanguard marks Remedy’s first entry into Games-as-a-Service business model, executed by our top tier team of free-to-play experts. We are building something new and exciting for co-operative multiplayer space, on top of Remedy’s strengths. Expanding our capabilities to take on publishing responsibilities is the next step in the development of our company. We are excited for this long-term partnership with Tencent and with confidence can say that it is an excellent fit in supporting Vanguard’s ambitious plans. Vanguard is a global opportunity, and Tencent can support Remedy internationally, and lead the operations in Asia and the mobile markets.”



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