The publishing rights for Alan Wake, the atmospheric action franchise developed by Remedy Entertainment, has now reverted to the developer over from Microsoft. Remedy revealed the news today in an announcement to investors, with the studio also adding that it will be receiving €2.5 million in royalties "from previously released games."
The studio has always held on to the Alan Wake IP, but with this development, it now also holds the publishing rights, maybe paving the way for more games featuring the torch-bearing author in the future.
The original game is now almost a decade old, releasing in 2010 for the Xbox 360 and 2012 for Windows. While it was followed up by a spin-off, American Nightmare, in 2012, a full-fledged sequel never materialized, with Remedy going on to develop Quantum Break for Xbox One and Windows in 2016 before dropping its Microsoft exclusive third-party developer status.
The studio is currently working on the multiplatform title Control, and 505 Games is serving as the publisher this time. As such, even if Remedy has plans for an Alan Wake sequel, it may be some time before we see it in action. However, this could mean the original Alan Wake, or any future games, could finally come to other platforms than just Microsoft's, like PlayStation and Switch.