The remedy signs a ‘global development, licensing and distribution agreement’ with Tencent for the co-op multiplayer game codenamed Vanguard

Remedy Entertainment today announced that it has signed an agreement with Tencent for the distribution, development, and licensing of its next co-op multiplayer game.

Has a codename Vanguard (no, not the latest in Call of Duty franchise), the Remedy game is still in development. But the two gaming giants have agreed on dividing the different steps needed at the international level.

Developed with Unreal Engine for PC and console platforms, Vanguard will be a free-to-play, cooperative PvE shooter that “combines Remedy’s narrative expertise and action gameplay into one immersive multiplayer experience” according to the official statement of the company.

“Vanguard marks Remedy’s first entry into the Games as a Service business model, made possible by our team of leading free-to-play experts,” said Tero Virtala, CEO of Remedy Entertainment. know. “We’re building something new and exciting for the cooperative multiplayer space, building on Remedy’s strengths. Expanding our ability to take on publishing responsibilities is the next step in our company’s growth. ”

Development of Vanguard will be co-sponsored by Tencent, which will localize and release the game in “selected Asian markets”. Remedy has also licensed partners worldwide to develop and publish the mobile version of the game, but Tencent will have to pay for the development and publishing costs of the mobile version of the game. As for the game’s revenue, both parties have agreed to share a portion of the profits with the other after recovering development costs, but there will be a separate revenue plan for the mobile version of the game. Vanguard.

Virtala then added that Remedy is “excited” for the “long term” partnership with Tencent, calling for Vanguard a “global opportunity” could be supported internationally by Tencent, which is already a leader in the Asian market and mobile space.