Remedy Entertainment, 505 Games Team up for new Multiplatform Project

Remedy Entertainment is returning to multiplatform development, and it’s bringing a new publishing partner with it.

Last month, Remedy announced that it was ending it’s exclusivity agreement with Microsoft in order to also release games on PS4. Today, the studio has found a new publisher and revealed some details about their upcoming game. For it’s next game, codenamed Project 7 (P7), Remedy Entertainment will be teaming up with Digital Bros publishing arm, 505 Games. The game will be released on PS4, Xbox One, and PC.

“It is a sign of how far 505 Games has come that we are now in a position to partner with such a talented development studio as Remedy Entertainment”. – Commented Raffaele Galante, CEO of Digital Bros – “Our mutual life-stages, ambitions and business objectives are actually very well-aligned and we are excited to enter into what feels like a very natural partnership. The agreement fits perfectly with our strategy of continuous improvement of the quality and the potential returns of our portfolio.”

CEO of Remedy Entertainment, Tero Virtala, said “We have a strong vision of what P7 should be. 505 Games brings into this partnership experience and competences that help us successfully make this vision become reality together. Remedy is also investing in P7 and is deeply committed to creating an unique gaming experience that will keep the players engaged and playing for a long time to come. We are really excited to embark on this journey with 505 Games.”

505 Games parent company, The Group, will publish P7 by contributing €7.75 million in development funding , marketing, and publishing services. P7 is a third-person action game that will feature an intriguing story, deep game mechanics, and utilizes Remedy’s proprietary Northlight technology. No word on when P7 might see a release.