Remedy gets Alan Wake publishing rights from Microsoft

Remedy Entertainment Plc: Remedy records 2.5 million euros of one-time royalty income from previously released games

Remedy Entertainment Plc | Insider information 08.00 am (EET) 1 July 2019

For its first half-year period of 2019, Remedy Entertainment Plc records approximately 2.5 million euros of royalties from previously released games as one-time income. The royalties are paid to Remedy during the second half-year period of 2019. In relation to this, the publishing rights of Alan Wake games are reverted to Remedy.

This one-time income does not significantly affect Remedy’s full year result, because as previously reported, the Company continues to invest in developing new games, the success of which have a greater impact on the Company’s full year revenue and result.

Remedy Entertainment Plc - Board of Directors