Finnish developer Remedy has confirmed that Alan Wake 2 is now in "full production" and is already playable from start to finish.
As part of Remedy's latest earnings briefing, the company said, "The game will soon have all content in place, and it is playable from start to finish."
The next phase of development will be to get the game polished up and ready for launch, Remedy said. "Alan Wake is a unique brand that holds high value for the company today," the company said.
Alan Wake 2 is funded and published by Epic Games, which also funded Alan Wake Remastered. Remedy disclosed that Alan Wake Remastered has not yet turned a profit, so Remedy has received no royalties on it. "Epic Games Publishing has yet to recoup its development and marketing expenses for the game," Remedy said.
However, Remedy said it expects sales of Alan Wake Remastered to increase when Alan Wake 2's release in 2023 approaches. The thinking is that newcomers and returning fans might pick up Alan Wake Remastered ahead of the sequel's release.
In addition to Alan Wake 2, Remedy is developing a free-to-play co-op game co-published by Tencent under the codename Vanguard. This title remains in the proof-of-concept stage of development, Remedy said. The studio is also making a Control spinoff codenamed Condor and a "bigger Control game" codenamed Heron. Condor remains in the proof-of-concept phase of development, and Heron is "in the concept stage and its prototyping continues."
Additionally, Remedy is working with Rockstar Games on remakes of Max Payne and Max Payne 2: The Fall of Max Payne. "Max Payne clearly has a special place in the hearts of not only Remedians but gamers across the globe. We are very excited to bring the remade game for old and new fans alike," Remedy said.