Key Takeaways
Created with AI - we're still experimenting, so apologies if it misses the mark
- Remedy Entertainments CEO Tero Virtala is stepping down, with co-founder Markus Maki taking on the interim role following underperformance of their latest game, FBC: Firebreak.
- FBC: Firebreak, a first-person shooter set in the Control universe and Remedys first multiplayer game, failed to meet its sales targets, contributing to a forecasted loss for the company.
- The underperformance of Firebreak is expected to impact Remedys annual results by approximately 14.9 million, leading to revised financial projections and a leadership change at the studio.
- Despite the recent financial challenges, Remedy Entertainment is known for successful titles such as Alan Wake and Max Payne.
Our favorite Goodies
Remedy’s CEO Departure After Firebreak Underperformance; Markus Maki Takes Interim Role
Remedy Entertainment has announced that CEO Tero Virtala will step down from his role, following a joint decision with the board. Virtala, who has served as CEO since August 2016, will remain during a transition period to assist with the leadership change. Co-founder and current Chairman of the Board, Markus Maki, will assume the CEO position on an interim basis. In a statement, Maki thanked Virtala for his contributions to Remedy and wished him well in his future endeavors. Virtala’s departure follows Remedy’s recent warning of lower-than-expected profits. Remedy attributed these lower-than-expected profits primarily to the disappointing performance of their latest game. Released last June, FBC: Firebreak is a first-person shooter with a PvE focus, set in the Control universe. Marking Remedy’s first multiplayer game, FBC: Firebreak failed to meet its sales targets. Although it attracted over a million players within its first ten days, largely thanks to its availability on Xbox Game Pass and PlayStation Plus, its commercial performance was disappointing.
Underperformance of Firebreak Impacts Remedy’s Financial Projections, Leading to CEO Change of Direction
The game’s weak sales are projected to impact Remedy’s annual results by approximately 14.9 million, leading the company to revise its financial projections from anticipated revenue growth to a forecasted loss. On Steam, Firebreak launched with approximately 2,000 simultaneous players, a number that rapidly declined. In recent weeks, the game has not surpassed 100 concurrent players, often maintaining fewer than 50 daily active users. This period of financial challenge provides a clear backdrop for the leadership change at the studio, which is renowned for successful titles like Alan Wake and Max Payne.
In Case You Missed It
In a week filled with thrilling news and entertainment, Saudi Arabia is making waves by injecting $1 billion into reviving SNK, the iconic game developer behind cult classics like The King of Fighters and Metal Slug. Led by Erick Feig, former head of Lionsgate, this ambitious project aims to create Arena SNK Studios, set to produce high-budget films, animated series, and global experiences based on these beloved franchises. As Jonathan Dubinski explores in his latest piece published on 2025-10-18 Saudi Arabia Injects $1 Billion to Make ‘The King of Fighters’ Movies with Former Lionsgate Head, this move not only seeks to modernize these games for a new generation but also positions Saudi Arabia as a forward-thinking nation in the global cultural scene. Meanwhile, Bruno Pferd has you covered with your Netflix cravings, as he dishes out the details on must-watch cult films like “The Blair Witch Project,” “American Psycho,” and “Kill Bill,” along with the highly anticipated new thriller “A House of Dynamite” starring Rebecca Ferguson, in his latest post published on 2025-10-20 Netflix: This Week’s Releases Featuring Cult Films and a Highly Anticipated New Release. Lastly, if you’ve been immersed in the enchanting landscapes of Villa Shinju in Towa And The Guardians Of The Sacred Tree and yearn for more, you’re in luck! Composer Hitoshi Sakimoto’s mesmerizing 54-track soundtrack has just been released on major streaming platforms like Spotify and Apple Music. Dive into this symphonic journey created exclusively for Bandai Namco Game Music and let Marcus Thompson guide you through the captivating tale of Towa and her guardians in an exclusive speedpainting video feature. Experience the music here: Soundtrack of Towa and the Guardians of the Sacred Tree Now Available on Top Music Streaming Platforms.