Tero Virtala has resigned as CEO of Remedy Entertainment following difficulties with their recent live service game. His departure is effective immediately.
The company announced last week that it is abandoning its investment in the game FBC: Firebreak. The first-person shooter didn’t gain enough popularity in the competitive co-op gaming market, leading to the decision.
Virtala, who became CEO in 2016, will stay on during a transition period while the company searches for a replacement. Markus Mäki, a co-founder, will immediately step in as interim CEO.
The studio behind Alan Wake originally anticipated a profit this quarter, but disappointing sales of their recent online game led to a €14.9 million loss. This loss essentially equals the game’s total development cost.
It’s unclear if the recent problems with FBC: Firebreak led to Virtala leaving, but considering how quickly everything happened, it’s reasonable to suspect a connection.
Honestly, it was nice to hear that the new interim CEO, Mäki, took the time to thank Virtala for everything he did and wished him well. It just seems like a classy move, you know?
Even with everything going on, I’m not too worried about Remedy. They’re busy working on remakes of Max Payne for Rockstar, which is awesome, and they’re also planning Control 2 – I’ve been waiting for that one forever!
Read More
- Solo Leveling’s New Character Gets a New Story Amid Season 3 Delay
- Surprise Isekai Anime Confirms Season 2 With New Crunchyroll Streaming Release
- All 7 New Supes In The Boys Season 5 & Their Powers Explained
- Frieren: Beyond Journey’s End Gets a New Release After Season 2 Finale
- PRAGMATA ‘Eight’ trailer
- Pragmata Shows Off Even More Gorgeous RTX Path Tracing Ahead of Launch
- HBO Max Just Added the Final Episodes of a Modern Adult Swim Classic
- Crimson Desert’s Momentum Continues With 10 Incredible New Changes
- Hulu Just Added One of the Most Quotable Movies Ever Made (But It’s Sequel Is Impossible To Stream)
- Dragon Quest Smash/Grow launches April 21
2025-10-22 14:06