Remedy Entertainment has announced the cancellation of its high-profile cooperative multiplayer game, Codename Kestrel, previously known as Vanguard. Tencent, the influential Chinese holding company, was initially slated to publish the game.
The decision to cancel Codename Kestrel will enable Remedy to concentrate on other ongoing projects, including Project Condor, a multiplayer experience set in the Control universe which is currently in the final stages of development, as well as remakes of Max Payne 1 and 2.
In a press release, Remedy explained:
Codename Kestrel showed early potential but was still in the initial concept phase. Our other projects have made significant progress and are moving forward, so focusing on them provides clear advantages. We can reassign Kestrel’s talented developers to these projects and give our support teams greater focus on their core tasks.
Even though Alan Wake 2 has garnered critical acclaim, Remedy recently disclosed it has yet to recover its investment in development and marketing costs for the game, six months after its release. Observing the situation, Tencent increased its stake in the Finnish developer to 15%.
