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Alan Wake developer's next game gathers pace

Publisher secured, release platforms confirmed.

The next game from Remedy, creator of Alan Wake and Quantum Break, has secured a publisher.

505 Games will release the project for PC, PlayStation 4 and Xbox One. There's no release date yet, but the €7.75m (£6.5m) deal's announcement confirms several details of the project.

Codenamed "Project 7", it will be a third-person action experience set in "a new Remedy-created universe". So, like an Alan Wake 2, but not Alan Wake 2.

"Featuring an intriguing story and a game structure offering a long-lasting experience, P7 contains the deepest game mechanics yet in a Remedy game," the studio stated. "The game is built on Remedy's proprietary Northlight technology."

Quantum Break, Remedy's previous console project, featured a live-action trailer for a fictional TV show named "Alan Wake Returns", which set tongues wagging about a potential return for the cult classic series. But despite talks to revive the franchise, Remedy later suggested it would move on from the series.

Remedy made several attempts to get a full Alan Wake sequel off the ground, before and after Quantum Break's development. Footage of an Alan Wake 2 concept which dates from 2010 is available to view online.

With the formal announcement of P7, it feels like Remedy is finally looking to the future - and its first console release for a non-Microsoft platform since Max Payne 2 back in 2003.