Royalties
Ongoing coverage on Royalties.
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"You lost $40 million": Dev had Mortal Kombat rights yanked away because he went on a family vacation when the publisher believed he "should have been" chained to the studio
Software Creations co-founder Richard Kay discusses how the company lost the rights to develop Mortal Kombat for home consoles. This decision was reportedly made by Acclaim's chairman due to Kay taking a vacation during a critical development period for another game, leading to an estimated $40 million loss in royalties.
"Are these the most heard recordings in history?" - How the PEGI age rating recordings were made, and why €200 wasn't enough for them
Richard Wells, the voice behind the PEGI age rating announcements, recently gained viral attention on TikTok for his recognizable voice. Initially paid only €200 for the 2009 recording, Wells' newfound recognition prompted discussions with PEGI. PEGI, unaware of the recording's widespread impact, reached a new agreement with Wells for usage rights, acknowledging the unexpected reach of his work.
Remedy revenues continue to rise in 2025, reaching €59.5m
Remedy Entertainment reported a 17% increase in revenue for fiscal year 2025, reaching €59.5 million, driven by strong sales of Alan Wake 2 and Control, as well as royalties. The fourth quarter saw a 46.3% spike to €17 million, with improved operating profit. Despite the revenue growth, the company recorded a significant operating loss of €14.9 million for the full year, largely due to the underperformance of its self-published title FBC: Firebreak.