xbox360

Trials HD By RedLynx Reaches 500 000 Unit Sales Mark

The Finnish multi platform game developer RedLynx has announced that it has sold over half a million copies of its popular Trials HD game on the XBOX360 (via Kauppalehti). The game is worth about 1200 Microsoft points which accounts to about 15 USD totalling in 7,5 million USD in sales.

The company itself is also in very good shape financially. RedLynx is already showing some of the success in its finances as 2009 revenues are in the range of three million with a million in profit. Last time RedLynx was profitable was in 2004 with a 356 thousand euro profit. High fluctuations are natural in the gaming business as it takes a long time to build a game and very few are capable of pumping out new games on continuous basis to keep the company constantly profitable.
Continue reading »

Remedy Entertainment Sheds Some Light On Alan Wake

Remedy EntertainmentRemedy Entertainment, a Finnish gaming company, has revealed some more information regarding their newest game Alan Wake, which has a planned release date in the Spring 2010. For those unfamiliar with Remedy Entertainment, they are the developers of Max Payne the first person shooter based in the city of New York. The game was an immense success by all means and they later sold the rights to the game for $10 million US to Take-Two Interactive as well as close to million shares of stock.
Continue reading »