A new report has revealed that, despite a strong start, Outriders failed to turn a profit in 2021.
The report comes from developer People Can Fly (via Tweak Tower). Here, the company reveals that the game is yet to make any revenue to its publisher (Square Enix). This was something that was doubted in August last year, when the developer said that Square Enix was yet to pay royalty fees to it.
But, even in the months since that initial statement, no royalty fees ended up getting in the way of People Can Fly in 2021.
“Since the game was completed and put on the market (which occurred on 1 April 2021), the Company is entitled to royalties payable if the specific proceeds (as defined in the Agreement) from its sale ensure that the publisher Recovers a predetermined level of costs incurred in connection with the development, promotion and distribution of the game. The royalty level depends on the amount of specific proceeds from the sale of the game,” the developer wrote in its report.
“The Group did not receive any royalties from the Publisher for the period up to December 31, 2021, which means that the net proceeds from the sale of Outriders as of the reporting date are to recover the expenses and costs incurred by the Publisher for development, distribution and promotion Title was insufficient.
“This is confirmed by the royalty statement for the fourth quarter of 2021 received by the group from the publisher.”
In May of last year, Square Enix said that Outriders was “heading to become the company’s next big franchise” when 3.5 million unique players flocked to the experience in its first month (something that would have come to life on Xbox games on the first day of the game). was responsible for) passing).
However, sadly, for People Can Fly it seems that the initial spark has now dimmed. But, despite this, Outriders is one of the few IPs that Square Enix hasn’t decided to divest.
Out of the blue on Monday, the publisher announced that it has struck a deal with the Embraer Group to sell its Western studio and more than 50 intellectual property for just $300m.
