Outriders developer People Can Fly said it has yet to receive royalties from publisher Square Enix, according to its 2021 financials report from the company.
While Outriders started with good popular success and strong sales, as well as an Xbox Game Pass placement brokered by Square Enix, People Can Fly says it has yet to cover Square Enix’s expenses to promote the game. Game.
If you are interested in the complete file, here is the PCF’s annual report: https://t.co/MrOuGqunVC
Keep in mind that the concepts of “no royalties paid” and “game not refunded” are two different things.
— Mike Futterish (@Futterish) May 6, 2022
After the completion and release of the game (which took place on April 1, 2021), the Company is entitled to pay royalties if certain revenue from its sale (as defined in the contract) allows the publisher to return at a predetermined level. . “Expenditure on game development, promotion and distribution,” reports People Can fly.
“The royalty level depends on the specific amount of revenue from game sales. The Group did not receive any royalties from the publisher for the period ended December 31, 2021; this means that the net revenue from the sale of Outriders was insufficient at the closing date Reimbursement of expenses and expenses incurred by the publisher for the development, distribution and promotion of the title.
“This is confirmed by the fourth quarter 2021 royalty statement the group received from the publisher.
In May 2021, Square Enix announced that Outriders would be the next big franchise. It was one of the few Western-based IPs the company didn’t sell to Embracer earlier this week in a $300 million deal.
People Can Fly and Square Enix will release DLC for Outriders: Worldslayer in June.
Source : dbl tap
