Remedy Entertainment - creators of Alan Wake 2 and Control - has announced the cancellation of Codename Kestral. This early-in-development premium multiplayer title has been in the works for a little bit, but has seemingly been thrown to the wind in favour of focusing more on established IP.
This news came courtesy of an official post on the Remedy Entertainment website. The decision is notably coined by both Remedy Entertainment and Tencent, the chinese corporation that owns over 15% of the developer.
"Remedy Entertainment Plc (“Remedy”) and Tencent Plc (“Tencent”) have decided to cancel the game project codename Kestrel. Codename Kestrel had a small team working on the early concept stage of a premium cooperative multiplayer game. The game was being developed by Remedy, co-financed with Tencent, and to be co-published with Tencent. The project started in November 2023 as a reboot from an earlier project codenamed Vanguard."