US EditionRemedy's CEO is out amid the struggles of FBC: Firebreak
Markus Mäki becomes interim CEO after Remedy's game FBC: Firebreak missed sales targets, prompting a $17.3 million impairment and a profit warning this month.
- On October 22, Markus Mäki, Remedy co-founder and chief product officer, becomes interim CEO as Tero Virtala, CEO of Remedy, departs after nine years by mutual consent.
- Earlier this month, the company issued a profit warning and lowered its long-term sales forecast for FBC: Firebreak after the game failed to meet sales expectations.
- FBC: Firebreak reached half a million players in its first 10 days, mostly via PlayStation Plus and Game Pass Ultimate, while Remedy recognized a €14.9 million impairment.
- Henri Österlund, board member since 2017, is Remedy's new chairman following the CEO departure, and the company continues development on Control 2 plus remakes of the first two Max Payne games.
- After last month's patches, Remedy plans a November update for FBC: Firebreak adding a new game mode and cross-platform voice chat.
22 Articles
22 Articles
MMO Business Roundup: Palworld’s AI rejection, FBC Firebreak’s flop, and Stop Killing Games’ victory lap
Welcome back to another quick roundup of MMO and MMO-adjacent industry news! It’s the “great” taste of capitalism wrapped in the sun-dried tomato basil tortilla wrap of our editorial two cents, served alongside a creamy garlic and dill aoili. We might be hungry right now. Pocketpair refuses to publish games made with AI: This headline […]
22nd October 2025 Tero Virtala Steps Down As Remedy Entertainment's CEO
Today, Remedy announced that their CEO, Tero Virtala, will be stepping down with immediate effect. Virtala has been in the position since August 2016, succeeding Matias Myllyrinne. During the past nine years, Virtala has successfully overseen the transformation to a single-game developer to a multi-project studio, and the introduction of the Remedy Connected Universe. Despite a thirty-year history, the company has only really had two CEOs. Most …
The developer of Max Payne and Control, the Finnish Remedy, has a lot of trouble. After a profit warning, the CEO is now surprising.
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
