Remedy plans to reboot its free-to-play co-op multiplayer game, codenamed Vanguard, as a premium release.

The game will be published by Tencent, but “due to uncertainties in creating a successful game to the rapidly changing free-to-play market and associated risks”, both companies have “discussed a new direction” for the project.

It’s got a new codename too: Kestrel.

Last month Remedy provided an update on a number of its forthcoming projects, including Vanguard.

“We are defining the next stages of the project with our publishing partner,” it said, stating it hoped to complete the proof-of-concept state by the end of 2023.

Now Remedy said the project reached the end of that stage but will now return to a concept phase with this new direction.

Part of the former Vanguard development team will be moved to other Remedy projects, while the core leadership and select members will remain to focus on the new direction, which will “lean more into Remedy’s core strengths” and include features, assets and themes already designed for Vanguard.