Layers of Fear

Anshar Studios · 2023 · $29.99 · Adventure · deal grade A

• Estimated net residual revenue: $3.3k to $5.0k per month
• Opportunity: $5.4k per month at x1.30 dormancy
• Estimated lifetime owners: 44.3k
• 79%% positive across 1703 reviews · 22.3 reviews/month

Why it's flagged

• Developer active, last post 2 months ago
• Studio active elsewhere (3 titles tracked), so this one may welcome a partner
• Last build shipped 22 months ago

Analyst notes (AI-assisted)

Layers of Fear is a first-person psychological horror adventure that remasters the original 2016 game plus its sequel, with enhanced graphics and new content.

This 2023 remake sits in a quiet revenue position, earning $4,175/mo residual with 78% positive reception and steady (if modest) 22 reviews/mo showing strong player intent for atmospheric horror. The franchise has narrative legs (players compare favorably to 2016 original; the two-game bundle is a meaningful value prop), but the Actor storyline underperformance signals storytelling risk. For a publisher seeking a proven horror IP with existing fanbase loyalty and monthly cash generation, this is worth evaluating as a catalog anchor or a candidate for modest live-service cosmetization (DLC chapters, cosmetics) rather than a full remake. Most realistic play: publishing.

• Risk: Atmospheric horror has narrowed Steam mindshare; elasticity of -1 means price reductions will not drive volume, suggesting the title has found its natural audience and expansion is capped.
• Risk: Actor storyline (Layers of Fear 2 content) is perceived as weaker than original; future story-driven sequels or expansions carry narrative quality risk if player expectations set by 2016 original are not matched.
• Risk: 21+ months post-launch with zero discounts and no dev communication in 1.7 months; engine/platform updates or live-ops support may require investment to sustain player engagement.

This case as Markdown · Estimates carry ±30-50%% error per title.