REMEDY Takes Full Control of CONTROL IP

Remedy Entertainment has taken full control of the Control franchise by acquiring the rights from publisher 505 Games for a sum that could reach up to €17 million. This cost includes the investment into the development of a sequel and a multiplayer spin-off, codenamed Condor. The Finnish developer initially partnered with 505 Games for the release of Control in 2019. This acquisition aligns with Remedy's long-term strategy to have more ownership over its franchises, giving the studio the freedom to make optimal choices for future projects. Despite this shift in ownership, 505 Games will continue to distribute Control until the next year.

Remedy has expressed that this move is beneficial in ensuring the franchise remains attractive to various partners and can be expanded in the future. The development of Control 2 and Condor has progressed significantly in recent months, although neither has been revealed to the public. Additionally, Remedy is working on remakes of Max Payne 1 and 2 and follows the success of the acclaimed Alan Wake 2 which was released last year.

The acquisition should have a positive impact on the upcoming games, as Remedy now has complete creative control and freedom to make decisions that best serve the future of the Control franchise, Control 2, and the multiplayer spin-off, Condor.

Extra Background Information: Control is a third-person action-adventure game that combines gunplay with supernatural abilities. Released in 2019 to critical acclaim, it was praised for its unique world-building, engaging story, and innovative gameplay mechanics. Set in the shifting halls of the Federal Bureau of Control, players explore an otherworldly threat known as the Hiss. With this acquisition, fans can expect Remedy to continue expanding the mysterious and captivating universe they've created, potentially adding to the rich narrative and evolving gameplay that has become synonymous with the Control series.