Remedy Leisure has formally introduced that it has acquired the complete rights to the Control franchise from 505 Video games. The brand new deal will give Remedy the complete rights to Control, its upcoming sequel, and the multiplayer spin-off Codename Condor, with all publishing, distribution, advertising and marketing, and different rights licensed to 505 Video games reverting again to the developer.
“As a part of Remedy’s long-term technique to have extra possession over our enterprise and the IPs we have now created, we have now gotten again all rights for Control and the in-development Condor and Control 2,” Remedy CEO Tero Virtala stated in a press statement. “Having full possession over the Control franchise offers us the liberty to determine the very best path ahead. We’ll contemplate our choices rigorously, understanding that Control is taken into account a horny franchise by many companions.”
Below the deal, 505 Video games will proceed because the writer of Control by a transition interval ending December 31, 2024, and the deal is valued at $18.4 million. Remedy says this is the same as the quantity that 505 Video games paid for the event of Condor and Control 2, and features a “minor” premium. Virtala added that Condor and Control 2 have each “progressed properly” in latest months and are nearing one other milestone of their respective improvement phases.
In the meantime, Alan Wake 2 has reached 1.3 million lifetime gross sales throughout PC, PS5, and Xbox Collection X|S as of February 2024. This makes it the fastest-selling recreation launched by the developer up to now, and whereas it is not worthwhile but, it has recouped a big a part of its improvement and advertising and marketing bills. Alan Wake 2 was additionally absolutely funded by Epic–it’s unique on PC to the Epic Video games Retailer–and Remedy plans to develop its Alan Wake and Control franchises as a part of its long-term Remedy Connected Universe technique. Because of rights points on earlier games–like Microsoft’s possession of Quantum Break–Remedy has needed to cope with artistic blocks on what it may and can’t do with its video games, however proudly owning its IPs offers it extra freedom to construct on this initiative.
The studio can also be engaged on remakes of the primary two Max Payne video games, and as of October 2023, these video games have progressed into the “manufacturing readiness stage” of their improvement. One other upcoming Remedy recreation is a live-service mission beneath the working title of Vanguard and it has a “tightknit and fast-moving group of seasoned builders from the world over,” engaged on it.