Remedy Entertainment has acquired full rights to the Control franchise from 505 Games.
In a transaction that might be price as much as €17 million ($18.4m), all rights to Control, Control 2, multiplayer spin-off codename Condor, and all future sequence entries will revert to the Finnish recreation developer.
Remedy partnered with 505 Games in 2017 to publish the unique Control, which was launched two years later.
The recreation has offered over 4 million copies and generated “shareable internet income” of roughly €100 million ($108.4m) for the businesses, in accordance with Remedy CEO Tero Virtala.
“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,” he stated.
“Having full possession over the Control franchise offers us the liberty to resolve the most effective path ahead. We will think about our choices rigorously, understanding that Control is taken into account a sexy franchise by many companions.
“Condor and Control 2 have each progressed properly in current months and we count on these initiatives to achieve their subsequent growth levels throughout the first half of 2024,” Virtala continued.
“The growth of Condor and Control 2 will proceed usually after we think about the most effective publishing, distribution and financing mannequin for these initiatives.”
Remedy not too long ago confirmed plans to develop and broaden the Alan Wake franchise following a profitable launch for the second mainline entry within the sequence.
After struggling for over a decade to make a sequel to 2010’s authentic, Alan Wake 2 was lastly launched final October to widespread vital acclaim.
In addition to successful a number of high-profile awards, Remedy stated this month that Alan Wake 2 had offered 1.3 million copies, making it the studio’s quickest promoting recreation to this point.
