Remedy Secures Exclusive Rights to Control from Publisher 505 Games

Remedy Secures Exclusive Rights to Control from Publisher 505 Games

A Finnish video game developer has acquired the rights to the popular action game Control from 2019, ⁤along with its‌ upcoming⁢ sequel and multiplayer ​cooperative ‍spin-off Condor.

505 Games will continue⁢ to be the publisher of the original Control until⁤ December 31, 2024. The agreement is valued at⁣ 17 million euros, equivalent to the investment made by 505 ⁢Games in the development of Control 2 and Condor. Remedy has indicated that the actual payment may be‌ lower ​due to outstanding receivables.

Remedy has announced ​that they will explore the option​ of self-publishing or seeking a ⁢new partner ⁤for the⁣ Control game ‍series.

Control has been a‌ major success for Remedy, with over four million copies sold globally ⁣and ⁤revenue exceeding 100 million ‌euros. The game is also linked to ‌the Remedy Connective Universe, including the ⁤Alan Wake series.

Alan Wake 2, released last October and ⁤selling 1.3 million⁤ copies, was published by Epic Games.

“As part of Remedy’s long-term strategy to expand ownership of our ⁢business and intellectual property, we have regained full control⁢ over Control and‍ the development of Condor ‌and Control,” stated Remedy CEO Tero Virtala.

Link from‌ www.playground.ru

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