Remedy Entertainment has recently announced that players can look forward to a "more regular cadence of sequels" for both of these beloved franchises.
After a long wait, Alan Wake 2 was finally released last October, following over a decade of struggles to create a sequel to the original game. Additionally, a sequel to the popular Control game from 2019 is currently in development.
In a recent statement discussing the company's full-year financial results, Remedy CEO Tero Virtala outlined the plans for the future of these two franchises. He expressed the ambition to grow Alan Wake and Control into high-recognized brands with a steadily growing user base and a more frequent release of sequels.
Regarding the development status of upcoming projects, Virtala mentioned that Control 2 is progressing in the proof-of-concept stage, with a focus on world-building and combat. He also revealed that Codename Condor, a co-operative multiplayer game set in the Control universe, is advancing in the production readiness stage.
Not stopping there, Virtala also shared updates on the progress of Max Payne 1 & 2 Remake, which is expected to be a major new game with significant potential.
Looking ahead, Remedy anticipates that Condor, Control 2, and Max Payne 1 & 2 remake will advance to the next stages of development within the first half of this year. With a refined multi-project model in place and a dedicated team of almost 400 employees, Remedy is excited about the upcoming game launches.
Last November, Remedy announced the reboot of Codename Vanguard as Codename Kestrel, transitioning it into a premium game with a strong co-operative multiplayer component.
Despite facing some challenges in 2023, Virtala emphasized that it was a remarkable year for Remedy. The company saw success with Alan Wake 2, which was both critically acclaimed and commercially successful. Additionally, Remedy acquired full rights to the Control franchise from 505 Games.
Looking forward, Remedy expects an increase in revenue and improved operating profit for the upcoming year. More detailed outlooks will be provided once decisions are made regarding business models and potential partnerships for Control 2 and Condor.
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