Last year we reported that Remedy Entertainment had signed a deal with 505 Games to complete two new games. Today, the developer has just announced that one of these titles is the sequel to 2019s award-winning action-thriller, Control.
We have signed an agreement with 505 Games to co-develop and co-publish Control 2, a sequel to Control. Read the announcement: https://t.co/UD1iFHvCeH
Remedy has signed an agreement with international publisher 505 Games to co-develop and co-publish the sequel, Control 2 (formerly known as Codename Heron). The project is in concept stage, and the initial development budget currently sits at EUR 50 million. Remedy Entertainment will retain ownership of the game’s intellectual property. Development, marketing, post-launch investments and future net revenues will be evenly divided between 505 Games and Remedy.
“We are excited to deepen our cooperation with Remedy and continue the success story of Control together. Since its launch in 2019, Control has sold over 3 million copies,” said Rami and Raffi Galante, co-CEOs of Digital Bros Group/505 Games. “Control is the biggest investment 505 Games has ever made, so it has a special place in our hearts. We are grateful to the whole player community that has made Control such a long-lasting and loved game, and are even more excited to bring out Control 2,” they continued.
In mid-2021, Remedy announced that they had outlined high-level collaboration terms with 505 Games to secure a bigger-budget game. “I’m now proud to confirm that the bigger-budget Control game, also known as Codename Heron, is Control 2, a full-blown sequel to our award-winning game Control,” says Tero Virtala, CEO of Remedy.
The game will be available on PC, PlayStation 5, and Xbox Series X|S. It will be built on Remedy’s proprietary Northlight® engine and tools. Remedy will publish the game on the PC platform, and 505 Games will publish it on the console.
We’ll keep you posted on any major updates to the development process!