Remedy Entertainment announced a co-development and co-publishing agreement with 505 Games for Control 2, a high-budget sequel to the original Control.
The highly-anticipated sequel is coming to PC, PlayStation 5, and Xbox Series X|S when it releases. Remedy Entertainment will publish the PC version while 505 Games publishes the console versions. Previously known as Codename Heron, Control 2 is currently within the concept phase. The game will be built on Remedy’s proprietary Northlight engine.
The game’s initial development budget amounts to EUR 50 million, and Remedy will retain the ownership of the game’s intellectual property. The development, marketing, and post-launch investments as well as the future net revenues generated by the game will be equally split 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,” say 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,” Rami and Raffi Galante continue.
Lastly, check out the new concept artwork below via Remedy: