Remedy to Acquire Control Rights
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News/Remedy to Acquire Control Rights
Business
29 February 2024 09:27
Remedy Entertainment, has acquired the rights to its game Control from its publishing partner, 505 Games, for €17m. According to release, this acquisition grants Remedy full control over the publishing, distribution, and marketing aspects of Control, as well as any future sequels or spinoffs.
Furthermore, Remedy has revealed its intentions to explore potential partnerships for the development of Control 2 and a multiplayer spinoff. As part of the agreement, the publishing arrangement between Remedy and 505 Games has been mutually terminated. However, 505 Games will continue to act as Control's until the end of 2024. Meanwhile, Remedy will immediately assume control over Control 2 and the multiplayer spinoff, codenamed Condor.
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Business
29 February 2024 09:27
Remedy Entertainment, has acquired the rights to its game Control from its publishing partner, 505 Games, for €17m. According to release, this acquisition grants Remedy full control over the publishing, distribution, and marketing aspects of Control, as well as any future sequels or spinoffs.
Furthermore, Remedy has revealed its intentions to explore potential partnerships for the development of Control 2 and a multiplayer spinoff. As part of the agreement, the publishing arrangement between Remedy and 505 Games has been mutually terminated. However, 505 Games will continue to act as Control's until the end of 2024. Meanwhile, Remedy will immediately assume control over Control 2 and the multiplayer spinoff, codenamed Condor.
Tero Virtala has stepped down as CEO of Remedy Entertainment, ending a nine-year tenure at the helm of the Finnish...
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Remedy, the developer of Alan Wake and Control, has entered into a €15m convertible loan agreement with Tencent. This loan...
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Sep 27, 2024
Players don't like 50% price hike's, who knew? Xbox finally admitted their blunder, Asha Sharma herself wrote "growth slowed down...
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May 29, 2026
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