Remedy to Acquire Control Rights
From TwogPedia
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.
Tero Virtala has stepped down as CEO of Remedy Entertainment, ending a nine-year tenure at the helm of the Finnish...
Hires
Oct 22, 2025
Remedy, the developer of Alan Wake and Control, has entered into a €15m convertible loan agreement with Tencent. This loan...
Business
Sep 27, 2024
Nintendo will stop selling the original Switch, Switch Lite, and Switch OLED in Europe from mid-February 2027, bringing the console's...
Business
Jul 09, 2026
Interesting turn of events, less sponsors but more money. Riot Games finally getting its esports business "super close" to profitability,...
Business
Jul 08, 2026
Now we are going back generations, this is a unique moment in hardware industry. Intel reportedly cranking production back up...
Business
Jul 03, 2026