Remedy will self-publish Control 2 as part of a new “strategic cooperation agreement” with Annapurna. A press release accompanying the announcement says Annapurna will provide half of Control 2’s development budget, and in return gains the rights to adapt Control and Alan Wake for film and television.
Remedy’s last game, Alan Wake 2, was published through an exclusivity agreement with Epic Games. Despite Alan Wake 2 being good enough to earn our Best Story of 2023 award alongside a pile of other accolades, it seems like the exclusivity deal kept the game from achieving its full sales potential: By May of this year, it hadn’t yet sold enough copies to recoup development costs. Considering Epic’s own CEO recently said most of its exclusivity deals “were not good investments,” I’m sure Remedy’s welcoming the opportunity to get its next big game on Steam from day one.
According to the press release, Remedy will get a greater chunk of the revenue share from game sales “after the initial investments have been recouped, proportional to the amounts invested,” while Annapurna will receive a higher share of the profits from eventual TV and film adaptations. “Remedy will retain…