Remedy to Acquire Control Rights

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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Remedy to Acquire Control Rights

Business

29 February 2024 09:27

Tags: Remedy Control

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.

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Remedy Receives $15m Loan from Tencent

Remedy, the developer of Alan Wake and Control, has entered into a €15m convertible loan agreement with Tencent. This loan...

Business

Sep 27, 2024

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Polygon, one of the most prominent video game and pop culture websites of the last decade, has been acquired by...

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Just a day after its significant legal victory over Apple, Epic Games has announced a new set of features...

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