Remedy shares development updates for Control 2, Max Payne 1+2 Remake and Codename Condor

Remedy provided updates on its upcoming securities portfolio via a quarterly activity review. In addition to outlining the studio’s overall financial health, the report shares details on the current status of development for Control 2, Max Payne 1+2 Remake, Control multiplayer spinoff Codename Condor, and more.

According to report, the Control 2 team “is focused on finalizing the proof-of-concept phase, during which the game world, game mechanics, and visual targets are proven.” The project is expected to enter the production preparation phase in the second quarter of this year. Control 2 was first announced in 2022.

Max Payne 1+2 Remake, first announced in 2022 as a rebuilt version combining both PS2 games into a single title, remains in production preparation stages, as first announced last October. However, the game is expected to enter full production in the second quarter of 2024.

Codename Condor has entered full production. Remedy describes its core loop as “engaging” and that “the game brings a unique Remedy angle to the genre.” Codename Kestral, Remedy’s other multiplayer title described as a “premium game with a strong cooperative multiplayer component”, remains at the concept stage.

Remedy also shares that Alan Wake 2 sold 1.3 million units in early February, recouping a “significant” portion of its development and marketing expenses. The development team continues to work on its next expansions, Night Springs and Lake House.

Following Remedy’s acquisition of the rights to Control from publisher 505 Games in February, the studio is now free to do whatever it wants with the intellectual property. CEO Tero Virtala says: “We are currently evaluating self-publishing and associated business models. At the same time, we are actively studying different partner publishing models and evaluating potential partners. Remedy also expects to have two projects in full production simultaneously, stating “We are confident that the good progress from earlier in the year will continue into full production stages.”

You can read our review of Alan Wake 2 here and Control here.