Control 2 currently in concept stage, initial development budget amounts to €50 million
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Remedy has announced it is working with 505 Games on the sequel to its 2019 release, Control, and it has a rather large budget.
The studio has signed an agreement with publisher 505 Games to co-develop and co-publish Control 2, formerly known as Codename Heron.
Announced in June 2021 and currently in the concept stage, Control 2’s initial development budget amounts to €50 million ($51.5 million) and Remedy will retain the ownership of the game’s intellectual property. The development, marketing, post-launch investments, as well as future net revenues generated by the game, will be equally split between 505 Games and Remedy.
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