Remedy Entertainment's annual report reveals significant progress across its development pipeline. Control 2 has cleared the crucial concept validation phase and is now in full production, signifying a major step forward for the project.
Alongside Control 2, two other titles are actively under development: FBC: Firebreak and the remakes of Max Payne 1+2. These projects, previously in pre-production a year ago, have progressed to the next development stage. However, the Tencent collaboration, Project Kestrel, has been discontinued, having been cancelled in May of the previous year.
All current projects leverage Remedy's proprietary Northlight engine, a technology proven successful in titles like Alan Wake 2 and other studio releases.
Financially, Control 2 boasts a €50 million budget and will be self-published by Remedy for release on Xbox Series X|S, PlayStation 5, and PC. FBC: Firebreak, with a more modest €30 million budget, will launch on PlayStation and Xbox subscription services, alongside Steam and the Epic Games Store.
While budgetary details for the Max Payne 1+2 remakes remain undisclosed, they are confirmed as AAA-level productions with development and marketing fully funded by Rockstar Games.