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, 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 the preparatory stages, have advanced to full production. However, the Tencent collaboration, Project Kestrel, has been discontinued, having been cancelled last May.
All current projects leverage Remedy's proprietary Northlight engine, previously showcased in Alan Wake 2 and other successful titles.
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 €30 million budget, will launch on PlayStation and Xbox subscription services, alongside Steam and the Epic Games Store.
While the budget for the Max Payne 1+2 remakes remains undisclosed, they are confirmed as AAA-level productions fully funded by Rockstar Games for development and marketing.