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 the pre-production stage a year ago, have advanced considerably. However, the studio has confirmed the cancellation of Kestrel, a collaborative project with Tencent, which was terminated in May of last 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 carries an estimated budget of €50 million. Self-published by Remedy, it's slated 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 the budget for the Max Payne 1+2 remakes remains undisclosed, they are confirmed as AAA-level productions with development and marketing fully financed by Rockstar Games.