Remedy Entertainment's annual report reveals significant progress across its development pipeline. Control 2 has cleared the concept validation phase and entered full production, marking a key step forward. Alongside Control 2, two other projects are actively in development: FBC: Firebreak and the remakes of Max Payne 1+2. These titles, previously in pre-production a year ago, have now advanced to the next stage of development. However, the Tencent collaboration, Project Kestrel, has been cancelled, a decision made in May of last year.
All current projects leverage Remedy's proprietary Northlight engine, a technology proven successful in titles such as 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 €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, their AAA status is confirmed. Rockstar Games is fully funding both development and marketing for this project.
