Remedy Entertainment has entered into a partnership with Annapurna Pictures, which will finance half of Control 2 in exchange for film and TV rights to both Control and Alan Wake.

This collaboration allows Remedy to maintain creative control over game development while Annapurna leads the charge into new media.

Remedy recently reacquired the rights to Control from 505 Games, enabling them to explore expansions into various media formats.

Tero Virtala, CEO of Remedy, expressed enthusiasm about expanding their franchises into film and television, emphasizing the importance of storytelling.

Annapurna CEO Megan Ellison highlighted the potential for innovative storytelling across different mediums, focusing on characters and universes rather than just formats.

Creative Director Sam Lake conveyed excitement about the opportunity to expand the Alan Wake narrative into other media through this partnership.

The collaboration signifies a shift for Remedy towards self-publishing and broader media engagement, with Annapurna supporting these ambitions.

Despite the partnership, Remedy will retain self-publishing rights for Control 2, allowing them to create the game as they envision.

Control 2 is currently in the production readiness stage, but fans should expect a lengthy wait for its release.

In addition to Control 2, Remedy is also developing remakes of Max Payne 1 and 2, as well as a multiplayer spin-off of Control called Condor.

This partnership reflects a growing trend of video game franchises transitioning into film and television adaptations.

Despite the critical acclaim of its games, Remedy has faced a decline in operating profit, highlighting the challenges of the gaming industry.