Control 2 is currently in the concept phase, the initial development budget is 50 million euros

Remedy has announced it is working with 505 Games on the sequel to its 2019 release, Control, and it has a pretty big budget.

The studio has signed a co-development and publishing agreement with publisher 505 Games control 2formerly known as codename Heron.

Control – Story Trailer

Announced in June 2021 and currently in the concept phase, Control 2’s development budget is €50 million (US$51.5 million) and Remedy will retain ownership of the game’s intellectual property. Development, marketing, post-launch investments and future net revenue generated from the game will be split equally between 505 Games and Remedy.

“With Control we have jumped into the unknown. We wanted to create something new. Something different and unexpected. A world like no other.

“With Control 2 we will take another leap into the unknown. It will be an unexpected journey. It’ll be a while but to say the least this is the most exciting project I’ve ever worked on so early on it will be worth the wait.

The game will be available for PC, PlayStation 5 and Xbox Series X/S and will be built on Remedy’s proprietary Northlight engine and tools. Remedy will publish the game on the PC platform and 505 Games will publish it on console platforms.

“We look forward to deepening our collaboration with Remedy and continuing Control’s success story together,” said Rami and Raffi Galante, Co-CEOs of 505 Games. “Since its launch, Control has sold over 3 million copies, making it the largest investment 505 Games has ever made, so it holds a special place in our hearts.”

“We’re grateful to the entire gaming community for making Control such a enduring and popular game, and we’re even more excited to bring Control 2 out.”

Control is an action-adventure game revolving around a secret US government agency, the Federal Bureau of Control (FBC), tasked with containing and investigating phenomena that violate the laws of reality.

As Jesse Faden, you’ll explore the oldest house, the FBC’s paranormal headquarters, and use your abilities against an enemy known as Hiss. Control 2 is currently in the concept phase, the initial development budget is 50 million euros

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