505 Games Reveals Budgets for Control Sequel and Multiplayer Spin-Off

gamerant.com:

It's a well-established fact that Remedy Entertainment, the studio behind the classic Max Payne titles, Alan Wake, and Control is working on numerous upcoming titles alongside the long-awaited Alan Wake 2. These games, specifically, are Control 2 and Project Condor, and publisher 505 Games has provided information about their respective budgets and production pipelines.

Both Control 2 and Project Condor are essentially follow-ups to Remedy's critically acclaimed Control. Inspired by the likes of SCP, Area X, and other assorted weird media, Control established a new baseline of success for the developer, allowing the studio both to connect it to its previous releases and expand upon this new combined universe with subsequent releases.

Dreams Player Creates Concept That Mimics Jesse Faden's Powers in Control

According to a recent financial report coming from 505 Games' owner, Digital Bros, Control has sold over 3 million copies over the past three years, bringing in €92 million in revenue. The game's budget was a relatively meager €30 million, making Control a very successful outing and a stellar starting point for the future of the Remedy Connected Universe. Exputer also noted that the same financial report revealed 505 Games' allocated budgets for Remedy's follow-up titles. Notably, the developer will have €50 million for Control 2, while the cooperative multiplayer offshoot Project Condor has been allotted an additional €25 million investment.

Another important thing to note in this regard is that both of the aforementioned games will be developed using Remedy's in-house Northlight engine, which received substantial upgrades for the 2019 release of Control. This means that 505 Games' investments could pan out even more