In March of 2020, Remedy (and two other studios) entered a publishing partnership with Epic Games for two games set in the same universe. The deal was pretty good for Remedy. Epic Games would fully fund the games in question and Epic and Remedy would split the net revenue 50/50 when the game released. In addition, Remedy would retain complete creative control and ownership of the IP.
Now, “Remedy’s AAA game project with Epic Games is soon moving into full production, and the second, smaller-scale game continues in full production mode,” according to a business review published on Wednesday. GamesBeat reporter Jeff Grubb previously claimed that Remedy was reportedly developing Alan Wake 2, and Epic Games was set to publish it. Given that Control‘s AWE Expansion revealed that Alan Wake was a major part of the Control universe and seems to set up an Alan Wake 2, it makes sense that it would be Remedy’s next title.
Remedy also has several other projects in the works, with five games in development across 4 teams. In its business review, Remedy confirmed that almost all of its internal Control developers are now working on other games, “including a new, exciting early-phase project.” In addition, Remedy announced that its work on CrossfireX, which it is developing the campaign for, and Vanguard, it’s free-to-play game, is going well.