Alan Wake 2's first of two paid expansions, Night Springs, is scheduled to release at some point in 2024.
Codename Kestrel was cancelled while still in its concept stages after being announced back in November 2023.
However, Remedy Entertainment says the game's sales "have continued with a high average price."
Meanwhile, Control 2 is in the final leg of the proof-of-concept stage, while Max Payne 1 and 2 Remake is also gearing up to enter full production.
The studio wants to grow both franchises to have "an ability to generate revenues and profits at a high level."
The remake, alongside Control 2 and Condor, will advance to the next stage of production before July, Remedy says.
Instead of a GeForce RTX 2060 or a Radeon RX 6600, PC players can now use a GTX 1070 or RX 5600 XT to play at 1080p/30 FPS at Low quality.
The Finnish game developer will handle publishing, marketing, distribution and other rights for Condor and Control 2 going forward.
Remedy Entertainment confirms it's working on a much-requested feature for its acclaimed survival horror title.
The three projects will have an "increased development pace" thanks to personnel freed up from the launch of Alan Wake 2.
The developer says "growing and expanding" the Alan Wake and Control franchises will be "a key part of our future."
In its first two months, its digital sales were over three times higher than Control's in its first four months, while overall sales were 50% higher.
Remedy Entertainment's third-person shooter has sold an additional 1 million units since its last official sales update.
Subscribers to the service can experience the opening hours of the critically acclaimed survival horror starting today on PS5.
Players can now go back to any unlocked Chapters, though it will disregard their current item progression and inventory.
"The legal filing was simply an initial formality, and Remedy and Take-Two continue to work together in partnership," a Remedy rep has said.
Remedy Entertainment revealed a new logo last April, displaying a stylized "R", though Rockstar Games' parent company Take-Two Interactive is none too pleased about that.
What made Max Payne an amazing experience?
The action-adventure title is also nominated for Game of the Year, alongside Baldur's Gate 3, Alan Wake 2, Cocoon, and The Legend of Zelda: Tears of the Kingdom.
Remedy Entertainment announced back in 2021 that it was working on a co-op multiplayer spinoff set in the Control universe, codenamed Condor.