The Oldest House could be coming to the big screen near you. TV and film adaptations of Control and Alan Wake could be on the way after Remedy Entertainment Reached an agreement with Annapurna Pictures. Annapurna is providing half of the development budget for Control 2 and in exchange acquired the rights to adapt both franchises.
Remedy owns full intellectual property of both after purchasing the rights to Control from 505 Games earlier this year. The two franchises exist in A shared universe in the MCU styleAnd both are highly cinematic. Expanding them to audiovisual media makes a lot of sense.
Remedy will take the lion's share of Control 2 Revenue from the game will be split once both parties have recouped their investments. Annapurna will keep the majority of revenue from the TV and film projects. No details have been revealed about how Control and Alan Wake will be adapted.
The studio is behind films such as The darkest night, she and Nimonawhich turned out to be a surprise hit on Netflix. The company is also starting to turn games published by its excellent Annapurna Interactive division into movies. An animated film Lost The movie is on the way.
“Annapurna's experience in film, television and video games makes them an ideal partner for us,” said Remedy CEO Tero Virtala. “This agreement will ensure that we can develop Control 2 “In the best possible way, it will allow us to move into self-publishing select titles and expand our franchises into other media.”
The deal should ease some of the financial pressure on Remedy. Control 2 had an initial budget 50 million euros ($55.4 million), but that figure could rise. The move into television and film will also give Remedy a new source of revenue.
Remedy Operating Utility collapsed Over the past two years, it had 19 million euros ($21.1 million) in net cash. At the end of Junecompared to €31.7 million the previous year. Its games have been critically acclaimed. However, Alan Wake 2which Remedy said in February was its The best-selling game to datehad only “recovered most of its development and marketing expenses” by earlier this month.
Control 2 It's not in full production yet, so it's still a few years away. Remedy has two other games in the works: a multiplayer Control project and a remake of the first two Max Payne titles. Remedy was developing a co-op shooter with Tencent, but scrapped it earlier this year.
