Remedy announces strategic partnership with Annapurna

Remedy and Annapurna Pictures have announced a strategic partnership on Control 2 intending to also bring Control and Alan Wake to film and television.

The deal will see Annapurna finance 50% of the development budget for the upcoming Control 2, while Remedy will receive a greater revenue share from game sales after the initial investments have been recouped from sales.

Annapurna is going to take the lead in expanding Control and Alan Wake into a new Film and TV Series, allowing Remedy to focus on the development of Control 2 and other upcoming games.

Will we see an Alan Wake movie?

As part of the deal, Annapurna will acquire an option to television, film, and selected audiovisual licensing rights for Control and Alan Wake as well as related ancillary products. Remedy will retain the full IP rights for Control and Alan Wake.

“The future of storytelling requires seamlessly integrating gaming, film, and television, and this partnership will allow us to explore new ways of bringing these narratives to life,” said Megan Ellison, Founder and CEO of Annapurna. “By leveraging Remedy’s innovative narratives and immersive worlds, we can push the boundaries of how stories are told and experienced across mediums.”

“This strategic partnership between Annapurna and Remedy is an important milestone and an exciting opportunity for us. We know Annapurna shares our passion for our IPs and the universes we have created. With award-winning movies such as Zero Dark Thirty and games like Stray, Annapurna’s expertise across film, TV, and video games makes them an ideal partner for us. This agreement will ensure we can develop Control 2 into the best game possible, allow us to move into self-publishing for selected titles and expand our franchises to other mediums,” said Tero Virtala, CEO of Remedy Entertainment.

It seems like the natural progression for the Alan Wake franchise, especially after the high praise for Alan Wake 2. It could be sometime before we hear anything else, but we will keep you posted on any movies or TV shows.

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