Friday, March 31, 2023

Remedy has signed a deal for a coop game called Condor

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Control, which we know with Remedy, is getting ready to appear with a big-budget spin-off game called Condor.

Remedy Entertainment, developer of the award-winning Control game, has signed an agreement with 505 Games to jointly publish and develop a new 4-player game between Remedy and 505 Games, an international video game publisher and a subsidiary of Digital Bros Group. PvE game codenamed Condor is coming soon.

Condor is a spin-off of the critically acclaimed Control game released in 2019. Since its release, Control has been nominated for 11 BAFTA® Game Awards and received more than 20 “Game of the Year” awards. The new game will be made with Remedy’s proprietary Northlight® engine and tools. Condor is coming to PC, PlayStation 5 and Xbox Series X|S.

“We are excited to continue and further expand our partnership with Remedy. With sales of over 2 million copies and revenue of over €70 million, Control is a hugely successful game,” said Rami and Raffi Galante, co-CEOs of Digital Bros Group. “As a multiplayer game, Condor has the potential to engage the gaming community over the long term, contributing to 505 Games’ product revenue stream longer than traditional games.”

Condor’s initial development budget was €25 million. Development and marketing investment will be split equally between 505 Games and Remedy Entertainment and future revenues from the game. 505 Games and Remedy Entertainment have set the terms of high-level collaboration to further expand the Control franchise with a big-budget Control game in the future.And the terms of cooperation agreed.

Finally, “We have successfully collaborated with 505 Games for over four years, and we have both grown stronger in our respective fields. We are happy to expand and deepen our partnership. This new agreement also supports Remedy’s ability to expand our games into long-term franchises, create benchmarking games, strengthen our commercial capabilities, and collaborate with great partners with whom we can succeed,” said Tero Virtala, CEO of Remedy Entertainment.

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