Control 2 Enters Full Production As Alan Wake 2 Has Finally Recouped Development Costs

Finnish game developer Remedy has released its latest earnings report, and included in the filing are some key updates for the developer's upcoming games. Perhaps the two biggest takeaways are the confirmation that Control 2 has now entered full production, while Alan Wake 2 has finally recouped its development costs after selling 2 million copies.

In its filing, Remedy said Control 2 "entered full production" in February 2025. "The project has verified the velocity of asset creation, established production pipelines, and is ready for scaling up for production," the developer said.

Entering the "full production" phase is a significant milestone for any project. Another high-profile game, CD Projekt Red's The Witcher 4, entered the full production phase of development at the end of 2024.

As announced previously, Annapurna is funding 50% of Control 2's budget, and that budget has never been disclosed and likely never will be. Annapurna is co-funding the game as part of a deal that will see Annapurna help bring Remedy's Control and Alan Wake franchises to film and TV. The Chinese gaming giant Tencent is also an investor in Remedy and its upcoming projects.

These other upcoming games include FBC: Firebreak, a multiplayer game launching in 2025 that is self-published by Remedy, as well as remakes of Max Payne 1 and 2 in partnership with Rockstar Games. Firebreak and the remakes are both now in full production.

As for Alan Wake 2, the game has now sold 2 million copies and has begun to accrue royalties for Remedy. As recently as November 2024, the game remained unprofitable for Remedy. Epic Games funded Alan Wake 2 with the agreement being that once development and publishing costs were made back, further revenue would be split between Epic and Remedy.