Remedy and Annapurna announce a strategic cooperation agreement on Control 2 and bringing Control and Alan Wake to film and television
www.remedygames.com
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ANNAPURNA PARTNERS WITH REMEDY TO DEVELOP AND PRODUCE CONTROL AND ALAN WAKE FRANCHISES FOR FILM AND TELEVISION
Los Angeles, CA, August 29, 2024 –
Annapurna today announced a partnership with Remedy Entertainment Plc (“Remedy”) to develop and produce their award-winning Control and Alan Wake franchises for film, television and other audiovisual formats.
As part of the deal, Annapurna will also work with Remedy as a co-production and co-financing partner for the upcoming game Control 2. Remedy will continue to focus on developing Control 2 and the rest of its slate of games, building on their successful track record as a development partner.
Last year, they worked with Epic Games Publishing on Alan Wake 2, which became Remedy’s fastest-selling game and was a winner of multiple Game of the Year Awards.
“At Remedy, our primary focus continues to be what we do best—crafting industry-defining video games that have earned us global recognition. Now, the time is right to expand the reach of Remedy's beloved franchises to an even broader global audience through film, television, and more. In Annapurna, we have found an outstanding partner who shares our ambition and passion for immersive storytelling. We are excited to see them bring the universes and characters we have created to life in new mediums, thanks to this unique deal.” commented Tero Virtala, CEO of Remedy Entertainment.
The deal was announced just a week after the news that ex-Epic Games executive Hector Sanchez had rejoined Annapurna as President of Interactive and New Media, where his role includes partnering with founder and CEO Megan Ellison to develop IP across mediums.
"This deal with Remedy isn't just about adapting great games—-it's about breaking new ground in how companies can collaborate.
By backing Remedy's move toward self-publishing, we're putting our faith in their vision,” said Sanchez. “We know from experience that Remedy is a first-class games development partner, and we’re excited to share their work with an even wider audience by bringing the Control and Alan Wake universes to film, television and beyond.”
“The way we tell stories is changing,” said Ellison. “Today people fall in love with characters and universes, not formats, and we’re excited to leverage Remedy’s beloved, immersive narratives in these new mediums.”
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Seems like a good move for Remedy, and the work they did with Epic has probably helped them in many ways, while still retaining IP rights.