It’s been a turbulent Fall for Remedy Entertainment.
The Finnish games studio recently announced the departure of Tero Virtala, who stepped down as CEO late October, following a period of significant financial challenges. However, Remedy’s broader strategy looks optimistic, with hints at a possible release date for the Max Payne remakes and Control 2 emerging from the company’s Q3 2025 investor statement released on October 29.
Per Remedy’s statement to investors, the company plans to double its 2024 revenue by 2027 echoing Interim CEO Markus Mäki’s call to “raise the sense of urgency across the organization.”
But while Remedy is working on a secret new project — currently in the proof of concept stage — it’s megawatt Control sequel Control 2, and the long awaited iconic Max Payne remakes that will likely drive sales by 2027.
Control is a 2019 third-person action-adventure focusing on heroine Jesse Faden. Jesse’s personal quest to find her missing brother Dylan leads her to the Federal Bureau of Control (FBC), where she takes on the onerous role of Director, following the death of the previous one at the hands of an otherworldly threat known as the Hiss. Jesse must learn and use supernatural abilities to fight the Hiss invasion, regain control of the ever-shifting Oldest House headquarters, uncover the secrets of the FBC, and learn her brother’s role in its predicament.
Max Payne (2001) and Max Payne 2: The Fall of Max Payne (2003) are being combined into one cohesive title for this remake from Rockstar and Remedy. This Neo-Noir action shooter follows a depressed, undercover detective (Payne) who has been framed for murder and now seeks revenge for the death of his family. The Max Payne games were famous for their iconic “Bullet Time” mechanic and their gritty, story-driven plots.
Both projects are currently in full production. However Control 2 only entered full production status around 9 months ago, meaning fans will be less likely to see the released game until 2027. Resources have since been reallocated to Control 2 from the disappointing FBC: Firebreak. Remedy will also self-publish the game under its partnership with Annapurna Pictures, who will fund 50% of Control 2’s development.
Max Payne meanwhile, has been in full production since Q2, 2024, meaning the project, undertaken with a “close and productive” collaboration with Rockstar Games (who are funding the project), will be likely to see an earlier release date, potentially even as early as 2026.
Remedy has yet to make an official statement on a release date for either title. However, the company is known and widely respected for its transparency and consistency, and will likely update fans via an initial teaser trailer and announcement date when the time is right.
Although Remedy’s third quarter was defined by the underperformance of FBC: Firebreak and financial write-downs, it’s not exactly all bad news for the company. Game sales and royalties saw a strong increase, fuelled by the performance of Alan Wake 2 and Control, whose rights were fully reacquired by Remedy this year.
With both juggernauts Max Payne and Control 2 an “urgent” target Remedy remains a solidly confident bet in its ability to deliver in the near future.
