505 Games | Game World Observer

All publications by tag «505 Games»

Industry News February 28

Remedy acquires full rights to Control franchise from 505 Games for €17 million

Remedy Entertainment has entered into an agreement with publisher 505 Games to acquire the rights to the Control IP. The Finnish studio will now also have full control of the upcoming sequel and spin-offs.

Industry News November 15, 2023

505 Games parent company Digital Bros to lay off 30% of employees to adapt to new market environment

Italian publisher Digital Bros, parent company of 505 Games, has announced a round of layoffs. The move will affect around 30% of its global workforce.

Industry News July 19, 2023

505 Games allocates over €500k for post-release support for Ghostrunner 2

Publisher 505 Games has entered into an agreement with Ghostrunner 2 developer One More Level. The terms imply that the studio is committed to actively supporting the game for a year after its global launch.

Industry News March 20, 2023

Control tops €92 million in revenue, sequel to have budget of €50 million

Italian publisher Digital Bros has released its financial report for the six months ended December 31, 2022. The company also disclosed sales and other data for its main revenue-generating games.

Industry News March 10, 2022

Microsoft becomes Metacritic’s top publisher of 2021, making history as first company to average 85+ score

Metacritic has shared its list of top game publishers of 2021, with Microsoft leaping to the first place. The company has outperformed other big companies, including Sony, Activision Blizzard, and EA.

Industry News June 29, 2021

Remedy to develop Control multiplayer spin-off and co-publish it with 505 Games

Remedy has signed a co-publishing and development agreement with 505 Games for a multiplayer Control spin-off title. The new game is a 4-player cooperative PvE game, codenamed Condor.

Industry News April 7, 2021

Death Stranding surpasses €23 million in revenue on PC

Digital Bros, which owns publisher 505 Games, reported financial results for the first half of the fiscal year ended December 31. Death Stranding was the company’s main driver, earning over €23 million since its release on PC.