Remedy Entertainment has released its report for the full 2023. The company recorded significant declines in both revenue and profitability, but remains confident in its future games currently in development.

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.

On March 20, Remedy Entertainment published a more detailed version of its annual report. The document provides additional information about the company’s production pipeline and business strategy.

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.

Many developers have supported Rockstar after the recent GTA VI leaks. Naughty Dog, Remedy, Massive Monster, and other studios started sharing early footage from their games to debunk the “graphics are the first thing finished in a video game” myth.

Remedy has shared a financial report for 2021, calling it a strong year and promising that the best times for the company are yet to come. The Finnish studio has four major games in development, which should drive its long-term growth.

Remedy has issued a report for the first half of 2021 (ended June 30). Financial results aside, the company also shared updates on its key franchises and an upcoming game in collaboration with Epic 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.

Control has exceeded 2 million copies sold, according to Remedy’s financial report for 2020. The company also managed to surpass €40 million in annual revenue.