As game development costs skyrocket, the “Alan Wake” and “Control” studio set up a truly synergistic Hollywood partnership
In turn, Annapurna gets exclusive film and TV rights to “Control” and “Alan Wake” propertiesMuch has been made of difficulties the video gaming industry and Hollywood are facing in 2024, but a new partnership at last presents a solution to a growing problem for gaming.with Megan Ellison’s Annapurna Pictures on exclusive film and TV rights to “Alan Wake” and “Control,” two AAA properties at the Finnish studios.
While a smart move to prevent the possibility of a similar outcome for “Control 2,” it marked the first self-publishing foray for Remedy, a publicly traded company that relied on Epic Games to publish its last hit, “Alan Wake 2,” last October. As a result, self-publishing remains a risky bet. Bungie briefly presented an optimistic vision for full independence when it bought back “Destiny” from Activision, only to beand subsequently see significant restructuring after failing to adequately juggle expansions to its core live-service and new games in the works.
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