Who Owns Remedy Entertainment? Microsoft, IP Rights, and the Future of Iconic Franchises

By Natalie BrooksLast Updated April 24, 2025

Introduction: Remedy Entertainment’s Ownership Explained

Remedy Entertainment is a well-known game development studio responsible for critically acclaimed titles such as
Control
,
Alan Wake
, and their upcoming sequels. In recent years, the question of whether Remedy is owned by Microsoft has surfaced among gamers, investors, and industry observers. This article provides a comprehensive, fact-based analysis of Remedy’s ownership, the status of its intellectual property (IP) rights, and what these mean for future releases and business opportunities.

Is Remedy Entertainment Owned by Microsoft?

Remedy Entertainment is not owned by Microsoft. Remedy is an independent, publicly traded video game developer headquartered in Finland. While Microsoft has partnered with Remedy to publish certain games in the past-such as
Alan Wake
as an Xbox exclusive-there is no evidence that Microsoft owns the company, has a controlling stake, or dictates its business decisions. Instead, Remedy maintains its autonomy, negotiating publishing agreements and IP rights on a project-by-project basis. [1] [4]

The History of Remedy’s Partnerships with Microsoft

Remedy Entertainment has worked closely with Microsoft in the past, notably for the release of
Alan Wake
and
Quantum Break
, both of which debuted as Xbox exclusives. These collaborations stemmed from publishing agreements rather than ownership. In 2019, Remedy reached an agreement with Microsoft to acquire the publishing rights to
Alan Wake
for â‚¬2.5 million, allowing the franchise to appear on platforms beyond Xbox. [1] [5]

This move signified Remedy’s strategic shift toward independence and multi-platform releases. The studio’s ability to buy back publishing rights demonstrates its financial stability and commitment to controlling its creative output.

Current Status of Remedy’s Intellectual Property Rights

Remedy Entertainment recently acquired full rights to the
Control
franchise from 505 Games for â‚¬17 million. This major milestone includes all publishing, distribution, marketing, and future development rights for
Control
,
Control 2
, and the multiplayer spin-off codenamed
Condor
. Until December 31, 2024, 505 Games retains publishing duties for the original
Control
, after which Remedy will handle all business-to-business transactions and future releases. [2] [3]

Remedy CEO Tero Virtala stated that complete ownership over the
Control
franchise gives the studio freedom to determine its business and publishing strategy. This independence is part of Remedy’s long-term plan to maximize creative control and financial return. [2]

Implications for Game Publishing and Player Access

Remedy’s regained ownership of its major IPs-including
Alan Wake
and
Control
-opens up several possibilities:

Multi-platform releases: Remedy can publish its games on PlayStation, Xbox, and PC without exclusivity constraints, increasing accessibility for players. [4]
Self-publishing or new partnerships: The studio may choose to self-publish or seek new partners, giving it flexibility in marketing, distribution, and monetization strategies. [3]
Creative freedom: Ownership allows Remedy to develop sequels, spin-offs, or remasters without external approval, ensuring consistent vision and quality.

For fans and industry professionals, this means more direct engagement with Remedy’s games and greater transparency about future developments.

Step-by-Step Guidance: How to Access Remedy Entertainment’s Games and Services

Remedy Entertainment’s titles are available across major gaming platforms thanks to its multi-platform strategy. Here’s how you can access their games and stay updated:

Game purchase: Visit official digital storefronts such as the PlayStation Store, Xbox Store, or Steam to buy Remedy’s titles. Search for “Remedy Entertainment” or specific game names like “Control” or “Alan Wake.”
Game updates and news: For the latest on upcoming releases, expansions, and events, follow Remedy Entertainment’s official website and verified social media channels. Remedy regularly posts investor announcements and development updates.
Business inquiries: For partnership or publishing proposals, use the contact information provided on Remedy’s investor relations page. Remedy is open about considering new publishing partners for future releases. [3]
Industry news: Stay informed through reputable gaming news outlets such as Eurogamer, Windows Central, and Digital Trends, which cover major Remedy milestones and announcements. [1] [4]

If you are interested in business opportunities or collaborations, consider reaching out to Remedy directly via their investor relations portal. To locate Remedy Entertainment’s official contact channels, search for “Remedy Entertainment investor relations” using your preferred search engine.

Alternative Approaches for Finding Verified Information

If you seek the most up-to-date details on Remedy’s ownership, IP rights, or publishing plans, use these strategies:

Consult Remedy’s official press releases and investor communications for authoritative updates.
Check major gaming media outlets for coverage of Remedy’s deals and strategic shifts.
Use trusted search engines to verify the latest news about Remedy’s partnerships and IP acquisitions.
For official government or regulatory filings, search for Remedy Entertainment in the Finnish Trade Register or equivalent agencies.

Always prioritize official sources and avoid relying on unofficial forums or speculative media for business-critical information.

Potential Challenges and Solutions

Transitioning from publisher partnerships to full ownership presents challenges, such as handling global distribution, marketing, and customer support. Remedy is addressing these hurdles by evaluating whether to self-publish or seek new distribution partners. If you are a prospective business partner, monitor Remedy’s investor announcements for publishing opportunities and strategic collaborations. [3]

For players, the main challenge is keeping track of platform availability and release schedules as Remedy explores different publishing models. Staying connected through official channels and reputable news sources is the best way to remain informed.

Conclusion: Remedy Entertainment’s Independent Future

Remedy Entertainment’s status as an independent, publicly traded studio gives it full creative and business control over its flagship franchises. Microsoft does not own Remedy, though past partnerships have shaped the studio’s history. With full ownership of
Alan Wake
and
Control
, Remedy’s future is marked by flexibility, multi-platform releases, and expanded opportunities for players and partners alike.