Remedy Entertainment announces an agreement with Rockstar Games to create updated versions of Max Payne and Max Payne 2: The Fall of Max Payne. The announcement talks about a relationship between the two companies that dates back to Rockstar publishing the two third-person shooters back in the day. Now word is the band is getting back together to modernize the games for modern systems. "Max Payne has always held a special place in the hearts of everyone at Remedy, and we know the millions of fans worldwide feel the same," said Remedy CEO, Tero Virtala. "We’re hugely excited to be working with our partners at Rockstar Games once again for the chance to bring the story, action and atmosphere of the original Max Payne games back to players in new ways." Here's what's being revealed about the project(s) for now:

Under the development agreement signed today, Remedy will develop the games as a single title for PC, PlayStation 5 and Xbox Series X|S using its proprietary Northlight game engine. The game’s development budget will be financed by Rockstar Games, the size of which will be in line with a typical Remedy AAA-game production. Under the agreement, Remedy has a royalty opportunity after Rockstar Games has recouped its development, marketing, and other costs for distributing and publishing the game.

The project is currently in the concept development stage.