I was extremely excited by the recent news that Control was going to be adapted into film and or TV. This could be a massive risk to that going ahead.
This is true! But I think the “good” (?) news there is Annapurna Studios is not going anywhere, and they retained all the IP their subsidiary holds. Sucks for the former Annapurna Interactive folks that they can’t bring the IP with them, but c’est la vie.