I’m not sure this is going to directly affect that, because their deal talks mainly about financing for the Control game, and the other news is about movie adaptations, so probably it is going to be another team, lead by the newly re-hired Hector Sanchez, working on that…
But who knows, this kind of things are always hard to follow from the outside
Our continuous internal reviews and beta test groups have highlighted areas that we need to focus on more, mainly performance and content
From the FAQ:
Is the game canceled?
No, the game is not canceled.
What happens to pre-orders?
All pre-orders will be refunded in the upcoming weeks. The option to pre-order the game will be removed and the bonus will instead be added to the base game for all
Is there going to be Early Access or Beta Access to the game?
There will not be an early access or extra beta access right now
In the blog there are the steps to how to get the refunds, I’m not copying them in case they change.