Starbreeze Studios has announced that it is planning to start development of Payday 3. The game will be the direct sequel to Payday 2, that game released in 2013. The publisher has not yet given a release date. Earlier today the publisher has announced that it has acquired all rights to the Payday franchise.

"505 Games will retain a 33% revenue share of Starbreeze’s net revenues from future sales of PAYDAY 3 capped at 40 MUSD, and after Starbreeze has fully recouped its development and marketing costs." the announcement reads.

"It's Starbreeze assessment that the price of 30 MUSD will be matched by corresponding revenues on the Payday franchise until such time Payday 3 is released in the future. Given the strategic value for Starbreeze to control its hit franchise it is both in the short and long term a sound investment."

In addition to the announcement the publisher has also announced that it will continue to support Payday 2 with an additional 18 months of content updates.