Swedish studio Starbreeze has bought up the rights to the Payday franchise, announcing Payday 3 in the process. 

Payday 2 publisher 505 Games will receive 33% of revenue made from future sales of Payday 3 - following Starbreeze recouping its marketing costs - capped at £27 million.

There was nothing else on the sequel, but it was revealed that Starbreeze would take the full net revenue from Payday 2 on Steam, while net revenue from the console versions will be split between the companies.

Despite now earning money from the game's Steam version, Starbreeze has killed off the game's controversial microtransaction-based Black Market in its money making form, however, making it free for all players. 

All future 'safe drops' - random loot acquired through play - will now be free to open. This change comes less than a year after the system was introduced.

Developer Overkill explains how it all works in the video below:

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PayDay 2 was released in 2013 for PS3, Xbox 360 and PC, with an enhanced Crimewave Edition launched in 2015 for the PS4 and Xbox One. 

The game was well received aside for some AI criticisms at the time, but largely loved for its excellent mix of gameplay elements.