https://www.pcgamer.com/if-alan-wake-2-ever-happens-it-wont-be-anytime-soon/

Alan Wake, released almost nine years ago, is exactly the sort of game you'd expect to get a sequel, and with developer Remedy showing off its latest game, Control, it's time once again to ponder the future of the paused series. I wouldn't hold your breath. 

If you cast your mind back to 2015, you might recall that Sam Lake, Remedy co-founder and writer, mentioned an Alan Wake 2 pitch that the studio had made to Microsoft, getting as far as putting together a "mood piece" video. Unfortunately, it didn't go further, and the studio's discussions around the sequel transformed into the time-bending TV show-game hybrid, Quantum Break.