In an announcement that has come completely out of left field, Remakes of Max Payne and Max Payne 2: The Fall of Max Payne have been announced. In the announcement post, the remake is said to be released as a single game and is being developed by Remedy Entertainment and published by Rockstar Games as part of a new agreement. The game will release on PlayStation 5, Xbox Series X|S, and PC using the Northlight game engine.
Co-Founder of Rockstar Games, Sam Houser, and CEO of Remedy, Tero Virtala have both released statements on the news.
We were thrilled when our long-time friends at Remedy approached us about remaking the original Max Payne games. We are massive fans of the work the Remedy team has created over the years, and we can’t wait to play these new versions.
Co-Founder of Rockstar Games, Sam Houser
Max Payne has always held a special place in the hearts of everyone at Remedy, and we know the millions of fans worldwide feel the same. We’re hugely excited to be working with our partners at Rockstar Games once again for the chance to bring the story, action and atmosphere of the original Max Payne games back to players in new ways.
CEO of Remedy Entertainment, Tero Virtala
At this time, the remake is in the concept stages of development and does not have a release timeframe.
GamebredMatrix 
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