THQ Nordic has acquired Koch Media, the mother or father firm of Deep Silver, who owns the rights to Metro, Dead Island, and Saints Row.
THQ Nordic introduced right now that it has acquired 100% of Koch Media’s shares for €121 ($149 million). This consists of all studios, licenses, IPs, and different non-games companies owned by Koch Media.
In different phrases, THQ Nordic now owns the Saints Row IP and its developer Volition, the Homefront IP together with developer Dambuster, Dead Island, and the rights to the Metro collection developed by 4A Games. Volition, and Dambuster are each engaged on unannounced, AAA video games, the corporate mentioned.
Deep Silver can also be a publishing companion for a lot of video games, together with the just lately launched Kingdom Come Deliverance, and a few upcoming tasks like Bloodstained: Ritual of the Night, and Shenmue three – all of which it’s going to proceed to publish.
Koch Media can even proceed to function beneath the identical title, and the whole lot will keep on as standard.
The transfer could seem sudden, however plenty of current industrial flops for Deep Silver have doubtless made it a neater promote. The two large AAA video games Deep Silver revealed within the final couple of years have been Homefront: The Revolution, and Agents of Mayhem. Both have been poorly acquired, and bought under expectations. Deep Silver additionally partially funded and revealed Mighty No. 9.
Before it turned THQ Nordic, Nordic Games purchased the rights to plenty of THQ IPs when the writer went bust. The firm later purchased the title “THQ” and re-branded as THQ Nordic. Koch Media/Deep Silver was the opposite firm that additionally picked up loads of THQ’s IPs, and all of them at the moment are again beneath the identical proprietor.
The publish Saints Row, Dead Island and Metro publisher Koch Media acquired by THQ Nordic appeared first on VG247.
Source