THQ Nordic acquires Koch Media GmbH (including Deep Silver)

[DisturbedSwan]

http://news.cision.com/thq-nordic-ab/r/thq-nordic-acquires-koch-media-gmbh,c2452159

 

THQ Nordic has entered into an agreement to acquire Koch Media GmbH, including, inter alia, the games developer and publisher Deep Silver with AAA-intellectual property rights such as Saints Row, Dead Island and exclusive licence for Metro.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, HONG KONG, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES.

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THQ Nordic AB (”THQ Nordic” or the “Company”) has, through its wholly owned subsidiary, SALEM einhundertste Holding GmbH, today entered into an agreement with the owner, Koch Media Holding GmbH (the “Seller”), of Koch Media GmbH (“Koch Media”) to acquire 100 percent of the share capital in Koch Media. The total consideration amounts to EUR 121 million on a cash and debt free basis (the “Transaction”).

Koch Media is a leading, independent producer and marketer of digital entertainment products in Europe and North America with studios in Germany, the UK, and the US, and offices in several Central and Northern European cities. Koch Media’s business consists of three business areas; i) Games, which are mainly published under the Deep Silver label with several AAA-intellectual property rights such as Saints Row, Dead Island and Metro; ii) Partner Publishing, which is the leading company in this business area in Europe and iii) Film, which is a business within movies for primarily the German and Italian speaking territories. Koch Media generated net sales of approximately SEK 2,548 million and Adjusted EBIT[1] of approximately SEK 296 million for the period April - December 2017.

The new group generated pro forma net sales and Adjusted EBIT for the period April - December 2017 of SEK 2,933 million and SEK 505 million, respectively.

[Sly Reflex]

I think I'd rather have more Dying Light than Dead Island now.

[DANGERMAN]

Deep Silver were good for publishing some decent Japanese stuff, although I guess Atlus getting bought kind of killed that. Hope this doesn't mean the end for that 

[Sly Reflex]

Someone will pick up the slack, maybe XSEED. Where there's a market, there's someone willing to push it.

[regemond]

Does that mean a much-anticipated sequel to the seminal Ride to Hell: Retribution could be green-lit? ?

 

In all seriousness though, I can see Saints Row being carried on, provided all the blurb above says they own Deep Silver published IPs too.

 

Edit: just read properly instead of glancing over it. IPs are included.

[Sly Reflex]

I hope they take a few steps back on Saints Row. The Third was ideal territory for it, the planets really lined up for that game.

[regemond]

I think SR 4 faltered because it was originally planned as  DLC (let's not restart that subject in here though) before being expanded to a full game. So they had to put a lot of extra filler in.

 

Still loved it at the time, but yeah, looking back the third instalment was better.

[DisturbedSwan]

I preferred the original SR too, I actually preferred it to GTAIV at the time.