• THQ Nordic Acquires Koch Media

    News broke early this morning that THQ Nordic has acquired Koch Media. The deal, worth 121 million euro, means that THQ Nordic also now owns Deep Silver, the publisher of Saints Row, Dead Island, the upcoming Shenmue 3, the upcoming Metro Exodus, and the recently released Kingdom Come: Deliverance. You know, to name a few franchises you might recognize.

    That seems like quite the get for THQ Nordic there. Especially when you consider that back in late 2012, THQ sold off most of their assets to places like Koch Media and Nordic Games. Nordic Games then became THQ Nordic in 2016. In just the past year and a half, THQ Nordic picked up the licenses to game franchises such as Darksiders, Supreme Commander, and Red Faction. THQ Nordic also owns the rights to the well received RPG ELEX and This is the Police.

    To put it another way: THQ again owns the rights to the Saints Row and Metro franchises, in addition to a ton of other great franchises.

    “Koch Media has a long history of profitability despite losses incurred from some less successful game releases. THQ Nordic is convinced that the development studios of Deep Silver as part of THQ Nordic will successfully deliver at least four ongoing AAA game projects including Metro Exodus as well as the next Volition Studio AAA release and the next Dambuster Studio AAA release, together with a number of other game development and publishing titles.”, says Lars Wingefors, CEO THQ Nordic

    “I strongly believe that THQ Nordic is a great strategic fit with Koch Media. In addition to having long experience within games development and publishing, THQ Nordic has the skills, willingness and capital to deliver growth in the future.”, says Dr. Klemens Kundratitz, CEO Koch Media

    It's early days but this sounds incredibly exciting. It will be very interesting to see how THQ handles these new and returning franchises that are back under its umbrella.
    This article was originally published in forum thread: THQ Nordic Acquires Koch Media started by Shawn Zipay View original post
    Comments 2 Comments
    1. AzaleaBC's Avatar
      AzaleaBC -
      Also Ride to Hell
    1. Shawn Zipay's Avatar
      Shawn Zipay -
      Quote Originally Posted by AzaleaBC View Post
      Also Ride to Hell
      The Ride to Hell 2: More Fully Clothed Sex dream is real.
  • EwinRacing

    EwinRacing Champion Series Gaming Chairs

    Use Code TGN to Save 10% on EwinRacing
  • Latest TGN Opinions

    Shawn Zipay

    Quick TGN E3 2018 Wrap Up

    E3 was last week and I do believe the dust has finally settled. I decided, for my own sanity really, to try to take things a bit slower this year with getting news up from the event. This was...

    Shawn Zipay 06-18-2018 06:40 PM
  • Ad