THQ Nordic buys out Koch Media/Deep Silver

Discussion in 'GBAtemp & Scene News' started by Chary, Feb 14, 2018.

  1. Chary
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    In a rather sudden move, THQ Nordic, the massive publishing company, has just purchased Koch Media for €121 million. Koch Media is a large game publication studio as well, boasting such companies as Deep Silver (Dead Island), Volition (Saints Row), and more. In the press release, THQ Nordic explains that Koch Media and all subsidiaries will not be majorly impacted by this, and will continue operating as a separate entity. All current games in development by Koch Media/Deep Silver will continue as planned. The CEO of Koch Media mentions that after commercial failures like Homefront and Agents of Mayhem, THQ Nordic will be able to "closely monitor" their new IPs and publishing choices, and be able to help the company make wise choices in the future.

    :arrow: Source
     
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  2. LiveLatios

    LiveLatios Profesionnal Scalie

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    why
    wasn't THQ dead though? or am i just massively out of the loop, I thought saint's row was handed over to deep silver because THQ went under
     
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  3. Xzi

    Xzi Virtual Bartman

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    Wait wait wait...Koch, as in the Koch brothers? They own(ed) Volition?
     
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  4. kumikochan

    kumikochan GBAtemp Advanced Maniac

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    Yeah THQ was dead but got taken over by Nordic games hence the name THQ Nordic
     
  5. Chary
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    Nordic Games bought THQ when it died, and it turned into THQ Nordic. So now it owns all of THQ's properties and trademarks that were not sold off, and it appears they want to buy the rest of them that they don't already have.
     
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  6. leon315

    leon315 POWERLIFTER

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    Well at least we will probably see another Saint row, even I'm not fan of that series tho...
     
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  7. G0R3Z

    G0R3Z Just Can't Be Bothered

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    I hope this doesn't affect Kingdom Come: Deliverance too badly when it was just released. I know it wasn't made by Deep Silver, but it was produced.
     
  8. FAST6191

    FAST6191 Techromancer

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    Wonder if we are seeing the rise of the next ubisoft or EA.
     
  9. Jayro

    Jayro MediCat USB and Mini Windows 10 Developer

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    Oh boy, more monopolizing...
     
  10. pedro702

    pedro702 GBAtemp Guru

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    so they now have publishing rights over shenmue 3? since that was deep silver right?
    And the metro series?
     
  11. kumikochan

    kumikochan GBAtemp Advanced Maniac

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    Yup
     
  12. pedro702

    pedro702 GBAtemp Guru

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    i wonder if they are gonna make it for xbox one tough since they have publishing rights wich means if they want a xbox one version on shenmue they will do it imo.
     
  13. kumikochan

    kumikochan GBAtemp Advanced Maniac

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    They got the rights yeah but i'm guessing in the contract to those rights is the deal with Sony wich they can't ignore
     
  14. pedro702

    pedro702 GBAtemp Guru

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    Yeah i dont know how that works so sony pays to help develop, then a random company has the publishing rights its kinda confusing, one would think they would ask sony to publish it for them instead of a random company.
     
  15. kumikochan

    kumikochan GBAtemp Advanced Maniac

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    It's actually not that confusing. A legal contract was signed by multiple parties making the contract binding. If THQ Nordic buys over the company that signed that part of the contract well then they own that deal that was partly made with them but they still have to take in consideration the other parties that signed the legal binding contract. and under wich terms. A contract doesn't change unless in the contract was written that if one of the parties goes bankrupt or backs out or whatever that the contract wouldn't be binding anymore but i'm pretty sure Sony and Deep silver at the time would be smart enough not to put something like that in the contract. So the contract stays the same as it is now only that thq nordic have a part of the publishing rights. I'm probably explaining it in a lot more confusing way then i have 2
     
    Last edited by kumikochan, Feb 14, 2018
  16. zeveroth

    zeveroth GBAtemp Regular

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    I thought the same thing. TBH, I was a little shocked to see their name.
     
  17. VitaType

    VitaType GBAtemp Advanced Fan

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    THQ Nordic and Deep Silver? Fits. THQ Nordic behaves okay in the recent years. I'm fine with that, dosn't seems to be a problem to me.

    No, that's a different unrelated family. Koch is a pretty standard surname in the south of Germany (Koch just means Cook and I think it's equal common) https://en.wikipedia.org/wiki/Koch_Media
     
    Last edited by VitaType, Feb 15, 2018
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  18. NutymcNuty

    NutymcNuty GBATemp's Autismo

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    saints row trilogy incoming? LETS GET IT
     
  19. Kevinpuerta

    Kevinpuerta GBAtemp Fan

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    I thought THQ died? I remember them on the old ps2 smackdown vs raw games.
     
  20. FAST6191

    FAST6191 Techromancer

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    They did. Nordic games bought the remains and wears its decaying skin these days.
     
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