Koch Media Speaks on Purchasing Saint's Row and Metro IPs from THQ
The media conglomerate talks about their new haul from THQ’s auction
As the industry begins to pick up the pieces after THQ's closure, some of the publishers of the newly acquired studios and IP have begun to issue statements to the public about their future plans for their new acquisitions.
In a statement sent to VG247, CEO of Koch Media (the publisher behind Dead Island under the name Deep Silver) Dr. Klemens Kundratitz officially welcomed their new franchises and their new studio, Volition.
“With more than 200 games on notable platforms globally, and its proven success creating renowned franchises like Dead Island, Deep Silver is perfectly positioned to lead these brands into the next generation of interactive entertainment for fans around the world.
Menno van der Bil, international commercial director at Deep Silver added, “Deep Silver already has a track record for out-of-the-ordinary games, including the immensely successful Dead Island brand. Both the Saints Row and the Metro franchises perfectly fit into our future lineup and strategy. We’re really excited to lead these well-respected licenses into a bright new future. We also welcome the legendary development studio Volition to the Koch Media/Deep Silver group.”
Metro was bought for $5.8 million and Volition was purchased for $22.3 million. Volition was created way back in 1996 when Parallax Software (developers of the Descent series) split in two, one half being Volition who went on develop the Red Faction Series, Saints Row and more. Koch Media has stated that it will release another statement with details of what they plan to do with the company in the coming months.