Koch Media is “Really Excited” About its Purchase of Saints Row and Metro Franchises
Yesterday, was somewhat of a sad day in the industry as we witnessed THQ, a publisher that has been around — for what felt like forever — taken apart piece by piece and sold off to its competitors. But out of the bad news came some good as titles that were, at one point or another in limbo, are finding themselves in new homes where they can (hopefully) once again see the light of day.
Koch Media managed to snag two such games when it purchased the rights to the Metro franchise for $5.8 million and then outright purchased Volition Games for around $22.3 million, the developers behind the guilty pleasure known as Saints Row.
In light of the announcements, Koch Media CEO Dr. Klemens Kundratitz, released a statement to the press to share their excitement on their purchases.
“Koch Media welcomes the addition of these magnificent franchises to the Koch Media family of entertainment properties… 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.”
Deep Silver, a wholly-owned subsidiary of Koch Meda, released their own statement through COO Geoff Mulligan, displaying their excitement as well.
“These franchises hold a special place in the hearts and minds of anyone who loves exceptional video games… We’re thrilled to usher in a new era for these franchises and are proud to welcome the visionaries and talented forces at Volition on board.”
In the end, both Saints Row and the rights to the Metro name wound up in good hands. We’re excited to see what eventually comes of these acquisitions.