Deep Silver Squashes Rumors That The Company Is For Sale

By   /   2 years ago

Publisher Koch Media, which houses the more commonly known Deep Silver, has come out to squash any starting rumors that the company would be up for sale. On Deep Silver’s Twitter account, Koch Media posted:

We are happy to say that Koch Media (including its premium games publishing label Deep Silver) is well-financed, profitable, and a stable and growing business in the entertainment industry.

Further on in the message, the company bolsters their stance of being a well-off enterprise by stating:

We ourselves are always on the lookout for responsible acquisition opportunities in the fields of publishing and distribution to accelerate our growth. But we are not for sale.

Perhaps some of the murmurs have to do with the recent struggles over at developer Crytek. They’re currently partnered with Deep Silver to make Homefront: The Revolution, coming to Playstation 4, Xbox One and PC.

Reports didn’t say good things about the developer. Supposedly, the Homefront team would be walking out of development, after not being paid, which would indicate some financial issues somewhere in the pipeline.

Still, if anything, it would seem like people would be more inclined to believe that Deep Silver could pick up the studio fully under its wing, like in a recent NeoGaf thread. It’s not that farfetched an idea, since they have been buying out assets lately.

For instance, Deep Silver was one of the major players in the THQ buyout, picking up the Saints Row franchise, as well as the Metro shooters. Both of those have seen an iteration of their game brought to market, with the latter even planning a remake edition.

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