THQ Nordic CEO Fully Supports Deep Silver/Koch Media’s Decision to Migrate Metro: Exodus to Epic Games Store
Yesterday, THQ Nordic tweeted that the recent decision to migrate Metro: Exodus from Steam to Epic Games Store on PC had been taken by Deep Silver/Koch Media. This, however, left some people confused given that Deep Silver/Koch Media was acquired by THQ Nordic in 2018.
Today, Lars Wingefors, co-founder and group CEO of THQ Nordic AB, released the following comment in a press release:
I fully support our sub-groups’ autonomy to run their respective businesses. I believe it’s in the group’s, and ultimately the consumers’, best interest that business decisions are made close to the market and this is the group’s consistent business model.
I firmly believe that Deep Silver and Koch Media have carefully considered the advantages and disadvantages, opportunities and risks in their decision to go solely with Epic Games Store. The decision has my full support.
I have noted that there is some confusion about the two different THQ Nordic entities, the parent company and the operating entity in Vienna. As already communicated to shareholders last year, the parent company will change its name to better reflect its status.
The press release also goes on to clarify the internal structure of THQ Nordic AB, which is the Swedish parent company listed on the Stockholm Stock exchange that owns three independently operating sub-groups:
- The publisher and distributor Koch Media including their premium publishing label, Deep Silver, who owns the Metro, Dead Island, Saints Row and TimeSplitters IPs (amongst others)
- The publisher THQ Nordic GmbH who owns Darksiders, Titan Quest, Wreckfest, MX vs ATV IPs (amongst others).
- The publisher and developer Coffee Stain who owns the Goat Simulator IP (amongst others).
Are you still going to buy Metro: Exodus on the Epic Games Store, or will you wait to be able to get it on Steam in one year (the deal with Epic will expire on February 14th, 2020)?