THQ Nordic AB confirms Deep Silver publishing strategy

As recently announced by Deep Silver, the digitally distributed PC version of Metro Exodus will be available solely via the Epic Game Store upon release February 15.

The parent company THQ Nordic AB would like to confirm this distribution strategy and clarify the back-ground and business rationale of the partnership.

THQ Nordic AB (publ) 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). 

Lars Wingefors, co-founder and group CEO of THQ Nordic AB (publ), commented: 

“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”.

For more information about the game, please visit: www.metrothegame.com  

Information about THQ Nordic AB can be found on: http://www.thqnordic-investors.com/en/

Lars Wingefors

Co-founder and Group-CEO THQ Nordic AB

THQ Nordic - Statement 30 Jan

Embracer Group is the parent company of businesses developing and publishing PC and console games for the global games market. The group has an extensive catalogue of over 130 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory and Wreckfest amongst many others.

With its head office in Karlstad, Sweden, Embracer Group has a global presence through its three operative groups: Koch Media GmbH/Deep Silver, THQ Nordic GmbH, and Coffee Stain AB. The group has eighteen internal game development studios engaging more than 2800 employees and contracted employers in more than 40 countries.