Volition is deep in development of a brand-new Saints Row game, developers THQ Nordic AB has confirmed, finally introducing the first full entry in the since Saints Row IV was released in 2013.
The announcement was made in the company’s interim report for the first quarter of its 2019 fiscal year.
During the quarter, the group, which isa made up of Deep Silver, THQ Nordic and Coffee Stain, increased its sales by 36% to SEK 1,142.0 million.
Operational EBIT grew 193% to SEK 204 million, raising the Operational EBIT margin to 18% from 8%, driven by digital sales.
New Game Development
At present, no major details have been disclosed by the group regarding the new Saints Row game, other than that it is in development.
THQ did add, however, that it entrusted the Dead Island franchise with Dambuster Studios, who were confirmed as the lead developers for the second instalment.
In addition to new titles, the company also welcomed some notable new members of staff.
Following Deep Silver’s acquisition of TimeSplitters last year, Nordic announced that one of the series’ creators, Steve Ellis, has joined to help plot the future course for this franchise.
Going forward the group said that it will continue to execute on our M&A strategy by carrying out extensive scouting, research and proactive engagement.
‘The pipeline of suitable companies to join our family is growing – both within each operating group – as well as candidates to become a new operating group under the Parent Company.’
THQ Nordic AB
The company has just recently announced that it wholly-acquired Gunfire Games, LLC.
Gunfire is the developer behind the critically acclaimed game series Darksiders, Chronos, and From Other Suns, and it’s a long-term development partner of THQ Nordic.
Through the acquisition, THQ Nordic said that it has added a strong team of RPG experts and award-winning VR developers with an existing intellectual property portfolio and an exciting new game pipeline.
The acquisition includes the development studio that comes with a team of 63 creative and technical game developers and all IP rights.
“We are stoked to have Gunfire on board and are very excited about our collaborative future and the projects we will realise together.”
THQ Nordic
© 2019 VG Addict. Click sign-up to subscribe – Article by Aidan O’Sullivan.