Video game and film publisher Koch Media has denied rumours originating from well-respected German economic paper Handelsblatt that it’s looking for a buyer.
In fact, according to a public post by subsidiary publishing label Deep Silver, it’s Koch Media itself that’s looking for possible acquisitions.
”We have seen a recent report suggesting Koch Media is for sale,” reads the post. ”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.”
“Independent companies like us understandably attract interest. As a matter of fact, 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.”
It’s interesting that a straightforward admission that the company is looking to buy comes at the same time that German developer Crytek appears to be in some trouble, with unpaid staff wages and rumours of bankruptcy.
The plot thickens when you consider that Deep Silver has a publishing deal with Crytek UK, developers of the upcoming Homefront: The Revolution. According to GameIndustry.biz, Koch CEO Klemens Kundratitz recently revealed that the company has some kind of financial stake in that deal.
If Deep Silver are really in a situation to buy, Crytek would certainly seem like a potential candidate. We’ll keep you updated with the latest developments.
