SouthPeak and Deep Silver, a Koch Media company, have announced a formation to bring Deep Silver titles to the North American market.
Deep Silver is the games label of the Koch Media Group, which is a publisher and distributor of videogames and DVD movies in Europe.
“We are pleased to partner with such a well-respected and established company as Koch Media/Deep Silver and excited to join with their experienced leadership team,” said Melanie Mroz, CEO of SouthPeak. “This strategic alliance gives us access to a great product line-up on all current generation platforms.”
Under terms of the agreement, SouthPeak will become the exclusive partner for Deep Silver in the Americas.
“SouthPeak instantly brings a great deal of market expertise in North America to our organization,” said Geoff Mulligan, COO of Deep Silver. “Their team has a strong understanding of the product lifecycle including game development, marketing and retail placement. Most importantly, this alliance allows us to leverage their well established US publishing and distribution platform.”
Towards the end of December Section 8 developer TimeGate announced it was to sue Southpeak. TimeGate alleges that the publisher withheld royalty payments and signed a PS3 licensing deal with Russian company IC, which it says SouthPeak had no right.