Saints Row V, Dead Island 2 may release in 2020, THQ financials hint

THQ Nordic expects new games to hit a record 1.4 billion SEK this year, hintin big games are on the way. What could they be?

@DeekeTweak
Published Sat, Aug 15 2020 7:02 PM CDT   |   Updated Sat, Aug 15 2020 7:10 PM CDT

THQ Nordic's (aka the Embracer Group) financials hint that big games are on the way, which historically means big Deep Silver games. This could mean Dead Island 2 or Saints Row V (or both) will release in 2020, likely for next-gen PlayStation 5 and Xbox Series X consoles.

Saints Row V, Dead Island 2 may release in 2020, THQ financials hint 233 | TweakTown.com
VIEW GALLERY - 3 IMAGES

THQ Nordic's new Q2'20 financials are jam-packed with information, but one key metric stood out to me: It's forecasted earnings from completed games. This is basically how much the company expects to make from the games that will be available in or by 2020. The tremendous surge in expected earnings could telegraph what's to come from THQ Nordic.

For 2020, THQ Nordic expects to make up to 1.4 billion SEK from completed games, which represents an all-time high. It's also a substantial 123% year-over-year increase from 2019, which delivered 644 million SEK.

We know Saints Row V has been in development for quite some time, and Dead Island 2 has been in development since 2015; now it's being handled by Homefront dev Dambuster Studios.

Saints Row V, Dead Island 2 may release in 2020, THQ financials hint 3 | TweakTown.com

Read Also: THQ Nordic currently has 125 games in development, 73 are unannounced

Bear in mind that these revenues represent the entirety of Embracer's stable of developers, including its own THQ Nordic branch, Deep Silver, Coffee Stain, and Saber Interactive (which now includes 4A Games, too). But Deep Silver, the segment behind franchises like Saints Row and Dead Island, historically makes the most money for Embracer.

Saints Row V, Dead Island 2 may release in 2020, THQ financials hint 4 | TweakTown.com

In 2018, Deep Silver made up 57% of the company's total game revenues. In 2019, Deep Silver made up 62% of yearly game sales revenues, or 2.07 billion SEK. That trend could continue throughout 2020.

But it's also worth mentioning that Saber has already materially contributed to THQ's total earnings; in Q2'20, it earned 349 million SEK, or 21% of total net sales revenues.

Even still, THQ Nordic is definitely up to something and 2020 should be an exciting year for the company. In Q2'20 alone they released a bunch of titles including:

  • Saints Row: The Third Remastered
  • MotoGP 20
  • Spongebob The Battle for Bikini Bottom Re-hydrated
  • Desperados 3
  • Deep Rock Galactic
  • Huntdown
  • Satisfactory (early access Steam)
  • SnowRunner
  • World War Z Game of the Year Edition
Buy at Amazon

Dead Island Definitive Collection - PlayStation 4

TodayYesterday7 days ago30 days ago
$15.91$99.99$16.88
* Prices last scanned on 9/23/2020 at 6:38 am CDT - prices may not be accurate, click links above for the latest price. We may earn an affiliate commission.
NEWS SOURCE:mb.cision.com

Derek is absorbed with the intersection of technology and gaming, and is always looking forward to new advancements. With over six years in games journalism under his belt, Derek aims to further engage the gaming sector while taking a peek under the tech that powers it. He hopes to one day explore the stars in No Man's Sky with the magic of VR.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles