
Maximum Entertainment announced this week that it is divesting some of its assets from its subsidiary, Combining Games. Specifically, it will transfer the IP rights for some games and stock retail products to Silver Lining Interactive, a UK-based publisher owned by the founders of Merge. This divestment is set to take place while Merge Games is in the process of merging with Maximum.
According to the terms of the deal made public by Maximum, that company will retain all rights to Smalland: Survive the Wilds, Bramble: The Mountain King, Pixelshire, Morbid: The Lords of Ire and Sunnyside. The divested assets include 90 of Merge Games’ titles, including Spirit of the North (a sequel was reportedly in development at one point). The maximum will receive a consideration of €1,000,000 to be paid upon completion, which took place on Monday.
Philippe Cohen, CEO of Maximum Entertainment, said in a statement, “This agreement is an important step in balancing the financial position of Maximum Entertainment and removing our debts. Recently established by the founders of Merge, Silver Lining Interactive is the ideal partner for this sale. The deal puts these divested IPs in good hands and sets them up for success, while allowing Maximum Entertainment to focus resources on principal titles that we are confident will bring value in 2025 and beyond.
Merge Games was one of the many, many studios that suffered layoffs in 2024 and announced that it was being merged with Maximum following. the closure of his Chelford office (a former community manager said that, during this process, Merge fired all but two of its employees).
Source link