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PulseReporter > Blog > Tech > Most Leisure divests Merge Video games property to Silver Lining
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Most Leisure divests Merge Video games property to Silver Lining

Last updated: December 25, 2024 3:05 am
7 months ago
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Most Leisure divests Merge Video games property to Silver Lining
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Most Leisure introduced this week that it’s divesting a few of its property from its subsidiary, Merge Video games. Particularly, it could divest IP rights for sure video games and inventory of retail merchandise to Silver Lining Interactive, a UK-based writer owned by Merge’s founders. This divestment is about to occur as Merge Video games is within the means of merging with Most.

In line with the phrases of the deal as made public by Most, that firm will retain all rights to Smalland: Survive the Wilds, Bramble: The Mountain King, Pixelshire, Morbid: The Lords of Ire and Sunnyside. The divested property embrace 90 of Merge Video games’ titles, together with Spirit of the North (a sequel was reportedly in improvement at one level). Most receives a consideration of €1,000,000 payable at completion, which happened on Monday.

Philippe Cohen, Most Leisure CEO, stated in an announcement, “This settlement is a big step in balancing Most Leisure’s monetary place and clearing our liabilities. Just lately established by Merge’s founders, Silver Lining Interactive is the perfect associate for this sale. The deal places these divested IPs into good fingers and units them up for achievement, whereas permitting Most Leisure to focus sources on flagship titles that we’re assured will drive worth into 2025 and past.”

Merge Video games was one of many many, many studios that suffered layoffs in 2024 and introduced it was built-in with Most following the closure of its Chelford workplace (a former neighborhood supervisor stated that, throughout this course of, Merge laid off all however two of its staff).

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