Payday 3 developer Starbreeze has signed a €50 million (nearly $60 million) publishing deal with Koch Media for the game. Starbreeze remains the owner of the Payday intellectual property.
Starbreeze says Payday 3 will now arrive in 2023 for both PC and console, and it plans to use the investment to pay for the development and marketing of the base game in addition to 18 months of post-launch content.
Starbreeze nearly went out of business in 2019, after the spectacular failure of Overkill's The Walking Dead, which brought about the ouster of then-CEO Bo Andersson, and allegations of insider trading. A series of administrative re-organizing moves, layoffs, and publishing rights sales appears to have helped the developer pull itself out of the tail spin.
"We now have a strong foundation for a successful launch of Payday 3," says new acting CEO Tobias Sjögren.
Payday 2 was originally developed by Overkill Software, which Starbreeze acquired in 2012.