So there was (is?) supposed to be a Saints Row 4?

[SunnyD]

Interesting. Apparently EA had bid on Volition.

It seemed odd that a low level of interest was expressed in the Volition Inc. with the 2013 release date of "Saints Row 4" approaching. According to IGN, THQ reported in November that 5 million copies of "Saints Row: The Third" had been shipped and noted that the game has continued to sell well since its 2011 release, showing promise for its fourth installment, indicating that Koch Media made a smart acquisition.
Koch Media will absorb all of Volition's 185 person staff and has toyed with the idea of changing the name to "Deep Silver Volition," said Volition's general manager Dan Cermak. Cermak is pleased with the company's situation, as Koch Media is private company, and unlike with THQ, Volition will no longer be required to meet quarterly financial goals.

Koch Media will absorb all of Volition's 185 person staff and has toyed with the idea of changing the name to "Deep Silver Volition," said Volition's general manager Dan Cermak. Cermak is pleased with the company's situation, as Koch Media is private company, and unlike with THQ, Volition will no longer be required to meet quarterly financial goals.

 

[KaOTiK]

Yup, SR4 has been in development for a little while, we just didn't know how far along they were besides a best guess of 2013 release for it.

Bethesda was the second highest bidder for Volition. IIRC they bid 22.3m while Koch bid 22.6m. Dodged a bullet there.

 

[Dankk]

Saints Row was THQ's most profitable franchise before they went bankrupt. It would make sense to develop another one.

Bethesda was the second highest bidder for Volition. IIRC they bid 22.3m while Koch bid 22.6m. Dodged a bullet there.

Agreed.