[Update] Publisher Deep Silver has released a press release concerning the publishing deal with Ys Net:

　　“Shenmue is one of a few game franchises that have historical value whilst continuing to ignite passion across gamers. We are delighted to have signed this publishing partnership and look forward to utilizing our global publishing network to maximize the potential of this highly anticipated game,” said Dr. Klemens Kundratitz, CEO of Koch Media/Deep Silver.

　　Yu Suzuki, the director of Shenmue III and CEO of Ys Net added, “I am very pleased to secure this global partnership with Deep Silver, which is comprised of incredible men and women who have a deep passion for bringing Japanese titles to the rest of the world. Throughout this process, Deep Silver has expressed a deep passion for Japanese games, the Shenmue franchise and its fans—this gives me further confidence in Shenmue III and that we have found the best partner possible.”

　　“We are very excited for the continuation of Ryo Hazuki’s journey in Shenmue III, and are confident the game will deliver the story and gameplay PlayStation fans have been waiting for,” said Florian Hunziker, Vice President of PlayStation’s Third Party Relations & Developer Technology Group. “The global partnership between Ys Net and Deep Silver will help realize Yu Suzuki’s vision for Shenmue III—we are thrilled to see his spirit of innovation materialize on PS4.”

　　[Original story] Publisher of the Metro and Dead Island series, Deep Silver, will be globally publishing the upcoming Shenmue III from developer Ys Net.

　　The news was announced on the official website of the Shenmue III project. “Game fans may already be familiar with Deep Silver, as they are a trusted brand who has helped many Japanese game titles find their audiences around the world”, Ys Net wrote. “We are proud to have gained a wonderfully reliable partner to make sure Shenmue III reaches all its fans all over the planet.”

　　A full press release will be released later today, and as always, we will keep you updated.

　　Ys Net, helmed by Shenmue creator Yu Suzuki, announced his Shenmue III project back in June of 2015. The game, funded through a Kickstarter crowdfunding campaign, is scheduled for a release on both PC and PS4 in 2018.