THQ Goes down

[Cymicaldane]

They owed WWE 45 million $ :-O

 

[funkdocdamc]

THQ Dissolved, Saints Row, Company of Heroes, Darksiders Devs Acquired

Koch Media, Take-Two, Ubisoft and SEGA acquire Saints Row and more.

by Andrew Goldfarb

January 23, 2013



Following THQ’s auction of its assets, the new homes of THQ franchises are slowly being revealed. According to multiple IGN sources as well as reports circulating on Twitter, Koch Media, Take-Two, Ubisoft and SEGA are among the new owners of THQ’s intellectual property and studios.

It's worth noting that all of these sales are pending approval from U.S. bankruptcy court and nothing is finalized yet. A hearing is currently underway in Delaware.

SEGA has reportedly acquired Relic, developer of Company of Heroes and Warhammer 40,000: Dawn of War.

Koch Media (owner of Dead Island publisher Deep Silver) has reportedly agreed to purchase Saints Row developer Volition as well as the publishing rights to the Metro franchise.

Crytek, who is currently developing Homefront 2, has reportedly purchased the rights to the Homefront franchise.

Take-Two (parent company of 2K and Rockstar) has reportedly agreed to purchase Darksiders studio Vigil as well as Turtle Rock Studios’ project codenamed Evolve.

Ubisoft has reportedly purchased the rights to publish South Park: The Stick of Truth (pending any further objections from South Park Studios) as well as THQ Montreal, the current developer of Assassin’s Creed creator Patrice Desilets’ project codenamed 1666.

Many THQ employees, meanwhile, have reportedly lost their jobs based on early reports on Twitter.

We’ve reached out to all parties and will continue to update this story with comments and confirmation we receive.
http://www.ign.com/articles/2013/01...devs-acquired?abthid=5100456902d45ac22f000087

 

[genocidecutter]

So no news on the wwe license

 

[focus]

So no news on the wwe license

2K got the WWE license. Best thing that could've happened.
http://www.ign.com/articles/2013/01/23/wwe-video-game-license-to-be-acquired-by-take-two

 

[focus]

Here is a list of the winning bidders, the winning bid amounts, and the backup bidder (if any) for the assets sold during THQ's bankruptcy auction. The blog Distressed Debt Investing, which had been following the proceedings in person for some time, said no bids were made for Vigil Games, makers of the Darksiders series. While Take Two was initially rumored to have acquired Darksiders publisher Vigil, it has since been revealed that this isn't the case.

Relic Entertainment

Makers of Company of Heroes

Winning bidder: Sega, $26.6 million.

Backup: Bethesda, $26.3 million.

THQ Montreal

Makers of 1666 and Underdog, titles under development.

Winning bidder: Ubisoft, $2.5 million. No runner-up.

Evolve

(title in development at Turtle Rock Studios)

Winning bidder: Take-Two Interactive, $10.894 million.

Backup: Turtle Rock Studios, $250,000.

Volition, Inc.

Maker of Saints Row

Winning bidder: Koch Media, $22,312,925.

Backup: Ubisoft, $5.4 million.

Homefront

Released 2011; due for a sequel.

Winning bidder: Crytek. $544,218.

Metro

Series; due for the sequel Metro: Last Light.

Winning Bidder: Koch Media, $5,877,551

Backup: Ubisoft: $5.175 million.

South Park

License; South Park: The Stick of Truth is due for release March 5.

Winning bidder: Ubisoft, $3,265,306

 

[funkdocdamc]

Damn, Homefront didn't sell for shit.

 

[RawAce]

rofl @ that crazy overbid on Volition

were they betting blindly?

they paid 4x as much as Ubisoft was offering

 

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