Home Menu

Site Navigation


Notices

Tech, Movies & Video Games Discuss technology, movies and video games here.

 
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old 23-01-2013, 08:49 PM #1
Scarlett. Scarlett. is offline
Senior Moment
 
Join Date: Apr 2007
Posts: 40,662

Favourites (more):
BB2023: Henry
BB7: Nikki


Scarlett. Scarlett. is offline
Senior Moment
 
Join Date: Apr 2007
Posts: 40,662

Favourites (more):
BB2023: Henry
BB7: Nikki


Default THQ auctions off assets - WWE franchise to go to 2K (Take2)?

THQ and all company assets will officially be divided up and have been sold in a Chapter 11 bankruptcy auction.

Many of the publisher's assets were already purchased through the auction, including Sega buying Company of Heroes studio Relic Games for $26 million, according to DDInvesting.

Ubisoft placed the leading bid on South Park: The Stick of Truth for $3.2 million, despite South Park Digital Studios attempting to have the game exempt from the auction. Ubisoft also purchased THQ's Montreal studio for $2.5 million, which is headed by former Assassin's Creed designer Patrice Désilets working on a game tentatively titled 1666.

Koch Media, which is the owner of Dead Island publisher Deep Silver, purchased Volition studios and their Saints Row and Red Faction franchises for $22.3 million, along with the Metro series for $5.8 million.

Crytek, which had already begun developing Homefront 2, bought the rights in full to that series for $500,000.

Finally, Take Two has bought the rights to Left 4 Dead developer Turtle Rock's upcoming game called Evolve for $11 million.

In a letter to all THQ employees, CEO Brian Farrell and president Jason Rubin said that any unclaimed assets will still be part of the publisher's Chapter 11 case and it will "make every effort to find appropriate buyers, if possible".

Unfortunately, this seems to spell bad news for Darksiders developer Vigil Games, as former employees can already be found on Twitter asking about job openings.

The Darksiders series could still be picked up by a publisher, along with other unclaimed franchises like Destroy All Humans and de Blob.


R.I.P. THQ
Scarlett. is offline   Reply With QuoteReply With Quote
 

Bookmark/share this topic

Tags
auctions, games, koch, media, sega, studios, take2, thq, ubisoft


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 09:47 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.
 

About Us ThisisBigBrother.com

"Big Brother and UK Television Forum. Est. 2001"

 

© 2023
no new posts