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Report: Sega purchases Relic during THQ auction

Update: A letter from THQ CEO Brian Farrell and president Jason Rubin to their employees appears to corroborate the below information, as well as provide further details regarding the results of the auction. Sega may be the proud new owner of Relic Entertainment, based on initial signs coming out ...

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South Park Studios battles THQ over potential sale of The Stick of Truth

On January 18, South Park Digital Studios filed a preliminary objection to THQ's proposed sale of South Park: The Stick of Truth. THQ and South Park Studios entered into a Deal Memo, granting THQ use of certain South Park trademarks and copyrights, on June 29, 2011. THQ filed for Chapter 11 bankrup...

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Judge denies THQ's plan for a quick sale as Warner Bros., others show interest

Earlier this week, the various organizations to which THQ owes giant piles of money filed an objection, claiming that the developer/publisher's bankruptcy plan for a quick sale to Clearlake Capital Group was designed to minimize harm to its staff and leadership, rather than maximize its ability to ...

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Creditors, Trustee object to THQ sale conditions

Back when THQ filed for Chapter 11 bankruptcy last month, the plan was for the developer/publisher would be sold to Clearlake Capital Group in one big chunk within 30 days, preventing the need for layoffs and avoiding the need to split THQ's various franchises up and sell them a la carte. While thi...

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London Games Festival exhibition art being auctioned for charity

Organizers of The London Games Festival's large exhibition of video game-related art, which concluded in October, are going to auction off all of the pieces on display for charity's sake. There are over 100 works going out, covering games like Batman: Arkham City, Fable 3, and Dishonored. All of th...

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Complete Air Raid fetches over $33k, priciest Atari 2600 sale ever

The world's only complete, in-box copy of Air Raid was auctioned yesterday for $33,433.30, the highest ever sale for an Atari 2600 game. The figure is nearly two grand more than the previous record held by the same game, which went for $31,600 in 2010. This copy is worth more because it also includ...

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ESA raises $800K for charity at 'Nite to Unite' event

The Entertainment Software Association held its 15th annual "A Nite to Unite - For Kids" event in San Francisco last week, and we'd like to congratulate the ESA on raising over $800,000 at the event through the dinner, silent auction, and casino festivities. That money will go to the ESAF, a charit...

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Rhode Island can't auction off 38 Studios' Xbox dev kits, says Microsoft

Microsoft is requesting Rhode Island return the Xbox developer kits the state is attempting to sell at auction to recoup losses from the defaulted multi-million dollar loan to shuttered 38 Studios. In the listing of items up for bid October 23, the firm hired to facilitate the auction lists "Gaming...

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Another used games retailer in Florida is selling their business on eBay

Remember a couple weeks ago, when Shane Butcher tried to sell his entire material life on eBay, including the chain of games resale shops he owns? Well, it turns out no one took him up on his $3.5 million "American dream," but that hasn't stopped the owner of a competing chain of Florida resale sho...

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Blizzard auctions off old server hardware for charity

You can't actually own a piece of Azeroth, because the virtual World of Warcraft doesn't exist -- sorry, ThrallFan6969, it's true. But this is probably your closest chance to the fake thing: Blizzard is auctioning off a group of hardware server blades that were used to run the popular MMO in the ...

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