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Posts tagged thq-bankruptcy

THQ sues EA, UFC: EA fed inside info to UFC owner, THQ says

THQ has sued EA and UFC parent company Zuffa, claiming EA intentionally damaged THQ's relationship with Zuffa to broker a deal of its own for the UFC license. THQ claims EA used inside knowledge about its financial situation to commit "tortious interference" with its contract, and THQ is seeking to...

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THQ receives approval to liquidate

Never forget that Death was THQ's final protagonist. Late yesterday, the US bankruptcy court in Delaware approved the liquidation of Toy Head Quarters (THQ). Unless you're a creditor seeking some kind of back-pay or compensation, this is likely the last you'll hear about THQ. As Bloomberg...

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Interplay retrieves Freespace IP from THQ for $7,500

Freespace, the interstellar combat series developed by Volition and published by Interplay, is now back in Interplay's library, fully and officially, following a stint at THQ. Interplay paid $7,500 to snag the Freespace rights in a THQ bankruptcy sale this month. THQ was bound to find some...

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Double Fine wants to win back Stacking, Costume Quest rights

Double Fine wants to tie up all of the loose ends within its catalog and is seeking the distribution rights to its games formerly published by THQ, Stacking and Costume Quest. Nordic Games picked up the distribution rights to these games during THQ's bankruptcy auction in April, though Double Fine...

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Ubisoft fired another THQ Montreal veteran yesterday, Desilets says

Ubisoft fired original Assassin's Creed creative director Patrice Desilets yesterday, after his rocky transition from Ubisoft, to THQ Montreal and back to Ubisoft. One of his colleagues, Jean-François Boivin, was also fired yesterday, Desilets tweeted. Boivin traveled from Ubisoft to THQ...

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Nordic Games involved with THQ since January, is talking sequels

Nordic Games picked up most of the IPs in THQ's back catalog auction, dishing out $4.9 million for Darksiders, Red Faction, MX vs ATV, Titan Quest and a slew of unannounced games from THQ's long list of for-sale properties. Nordic was a surprise to some, especially next to Gearbox, which picked up...

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THQ auction results: Nordic Games takes Darksiders, Red Faction; 505 Games is Drawn to Life

The THQ back catalog auction results are in, with Nordic Games riding away with the intellectual property (IP) rights to Darksiders, Red Faction and MX vs. ATV for $4.9 million. The company picked up nearly all the assets in the auction, including Titan Quest, Supreme Commander, Frontlines,...

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Homeworld intellectual property purchased by Gearbox Software

Gearbox Software, best known for the Borderlands series, has purchased the rights to the Homeworld intellectual property during the recent THQ back catalog auction round. Gearbox Chief Creative Officer Brian Martel has "great love and respect for Relic's brilliant, fun and innovative game and...

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THQ owed WWE $7.6 million, disclosure statement reveals

A recent disclosure statement filed by THQ revealed details of the terms the publisher came to with the WWE and series developer Yuke's when the publisher folded. At the time of THQ's bankruptcy filing in December 2012, it owed approximately $7.6 million to WWE for marketing and royalties expenses,...

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Final THQ auction raised $6-7 million, details expected Monday afternoon

A recent disclosure statement on defunct publisher THQ notes the back catalog auction round for the company's intellectual properties (IP) received 17 final bids and is expected to generate $6 million to $7 million. "The final news will be out Monday afternoon," a person with knowledge of the...

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