THQ Auctioning Off Assets Today

Seeing as Konami has published TWO wrestling games for Yukes.....

I say Konami buys the WWE license & partner ups with Yukes again.

THQ is officially dead.

THQ, the North American video game publisher and developer established in 1989, has officially been split up and sold to the highest bidder.
It’s been a long time coming, but the bittersweet day is finally here. After numerous reports of financial issues and an eventual filing for Chapter 11 bankruptcy, all THQ assets have been broken up and sold.
The private auction took place today, and while many interested parties did their best to gather information through social media, the results of which developer went to what publisher are still unknown. What we do know, however, is that it’s all over.

@thq auction is over. Clearlake is out. Assets broken up to individual bidders.
— Tim Lewinson (@VancouverTim) January 23, 2013

Lewinson, a Senior Producer at Finger Food Studios, continued by letting people know that the judge is set to finalize everything by 4 p.m.

Current Rumours:

- SEGA bought Relic and CoH, might also get Warhammer 40k
- Crytek bought Homefront for $500k lol
- Ubisoft has the publishing rights for South Park
- Koch Media (aka Deep Silver) bought the new CryEngine 3 shooter from Turtle Rock (Left 4 Dead devs) and was also looking to buy Volition. They most likely didn't.
 

As I tweeted last week, WWE series not involved in THQ auction. Both had get-out clause in case other was in serious financial difficulty.

Rasslin' games related news nugget: apparently WWE has a get out clause in its contract which means it, and not THQ, gets to decide on…

… who picks up the series' rights. Word is it's already in "close" negotiations with one publisher in particular. Deal could be "imminent".

While most want EA to pick up WWE, it'd surely move it in-house. Personally would prefer someone who'd keep Yuke's on. Ubi/Warner/Square?!

@RubberDuck1986 Possibly, but it'll be a long process. New engine (at EA, say) would require at last 2-3 years to fine tune and get right.

There are a couple other tweets on his wall, one stating that apparently the WWE has a 'pull out' clause in their contract with THQ. So, if this is to be believed, they can simply take the license back due to THQ's current financial situation. Ben Wilson is an editor for Playstation Magazine UK.  Also, an employee of Relic tweeted that he now worked for Sega, I'll see if I can find the tweet. Kyle Berndt of Relic, had this to say on his twitter account. 

  Follow

Kyle Berndt‏@kyleberndt

I now work for Sega. Neat.

Edited by THEE CHUCKNASTY ™, 23 January 2013 - 09:22 PM.

Does this mean no WWE 14??

Updated, and most likely not. THQ, as a company, is done. It was bought off piece by piece, and as far as (lets say EA took it), EA likes to do things in house if they're not buying a developer. 

Edited by THEE CHUCKNASTY ™, 23 January 2013 - 09:23 PM.

With the demise of THQ now official, we're starting to learn more about who paid what for each of the publisher's franchises and developers.

Here are the numbers being reported from Distressed Debt Investing, who is overseeing the THQ auction:

• Homefront: $500,000 (Crytek)
• Metro: $5.8 million (Koch Media)
• South Park: $3.2 million (Ubisoft)
• Relic: $26 million (Sega)
• THQ Montreal: $2.5 million (Ubisoft)
• Evolve: $11 million (Take Two)
• Volition: $22.3 million (Koch Media)

Here's what the runner-up bids were for these properties and studios:

• Homefront: No runner-up
• Metro: $5.175 million (Ubisoft)
• South Park: No runner-up
• Relic: $26.3 million (Zenimax Media)
• THQ Montreal: No runner-up
• Evolve: $250,000 (Turtle Rock Studios)
• Volition: $5.4 million (Ubisoft)

http://www.gameinfor...ion-prices.aspx

so it seems EA is working on a WWE Agreement 

http://www.newgamene...ranchises-sold/

So EA is tryng to buy WWE? Hmmm....

Ubisoft tried to buy Saints Row? Glad that didn't happen.

well lots of things can happen tbh, WWE can pull out and just say no or they can come to an agreement with EA but who know's i mean this EA Rumor started a week ago with people saying EA were going to pick WWE Game License so who knows 

Well THQ may have officially disolved today but at least we know for sure that work is already going on for the WWE 14 game which is the main thing to most of us here. The only question now is who would be the best to get the WWE license?

At this point I really don't care anymore, for all I care Acclaim can come up from the grave & buy WWE back 

Well THQ may have officially disolved today but at least we know for sure that work is already going on for the WWE 14 game which is the main thing to most of us here. The only question now is who would be the best to get the WWE license?

I really hope they still go through with it.

Looks like WWE Games may have a new home! 

http://www.ign.com/a...edfc2245c00007f

WWE Games...part of 2K Games? We'll see...

Edited by Mercurius, 23 January 2013 - 11:57 PM.

@WWEGames

"We don't have any details to share yet, but there WILL continue to be WWE Games. Stay tuned for more information and some exciting news!"