Generally any license will revert to the owner in the case of a bankruptcy, and they can inherently do whatever they like with it at that point since they own the license.
Maybe Creative Assembly can get a fourth team going!
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THQ's bankruptcy sale details: Auction on January 22nd, Will Allow Piecemeal Purchase
- Thread starter Nirolak
- Start date
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Generally any license will revert to the owner in the case of a bankruptcy, and they can inherently do whatever they like with it at that point since they own the license.
Maybe Creative Assembly can get a fourth team going!
THQ is already effectively dead.
AlphaTwo00
Member
I've got $50 ready to bid on deBlob.
Microsoft bought Hydro Thunder, too.
Well at this point, it will presumably be back room deals and rumors, but on the 22nd everything will be publicly announced.
Ah right. Forgot about that one.
The Elite
BOSS
So this isn't simply reverting back to WWE?
BrokenEchelon
Banned
Warhammer in their hands would be interesting for sure, but then again Sega owns them, and they seem like they're in line somewhere behind THQ to the grave.
So what does this mean for the titles that are currently in production like Saints Row 4, Metro, and Company of Heroes 2?
slightconfuse
Banned
Please let Warner buy volition and relic.
Sega actually just licensed Warhammer Fantasy for Creative Assembly: http://www.joystiq.com/2012/12/06/creative-assembly-gets-warhammer-license-in-multi-title-deal-fi/
storybook77
Member
I swear to god if EA buys Relic and has them churn out Command and Conquer games only to kill them later, I will RAGE!
lunchwithyuzo
Banned
lol, no. Though it would be a good time to expand Retro with a recruitment drive.
Deadly Cyclone
Pride of Iowa State
BrokenEchelon
Banned
I also hope they sell the Red Faction IP to someone who reboots it. Lots of potential there.
thehypocrite
Member
Can we get a play by play of the auction? I'll get the pop corn ready.
HamPster PamPster
Member
I call dibs on the Sphinx and the Cursed Mummy IP
CaptainZombie
Member
I don't think they could either. Granted it has taken Yukes this long to make a respectable WWE game and now in 2013 there probably won't be a WWE game unless its Yukes at the helm and we will be starting all over again with feature sets. Not fun.
Someone could buy all their assets if they bid high enough, but that will be much harder now that the questionable barriers were removed and companies can bid on whatever assets they want for a potentially large sum.
I mean, EA and Warner aren't exactly push overs in an auction.
I mean for the plan that would have kept old THQ's studios operating. Will the isolated buyers even want to let the studios finish the products they are working on or will they just gut them and create their own teams to work on the IPs at some undetermined future date?
I guess the only thing we can do now is pray each IP ends up with a well-fitting home.
Vigil,Relic, Volition, Montreal's announced project and whatever Turtle Rock is working on would be up for grabs too.
Would this piecemeal sale effect anything that is on its way out soon (South Park,Metro)? I'm just wondering if we will see any delays or box art changes on upcoming releases or all profits from these games will go somewhere else.
Vigil,Relic, Volition, Montreal's announced project and whatever Turtle Rock is working on would be up for grabs too.
Would this piecemeal sale effect anything that is on its way out soon (South Park,Metro)? I'm just wondering if we will see any delays or box art changes on upcoming releases or all profits from these games will go somewhere else.
The Elite
BOSS
Curious to see how quickly this process happens. Does it take place over a number of days or will we know where the various IPs end up fairly quickly?
I assume the licenses like WWE and Warhammer will revert on that day as well. Where WWE ends up will be big news. Gonna miss that THQuality.
I agree, I wish Nintendo & M$ jump on this..
Generally speaking THQ's remaining developers are extremely well regarded in the industry, so publishers would almost assuredly want most of the studios.
I would think it would be same day, but I could be wrong.
That one is probably like 5 bucks.
What I am interested in is if MS or Sony might be interested in some of THQ's stuff.
The Elite
BOSS
GAF should pool their money together.
Yeah.
As an unproven studio with a large hiring commitment, it's probably the most tenuous studio, but it's also in Montreal, which helps it a lot.
Deadly Monk
Banned
Is Devil's Third the name owned by THQ?
I would not make general statements like this regarding bancruptcy law and IP law. Very confusing and complex thematic. Exclusive, irrevocable licenses for example may be handled very differently.
If I remember correctly Devil's Third was part of their partners program so they own nothing of that. I think they already stopped funding that.
Fragamemnon
Member
Having a sinking feeling that the "bad" ending for Freespace 2 is going to be very apropos for Volition soon. Alpha One doesn't look like he's making it home this time (proverbially speaking).
TheVoidDragon
Member
I'm just hoping EA or Acitivision doesn't end up with Relic and Homeworld/Company of Heroes or Metro. I like Red Faction and Saints Row as well but i don't think it would be quite as easy to ruin those.
Haunted
Member
Title by title? This is going to be like those draft days you guys have in the US.
Interfectum
Member
Step 1: EA buys Relic
Step 2: sadness
Step 3: EA turns Company of Heroes 2 into a F2P Facebook game
Step 4: depression
Step 2: sadness
Step 3: EA turns Company of Heroes 2 into a F2P Facebook game
Step 4: depression
Ken Masters
Banned
EA, please buy WWE license and give us a wrestling game not running on ps2 engine
Was the split with Ubisoft on good terms? If yes, than I wouldn't be surprised if Patrice and his team goes back there. Square Enix or Warner would be another possibility.
They'll do worse, I could see them releasing the same game every year like they do Madden.
Interfectum
Member
Those studios would be completely wasted on Nintendo hardware.
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