Support NeoGAF

[gdt]

Does it really matter if they are both in Austin? Also they could still fuse them to have a bigger western studio. The one thing, Nintendo certainly is lacking in is western games / studios and seeing that noone wants to develop games for Wii U they could well use another studio that at least somewhat fits their style of game development - and has experience with developing for Wii U.

Better to just wait till the studio dies and snatch up the talent. They aren't interested in the Darksiders IP anyway.

 

[Tizoc]

Hold up SEGA bought Relic for 26 mil? Is that wise considering their current financial situation?

 

[XANDER CAGE]

HOLY SHIT on that Volition price. Koch must sell drugs

Koch dealer?

 

[Ridley327]

Kotaku has a list with runner ups. Bethesda was the other party interested in Relic.

http://kotaku.com/5978425/thq-is-getting-sold-off-today++heres-everything-we-know

Holy shit, Relic dodged a bullet there.

Praise Sega!

 

[Vilam]

What does legacy IP mean?

All of their IP that isn't in active / recent development. Stuff like Destroy All Humans, DeBlob, etc.

 

[Data West]

Volition, Inc.

Maker of Saints Row
Winning bidder: Koch Media, $22,312,925.
Runner-up: Ubisoft, $5.4 million.

why so small ubi?

They got Watch Dogs coming out. Probably fills the same niche.

 

[ape2man]

Everything will end up somewhere. Vultures can come in and pick the carcass dry for cheap.

Lets start a kickstarter to buy a few awesome properties.

 

[Neuromancer]

They did well with Dead Island I feel. New IP and all.

I agree. Good on them I say, they're working their way up.

 

[Ceebs]

Shocked and not at the same time that Relic ended up being the most valuable part of THQ.

 

[Banana Kid]

Kotaku has a list with runner ups. Bethesda was the other party interested in Relic.

http://kotaku.com/5978425/thq-is-getting-sold-off-today++heres-everything-we-know

Weren't EA and Warner supposedly interested in picking something up? Neither name shows up here.

I dunno if Koch is a better home for Volition than Ubisoft would be, but as long as they still exist, things will be okay.

 

[Tiktaalik]

Yeah, I was thinking that as well.

Publishers must be worried Saints Row won't sustain, while they did not have that fear of Relic even if their games sell much less.

Good point. We're about to make the leap across generations which is the most dangerous time for an IP and studio. It makes sense that this is a risky time to be holding onto a console team that is just ramping up on new tech.

Relic, as a long established PC dev doesn't have this problem.

 

[Nirolak]

Kotaku has a list with runner ups. Bethesda was the other party interested in Relic.

http://kotaku.com/5978425/thq-is-getting-sold-off-today++heres-everything-we-know

Well, there could have been more, but lower down the bid chain.

 

[YuriLowell]

Double Fine should use some of that money and pickup Vigil.

 

[Mavromatis]

So according the numbers on the recent tweets THQ got 100 million dollars from these sales.
They sold 56.8 million dollars worth PC game last fiscal year.

 

[Azih]

Volition, Inc.

Maker of Saints Row
Winning bidder: Koch Media, $22,312,925.
Runner-up: Ubisoft, $5.4 million.

why so small ubi?

Couldn't Koch have just bid 6 million? Was it a closed auction type deal?

*Koch writes 22.3 million and places it face down*

Everyone turns their bid over.

*Everyone's eyes go wide*

Koch: I've made a huge mistake.

 

[rdrr gnr]

I'm glad Patrice's game is alive.

 

[GK86]

Relic was almost doomed. Thank you, Sega.

 

[samus4ever]

I kind of wish Crytek would of bought vigil. Could you imagine Darksiders 3 in cryengine 3/4?

 

[Neuromancer]

All of their IP that isn't in active / recent development. Stuff like Destroy All Humans, DeBlob, etc.

I see, thanks.

 

[HoosTrax]

Winning bidder: Koch Media, $22,312,925.

I'm going to assume this is the result of a currency conversion from Euros to Dollars, and not the result of some sort of neurosis on the part of Koch.

Couldn't Koch have just bid 6 million? Was it a closed auction type deal?

*Koch writes 22.3 million and places it face down*

Everyone turns their bid over.

*Everyone's eyes go wide*

Koch: I've made a huge mistake.

LOL!

 

[Visualante2]

Geez, those prices.

Crytek got a bargain at half a million for a game they were already developing anyways. And I love SEGA opening up the checkbook. Relic is fucking worth it.

Yeah I don't know about that. Homefront is kind of a tainted brand. Koch Media sure did come out of nowhere, hope they're not writing cheques they can't cash.

Double Fine should use some of that money and pickup Vigil.

They still have to pay the devs and they probably don't have a game very far in production. It's an expensive investment, that might lead to nothing.

 

[Almighty]

Kotaku has a list with runner ups. Bethesda was the other party interested in Relic.

http://kotaku.com/5978425/thq-is-getting-sold-off-today++heres-everything-we-know

Oh thank fuck Sega won that. I mean Bethesda is better then EA or Ubisoft in my book, but there is no chance Relic would remain a PC exclusive RTS developer under Bethesda.

Still I laugh that the bidding was was with Bethesda and not EA like I assumed.

 

[Kusagari]

Volition, Inc.

Maker of Saints Row
Winning bidder: Koch Media, $22,312,925.
Runner-up: Ubisoft, $5.4 million.

why so small ubi?

Guess EA wasn't interested at all.

 

[Mushroomer25]

Weren't EA and Warner supposedly interested in picking something up? Neither name shows up here.

I dunno if Koch is a better home for Volition than Ubisoft would be, but as long as they still exist, things will be okay.

Rumor has it EA picked up WWE.

 

[AlphaTwo00]

Lets start a kickstarter to buy a few awesome properties.

$0.50 from me for Ping Pals.

 

[Totobeni]

Volition, Inc.

Maker of Saints Row
Winning bidder: Koch Media, $22,312,925.
Runner-up: Ubisoft, $5.4 million.

why so small ubi?

we dodged a bullet there.

I'm so glad that Ubi didn't put their hand on Volition.

 

[Shao Kahn Brewing a Stew]

Very surprised at Warner Bros. no-show.

 

[BraXzy]

EDIT

Couldn't Koch have just bid 6 million? Was it a closed auction type deal?

*Koch writes 22.3 million and places it face down*

Everyone turns their bid over.

*Everyone's eyes go wide*

Koch: I've made a huge mistake.

Hahaha!

Makers of Company of Heroes
Winning bidder: Sega, $26.6 million.
Runner-up: Zenimax Media, $26.3 million.

Pretty close!

 

[Matt]

Take 2 agreed to purchase Evolve and...

and what?

Also what is Evolve?

Nothing, just Evolve (Turtle Rock's new game). The "and" just means go to the next line.

 

[Shard]

EA and Warner are probably waiting for the legacy IP to go up for even cheaper rates.

 

[TriniTrin]

Does this mean i can buy the Darksiders IP for $3.50?

I am excited to see what Relic and Sega can do together!

 

[Neuromancer]

I like to think someone high up at Koch just really loves Saints Row, and said 'fuck it, we're going all in'

 

[SteveWinwood]

I'm still amazed WB didn't pick something up just to get it.

Actually they wouldn't have been a bad fit for Vigil...

 

[Biggzy]

Geez, those prices.

Crytek got a bargain at half a million for a game they were already developing anyways. And I love SEGA opening up the checkbook. Relic is fucking worth it.

500k to own the IP of a game you are already developing, smells like a bargain to me.

Koch media looks like they paid too much for Volition judging by the runner-up price.

 

[Nokterian]

I am still glad that a lot of studios are in a good place. No EA nor Activision hallelujah.

 

[Data West]

I want another game that plays like Space Marine.

I need a visual of Patrice coming into the Assassin's Creed studios. Staring at AC3 and just saying 'Alright, what did you fuckers do?'

 

[Violater]

Crazy, I thought the Darksiders IP has a lot of potential.

 

[rdrr gnr]

I'm surprised at the Volition numbers.

 

[Dice]

Kotch Media nabbing Volition could be good for PC gamers.

 

[Mushroomer25]

Yeah I don't know about that. Homefront is kind of a tainted brand.

Considering Crytek was developing Homefront 2 at some point, I imagine they're just looking to finish that project out. Who knows, maybe they managed to make it interesting without telling anyone.

 

[Nirolak]

Hold up SEGA bought Relic for 26 mil? Is that wise considering their current financial situation?

Their cash reserves are now down from $2.06 billion to $2.04 billion.

 

[criesofthepast]

Oh man I'm glad Relic went to Sega and not Zenimax. Close call.

 

[ape2man]

Who bought Saints Row the license not the developer.

 

[Vulcano's assistant]

Is it me, or this is the biggest non-E3 news day in years?

 

[rankor]

Evolve

(title in development at Turtle Rock Studios)
Winning bidder: Take-Two Interactive, $10.894 million.
Runner-up: Turtle Rock Studios, $250,000.

So that means there wasn't a $500k minimum bet ?
And... uh, they wanted to buy themselfs ?

 

[dionysus]

Purchase price will be discounted by the time value of the money required to run the studio.

That is probably why Relic with a game ready to be released goes for more than Volition. To extract money from purchasing Volition you have to buy the studio plus payroll of the entire studio until a game comes out.

 

[Nirolak]

I assume Underdog is Volition Montreal's game?

 

[Moertel]

Is it irony that the proceeds of the auction are presumably pretty close to the 100 million THQ lost with uDraw?

 

[fizzelopeguss]

I have to imagine that returned to Games Workshop. Hopefully we'll get some info soon.

I sincerely doubt SEGA bought into the Warhammer:FB license recently only to just stumble mysteriously into purchasing relic. They've probably been looking to acquire relic for quite a while now. It feels like SEGA's being doing some serious long term planning and thinking.

 

[ultron87]

Evolve
(title in development at Turtle Rock Studios)
Winning bidder: Take-Two Interactive, $10.894 million.
Runner-up: Turtle Rock Studios, $250,000.

That's kind of cool that they tried to buy their own game.