I think you're mistaken. Take 2 bought Evolve rather than Turtle Rock because THQ never owned Turtle Rock in the first place. They're just using studios as shorthand for the associated IPs.
No I mean I agree Relic is very valuable, but Saints Row sold huge amounts.
I thought this, too. Can anyone clear this up?
Well they likely have the requirement to get the studio to 400 people still form the Canadian government.
Well they likely have the requirement to get the studio to 400 people still form the Canadian government.
I have to imagine that returned to Games Workshop. Hopefully we'll get some info soon.
Could the Relic figure have included the Warhammer license?
The hearing confirming the sale of THQ just started.
Ubi got a (pretty) new studio in THQ Montreal, publishing rights for a game that is practically finished, and they get to make Desilets life a living hell for jumping ship. I think they won the auction.
Darksiders is a franchise with potential, but Vigil was not a good developer to pull it off, so I am not surprised that nobody is touching them especially after Joe Madureira left a while ago.
Vigil might be dead, but they didn't own the Darksiders IP, so there still is a chance that somebody picks up the IP. But then again... the sales number showed that there is not enough interest so maybe they let it die together with Vigil.
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Relic is kind of an almost immediate payoff as well, with CoH2 in closed beta, getting ready for release.I believe Relic's games were consistently profitable, they had multiple IP connected to them that showed promise, and had a history of making several great games in different genres.
Volition's best game was made 13 years ago. Admittedly it was a very good game.
I think the Figure for Relic comes from the fact that it is the only studio with a game almost ready to ship.
I think some people are mixing studios and IPs. Just because Koch Media got Volition doesn't mean they bought Saints Row as well.
It doesn't seem they did. The IPs and licenses that got sold were mentioned by name in the announcement.
I hope you are right on this.
THQ: Total proceeds of auction close to $100M Estate retaining cash on hand, accounts receivable, legacy library, to name a few
It probably didn't, but I suspect Sega will go relicense it separately.
I ain't buying it. Such a shame.South Park with UPlay
What does legacy IP mean?Apparently the THQ estate is retaining their legacy IP... wonder what will happen to all of it. There are some interesting titles left in limbo there.
The difference being Clearlake offering $10M to pay off some of THQ's debt and $50M to run the company for some time until the first wave of games (South Park, Metro, Saint's Row) would come out. That $10M figure was laughable and THQ's creditors blocked the entire operation.That $71 million figure is way closer to the original Clearlake bid than I thought it was going to be.
I really thought the final number was going to be somewhere between $100-120 million.
Apparently the THQ estate is retaining their legacy IP... wonder what will happen to all of it. There are some interesting titles left in limbo there.
Stick of Truth's credits just tripled.
Well they still have to market it, print it and distribute it. But yeah.$5.8 for Metro series? Last Light is pretty much finished, isn't it down for a March release? Instant profit for Koch Media?
Hunter ‏@DDInvesting
Yeah but I mean I think Relic is the better long-term investment. I don't think we can be sure what Saint's Row long term sales appeal is...
Why would Nintendo of all companies want 2 Austin, TX dev teams?
Well they still have to market it, print it and distribute it. But yeah.
I ain't buying it. Such a shame.
Wait... if the auction is close to $100 million, that means that there's something like $30 million missing in those figures. Unless they're being SUPER generous and rounding $70 million up.