Boxden hiphop sports wild'ish games movies news eyecandy tech gear rides
trending now popular now #top20 top yesterday all sections videos pics tracks headlines

Take-Two takes THQ's WWE wrestling licence

most watched this minute | see more
most viewed right now
235 viewing
 NBA 2K15 will be $10 on Amazon if James Harden + John Wall..
107 comments
most viewed right now
117 viewing
 Image inside Nick Cannon lost?  
14 comments

top in section
11 viewing
Video inside If You Don't Like Or Play "HARD GAMES" You're A Casual?
top in games
top in section
34 viewing
 Video inside miracles? :you be the judge:
top in wild'ish

people viewing this topic:   (0 members and 1 guests)  
 
 

let em know Share this on TwitterShare this on Facebook
 Take-Two takes THQ's WWE wrestling licence
Unread 02-15-2013, 07:29 PMJoined Oct 2011 - away - #1
722 pageviews
4 comments


mystic boy 260 heat pts260 space
avatar space
Mobile Suit
space
$4,692 | POWERFUL
Rockstar's parent company Take-Two has wrestled the WWE licence from now bankrupt publisher THQ.

The games will continue to be made by Japanese developer Yuke's, which has done so since 2000. A number of THQ employees who worked on the franchise will also be re-employed by Take-Two.

WWE and Yuke's were claiming millions of dollars in losses from THQ because of THQ's predicament. Bloomberg reported that the claims, combined, "would exceed $30 million and might exceed $60 million".

Take-Two muscling in will reduce those claims. Take-Two's lawyers said in court that "by working together to transition development of WWE games going forward the parties have minimised the harm to WWE and Yuke's, which have, in turn, agreed to substantial reductions of their claims".

WWE was owed $45 million in pre-bankruptcy claims. It was also owed the annual $7.5 million royalty fee for developing the series, an agreement THQ had signed for until 2017.

Yuke's was owed $15-20 million. THQ has agreed to pay $4.75 million, including the return of shares in the company.

Rights to the majority of THQ's series were auctioned off last month. Sega bought Company of Heroes developer Relic Entertainment, Ubisoft bought South Park: The Stick of Truth and studio THQ Montreal, Koch Media bought Saints Row and its developer Volition, while Crytek bought Homefront.

The latest game in the WWE series is WWE '13, released last November. This year's instalment has yet to be announced but is a fairly safe bet.
Take-Two takes THQ's WWE wrestling licence • News • Eurogamer.net

Whoever posted the video of "what if Rockstar got the WWE licence" more or less called it. Can't wait to see how this pans out.
Reply With Quote
The Following BX resident gave props to mystic boy (Sent To 9,523 Subscribers)  HOT TOPIC  (02-15-2013)

4 comments for "Take-Two takes THQ's WWE wrestling licence"

- To post a comment, join the squad -


Unread 02-15-2013, 08:06 PMJoined Dec 2008 - away - #2
LaRy BLanco 476 heat pts476 space
avatar space
XBL/PSN/STM - LaRy BLanco
space
$37,218 | POWERFUL
Originally Posted by Troubleman1990


They saying fu*k you EA you ain't getting it,
wait till the NFL license is free again, they really gon burry those bi*ch a.sses
fu*k EA SPORTS
Reply With Quote
Unread 02-15-2013, 08:39 PMJoined Feb 2005 - away - #3
Krazie 98 heat pts98 space
avatar space
NFC West Chumps
space
$30,687 | POWERFUL
Wasn't this announced like 2 weeks ago?
Reply With Quote
Unread 02-15-2013, 09:39 PMJoined Feb 2011 - away - #4
NiMaD 1 heat pts space
avatar space
Senior Member
space
$1,334 | 4160698
Originally Posted by Krazie
Wasn't this announced like 2 weeks ago?
Europe link . Everything happens in Europe mad late
Reply With Quote
 

Home > all sections > BX GameSpot
  
    
          join bx


 




that hot ish yesterday


most viewed right now
262 viewing
Article inside 42 ADMITTED False Flag Attacks  
78 comments
@wild'ish
most viewed right now
35 viewing
Video inside What made you laugh the hardest in your entire life?
145 comments
@movies
most viewed right now
32 viewing
Image inside what must I say, what must I do.....  
40 comments
@eyecandy
most viewed right now
30 viewing
Video inside What is Iggy trying to say Translated  
69 comments
@hiphop
most viewed right now
29 viewing
Video inside SMACK/URL Rookies vs Vets [DISCUSSION THREAD/UPDATES]
617 comments
@hiphop
most viewed right now
21 viewing
Article inside How Much Do WWE Wrestlers Really Get Paid? [Good ..
52 comments
@wild'ish
most viewed right now
20 viewing
Video inside Lil Wayne Daughter 'Reginae' BLASTS Young Thugger F..
40 comments
@hiphop
most viewed right now
14 viewing
Video inside NBA where WTF happens...  
17 comments
@wild'ish
most viewed right now
12 viewing
Image inside R.I.P OTF Chino  
235 comments
@hiphop

^
contact us   |   bx@twitter   |   bx@facebook   |   privacy   |   search   |   BX 1998-end of time