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Title: THQ declares BK Post by: brellium on December 25, 2012, 12:08:07 PM Not as if any of us didn't see this coming.
http://www.pcgamer.com/2012/12/19/thq-bankruptcy/?ns_campaign=article-feed&ns_mchannel=ref&ns_source=steam&ns_linkname=0&ns_fee=0 Title: Re: THQ declares BK Post by: Rendakor on December 25, 2012, 12:15:53 PM Already posted in the useless news thread.
Title: Re: THQ declares BK Post by: Yegolev on December 26, 2012, 02:43:43 PM I thought they were going after Burger King.
Title: Re: THQ declares BK Post by: koro on January 23, 2013, 12:29:02 PM So THQ is pretty much officially gone.
The big auction firesale ended up raising more money than the equity firm Clearlake was putting up to buy the whole company, so everything's gone out piecemeal: - Sega nabbed Relic - Koch Media (Deep Silver, the Dead Island folks) nabbed Volition and Metro: Last Light - Take Two got that Turtle Rock game Evolve - Ubisoft bought THQ Montreal and the South Park RPG by Obsidian - Crytek bought out the Homefront IP (for a reported $500,000) Nothing specific's been said either way, but it's assumed that the companies that were bought retained their IP, so Koch/Deep Silver would have Red Faction and Saint's Row, while Sega would get Homeworld and Company of Heroes. Note that nobody actually wanted Vigil or Darksiders, so... uh... I guess they're shut down now. Title: Re: THQ declares BK Post by: Trippy on January 23, 2013, 12:42:15 PM Who got the WH40K license?
Title: Re: THQ declares BK Post by: koro on January 23, 2013, 12:48:34 PM I assume it's either staying with Relic, or it's reverted back to Games Workshop.
Also, Viacom/South Park Studios appears to be gearing up to go to court over the South Park game sale, arguing that the game can't have a new owner without the studio's approval. Also: Relic Entertainment Makers of Company of Heroes Winning bidder: Sega, $26.6 million. Runner-up: Zenimax Media, $26.3 million. THQ Montreal Makers of 1666 and Underdog, titles under development. Winning bidder: Ubisoft, $2.5 million. No runner-up. Evolve (title in development at Turtle Rock Studios) Winning bidder: Take-Two Interactive, $10.894 million. Runner-up: Turtle Rock Studios, $250,000. Volition, Inc. Maker of Saints Row Winning bidder: Koch Media, $22,312,925. Runner-up: Ubisoft, $5.4 million. Homefront Released 2011; due for a sequel. Winning bidder: Crytek. $544,218. No runner-up. Metro Series; due for the sequel Metro: Last Light. Winning Bidder: Koch Media, $5,877,551 Runner-up: Ubisoft: $5.175 million. South Park License; South Park: The Stick of Truth is due for release March 5. Winning bidder: Ubisoft, $3,265,306. No runner-up. Title: Re: THQ declares BK Post by: Trippy on January 23, 2013, 12:53:23 PM Vigil was doing the WH40K MMO (which got switched to a non-MMO), though, so the license belonged to THQ.
Title: Re: THQ declares BK Post by: Yegolev on January 23, 2013, 01:06:10 PM Quote Evolve (title in development at Turtle Rock Studios) Winning bidder: Take-Two Interactive, $10.894 million. Runner-up: Turtle Rock Studios, $250,000. Whoops! Title: Re: THQ declares BK Post by: KallDrexx on January 23, 2013, 01:23:55 PM THQ has sold many of it's studios through auction (http://arstechnica.com/gaming/2013/01/thq-split-up-and-sold-in-five-parts-through-bankruptcy-auction/). The key points:
Quote Sega To purchase Relic (developer of Warhammer 40K and Company of Heroes 2) for $26.6 million. (Interestingly, Bethesda Softworks owner Zenimax media came just short of winning this portion with a $26.3 million bid.) Koch Media To purchase Volition (developer of the Saints Row and Red Faction games) for about $22.3 million. To purchase the Metro franchise license for nearly $5.9 million. Crytek To purchase the Homefront license for $544,218. Take 2 To purchase Evolve (a turtle Rock Studios project trademarked last year) for about $10.9 million. Ubisoft To purchase THQ Montreal (developer of the upcoming 1666, among others) for $2.5 million To purchase the license to South Park: The Stick of Truth for about $3.26 million (though south Park Studios is putting up some legal argument over that part of the sale) Darksiders developer Vigil Games, unfortunately, received no bids and will be shut down Title: Re: THQ declares BK Post by: Montague on January 23, 2013, 01:32:16 PM Koch Media should consider a name change.
Title: Re: THQ declares BK Post by: Sir T on January 23, 2013, 01:35:44 PM Naa. There's a place for truth in advertising.
Title: Re: THQ declares BK Post by: Jeff Kelly on January 24, 2013, 06:09:48 AM Koch Media has no relation to Koch industries, it's a German company located in Munich, Germany and is the 'largest independent distributor of digital media in Europe' (according to the company profile).
It's own studio Deep Silver is responsible among other things for the Trackmania Series of Games, the Anno series of games, Sacred 2, Risen and others and they assimilated the "Rockstar Vienna" people. They also publish SquareEnix Games in Europe and also a lot of Sony Interactive Games and smaller stuff. Title: Re: THQ declares BK Post by: Ingmar on January 24, 2013, 01:34:52 PM I figured we were just going for a "sounds like cock" joke, myself, not a connection to the Koch brothers.
Title: Re: THQ declares BK Post by: Jeff Kelly on January 24, 2013, 01:52:19 PM Oh, I'm sorry. :D
Go ahead then Title: Re: THQ declares BK Post by: Yegolev on January 24, 2013, 06:10:21 PM Still reading thread title as "THQ declares Burger King".
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