Tag Archives: Bankruptcy

WWE License Heading To Take-Two/2k, THQ Officially Dissolved Via Bankruptcy Court

 

The era of THQ wrestling games is officially over. As of this afternoon, THQ as a company has been dissolved and all of it’s licenses and properties have been auctioned off. We know where several prominent franchises and studios are going but we simply have no idea on where the WWE video games license has found as a home.

What we do know is that a new company will definitely be publishing WWE games starting immediately. The Twitterverse is abuzz with rumors that either of both EA and Take Two have bought the license — and it would stand to reason that one side of the other is correct. The WWE was owed $45 million from THQ when the company went under, so most likely WWE will be looking for a stable and somewhat wealthier business partner this time around.

The status of a WWE game for 2013 will depend upon how the new publisher approaches WWE video games. If the publisher starts from scratch, there may not be another WWE game on the market for at least a year or two.  A formal court document shows that WWE’s license was NOT auctioned off in the sale of THQ’s assets. This tends to indicate WWE cancelled their licensing deal with THQ and has shopped or is shopping their property unilaterally.

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