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THQ Files for Bankruptcy

Started by Greybriar, December 19, 2012, 07:44:12 PM

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LongBlade

#30
January 23, 2013, 03:40:14 PM
Quote from: Arctic Blast on January 23, 2013, 03:37:39 PM
Quote from: LongBlade on January 23, 2013, 03:35:35 PM
Great news, Arctic. Relic is a great company. I had no idea they had the kind of cash to buy SEGA.

Wrong way around. SEGA bought Relic.  ;D The rumor is $15 million was the price at auction.

Ah. Thanks. That makes more sense.

$15 mil? Is that all that's separating me from world domination? I guess I'd better start saving.
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.

Arctic Blast

#31
January 23, 2013, 03:56:52 PM
And now Kotaku has the winning bid prices and runners up. Kind of interesting, actually.

QuoteRelic 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.

Wow, Relic was THISCLOSE to going to Zenimax (Bethesda and id)...that seems like a weird mix. The Metro game selling for that much seems like a positive to me : nobody is dropped almost $6 million for the rights to a game if they don't anticipate it doing well. Then again, whatever Evolve is going to be cost twice that much. Seems like Koch kind of got caught up in bidding against themselves, because they were waaayyyyyy ahead of everyone else. It also seems weird that an entire studio sold for less than any of the game rights.

Oh, and if you like Darksiders, there wasn't a single bid on either the license rights or Vigil, who developed them. So that series is quite possibly dead and gone.

LongBlade

#32
January 23, 2013, 04:00:39 PM
Good point about Koch. They must have *really* wanted that Saints Row.
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.

undercovergeek

#33
January 23, 2013, 04:08:40 PM
turtle rock studios had to bid for themselves - and seriously undervalued their product??

Arctic Blast

#34
January 23, 2013, 04:13:23 PM
Quote from: undercovergeek on January 23, 2013, 04:08:40 PM
turtle rock studios had to bid for themselves - and seriously undervalued their product??

They're developing Evolve, but were doing so under contract with THQ with THQ publishing. So they tossed in a bid to try to completely own the game. I don't know what Evolve is, but that winning bid makes me very, very curious.

Huh, I didn't know that Turtle Rock did the first Left 4 Dead and Counter Strike : Source. Still no clue on what Evolve is, aside from the knowledge that it's a shooter and they're looking for developers with CryEngine experience.

undercovergeek

#35
January 23, 2013, 04:53:21 PM
its 10 million dollars worth of curious thats for sure!

thats a lot of units to ship

Greybriar

#36
January 23, 2013, 08:22:05 PM
Thanks for the update, Arctic.

Quote from: Arctic Blast on January 23, 2013, 03:37:39 PM
Quote from: LongBlade on January 23, 2013, 03:35:35 PM
Great news, Arctic. Relic is a great company. I had no idea they had the kind of cash to buy SEGA.

Wrong way around. SEGA bought Relic.  ;D The rumor is $15 million was the price at auction.

LOL!  ;D
Regardless of how good a PC game may be it will always have its detractors and no matter how bad a PC game may be it will always have its fans.

Shelldrake

#37
January 24, 2013, 08:07:54 AM
Interesting (but not surprising) that Homefront was in the bargain bin category re bids. Hopefully Crytek can work some magic here.
"Just because something is beyond your comprehension doesn't mean it is scientific."

Dean Edell

LongBlade

#38
January 24, 2013, 11:10:11 AM
Quote from: Shelldrake on January 24, 2013, 08:07:54 AM
Interesting (but not surprising) that Homefront was in the bargain bin category re bids. Hopefully Crytek can work some magic here.

Homefront wasn't bad. The campaign game did a good job of making the Norks look like terrible, oppressive tyrants. The problem was the multiplayer game just wasn't that great.
All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.

Greybriar

#39
January 24, 2013, 12:59:05 PM
I spotted this image and thought it would be appropriate here:


R.I.P. THQ.
Regardless of how good a PC game may be it will always have its detractors and no matter how bad a PC game may be it will always have its fans.

ArizonaTank

#40
January 24, 2013, 03:32:52 PM
I also see that Atari is going into Chapter 11.
Johannes "Honus" Wagner
"The Flying Dutchman"
Shortstop: Pittsburgh Pirates 1900-1917
Rated as the 2nd most valuable player of all time by Bill James.

JasonPratt

#41
January 24, 2013, 04:08:17 PM
I feel very confident Crytek will do a good job with the Homefront sequel, assuming they bother to do so.

Relic going to Sega equals excessive win. Not least because Sega could stand to build their game portfolio back up some more. On the other hand, considering how close Sega has come to utterly botching their cash cow Total War the past several years, I have to say I hope they give Relic the purse to do whatever they want and leave them alone.
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Martok

#42
January 24, 2013, 04:37:13 PM
When Jarhead and the other WH40k'ers realize the 40,000 license and Total War franchise are now under the same umbrella, the world may go deaf from the collective squeeing. 





Quote from: ArizonaTank on January 24, 2013, 03:32:52 PM
I also see that Atari is going into Chapter 11.
I read that a couple days ago as well.  Sad news, but not surprising, given how poorly they've done the last decade. 

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Arctic Blast

#43
January 24, 2013, 04:48:20 PM
Quote from: JasonPratt on January 24, 2013, 04:08:17 PM
I feel very confident Crytek will do a good job with the Homefront sequel, assuming they bother to do so.

Relic going to Sega equals excessive win. Not least because Sega could stand to build their game portfolio back up some more. On the other hand, considering how close Sega has come to utterly botching their cash cow Total War the past several years, I have to say I hope they give Relic the purse to do whatever they want and leave them alone.

Crytek was actually already developing Homefront 2 for THQ, so this just gives them absolute ownership over it.

Quote from: MartokWhen Jarhead and the other WH40k'ers realize the 40,000 license and Total War franchise are now under the same umbrella, the world may go deaf from the collective squeeing.

Except that nobody is sure Relic still has it. Games Workshop tends to keep a tight grip in license agreements, and there's a good chance that as soon as Relic shifted owners that the license went bye bye. Of course, since SEGA (and Creative Assembly specifically) just got the WH Fantasy license and Relic has done well with the 40K license, I'd imagine getting it back would be a formality. But then, if Relic has the 40K license that doesn't mean that Creative Assembly can use it.

Quote from: ArizonaTankI also see that Atari is going into Chapter 11.

Yeah, not really a shocker. Just try this exercise : Name 3 games that Atari has published in the past 5 years without looking around online.



Nefaro

#44
January 24, 2013, 04:56:21 PM
Quote from: JasonPratt on January 24, 2013, 04:08:17 PM
On the other hand, considering how close Sega has come to utterly botching their cash cow Total War the past several years, I have to say I hope they give Relic the purse to do whatever they want and leave them alone.

????

It seems like the Total War series has been doing as well, and probably better, as it always has regarding sales.  What makes you say they've nearly botched it?
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