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JAKKS wants to keep WWE, THQ not quite sure

Justin McElroy

JAKKS is more than happy to reenter into its WWE licensing deal with THQ, but the gaming company isn't so sure it's ready to make a commitment. After JAKKS signed on the dotted line to extend its gaming agreement with the wrestling group for five years, THQ sued the toymaker, saying it wasn't ready to make a decision and that JAKKS had no right to sign the agreement without THQ's consent.

There were some reportedly shady dealings when JAKKS originally got the contract -- perhaps THQ wants to get the whole pie for itself. Who knows? Either way, the two companies have entered into arbitration, so hopefully the tiff won't have an impact on releases.

 Justin is Joystiq’s Managing Editor and has been writing about video games since he started reviewing them for The Herald-Dispatch when he was 12 years old. Besides Joystiq, his work has appeared in Computer Games Magazine, GamePro, Official Xbox Magazine, PlayStation: The Official Magazine, PC Gamer, The Escapist, Gamezebo, Gamers With Jobs. He is one of the co-hosts of beloved advice podcast My Brother, My Brother and Me.