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THQ confirms another UFC game in development before selling license
THQ confirmed the development and cancellation of another game in the UFC series in an SEC filing this morning. While not putting exact numbers to the news, the filing noted a year-over-year decrease in sales across the series since 2009. UFC Undisputed 3 failed to sell 2 million units, which was its "break even" point according to a recent report.Searches on LinkedIn found a number of former THQ San Diego employees that list "UFC 4" in their profiles, albeit unconfirmed. THQ entered into an agreement to sell the UFC license to EA Sports on June 1 for an undisclosed amount, first announced during EA's press conference at E3 last week.Updates on the closure of THQ's San Diego studio are included in the filing, saying it "could result in additional cash charges of up to $1.1 million related to severance, up to $1.3 million in cash charges related to leased facilities and non-cash charges of up to $0.5 million related to long-lived assets."
THQ confirms closure of San Diego studio
In the hustle and bustle of E3 week, on the very day THQ announced it would transition over the UFC license to Electronic Arts for an 'undisclosed cash payment," the publisher decided to close its San Diego studio."THQ confirms that today's announcement regarding the UFC license transition will affect the company's San Diego studio," the publisher informed Joystiq in a statement. "THQ is working closely with those relevant staff to either find possible employment within the company, or potentially with EA."
