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THQ's storybook is down to the final pages, following the rising action of its dropping stock, and the climax of its bankruptcy at the end of 2012 and asset sale in January. Now for the falling action: THQ formally terminated CEO Brian Farrell, President Jason Rubin and Chief Strategy Officer Jason...

February 5th 2013 at 7:00pm 0 Comments
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The formation of Crytek USA was a whirlwind affair, reports GamesBeat, with the fledgling company founded on the basis of a single meeting. On Friday, January 25, the day that Vigil Games was officially shuttered, studio head David Adams was told that Crytek CEO Cevat Yerli was flying in from Germa...

February 5th 2013 at 6:00pm 0 Comments
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We know pretty much all there is to know about the dissolution of THQ, how its valuable studios and properties were sold off, while others were left to fend for themselves. We're pretty well versed on why it all happened. Now, former THQ president Jason Rubin has given MCV his opinion on why the pu...

February 1st 2013 at 11:15am 0 Comments
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With a separate process slated to happen in the coming weeks that would see THQ's back catalog landing in the hands of bidders, indie studio teamPixel took to Indiegogo to crowdsource the funds to bid on one of the forlorn properties: Homeworld. The team's goal is to bring Homeworld to GoG and Stea...

January 27th 2013 at 10:30pm 0 Comments
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Employees of THQ's corporate HQ and Vigil studio will conclude working for the bankrupt publisher today. In a memo obtained by IGN, employees received a "frequently asked questions" memo regarding the end of their employment.The memo notes employees should remove all personal items by the end of th...

January 25th 2013 at 5:00pm 0 Comments
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Despite many of its major brands and studios being snatched up during this week's auction, several of THQ's intellectual properties remain unclaimed, their respective studios dissolving as a result. Among those unclaimed properties is the Darksiders franchise, which failed to garner any bids during...

January 24th 2013 at 11:00pm 0 Comments
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THQ sold off much of its intellectual property, and existing catalog, yesterday in an auction. But what about all the THQ IP that wasn't included, like Darksiders and (why not) uDraw? THQ president Jason Rubin told Game Informer that other sales of legacy holdings will be forthcoming."There will be...

January 24th 2013 at 12:00pm 0 Comments
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The U.S. Bankruptcy Court has approved the sale of THQ's assets to Ubisoft, Sega, and other companies, THQ announced this morning. The sales are all expected to close today. THQ totals the proceeds from the sale at $72 million, making a total of $100 million when added to the company's estimate of...

January 24th 2013 at 8:45am 0 Comments
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While most of THQ's coffers have already been cleaned out, there's been no official word on any party making a move on the WWE license. An IGN source suggests Take-Two will take over the WWE line of games. The negotiations for the WWE license apparently took place outside of the formal THQ auction,...

January 23rd 2013 at 7:15pm 0 Comments