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THQ No More, Titles Sold Off During Auction Find New Homes

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#26
All you guys wondering why Turtle Rock Studios made such a small offer

you do realize they are a SMALL DEVELOPER aka they are the guys behind Left 4 Dead 1 and some DLC for L4D and L4D2 thats it they dont have massive cash flows, and essentially EVOLVE is a game being developed by Turtle Rock Studios what this means is Take Two bought out the game and IP to Turtle Rocks Product and can now do what they want with it change it or even fire the developer and move the project elsewherem TRS simply made a bid with all the capital they had in hopes that Take Two deal fails to go through in which case TRS can maintain there independence and full creative control over their product.
that's actually kinda sad, that a game dev would throw everything it has available at buying its own ip and fall so utterly short.

at that point, they need a new company to buy them out, you can't succeed with so little capital to develop on.
 
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#27
Also, the South Park game actually looks really good. It's being developed by Obsidian and is an RPG, the one genre they are actually pretty good about. There's currently a dispute about that IP though, because South Park Studios is trying to get the publishing rights since it is their IP and they apparently weren't allowed to bid on it.

E3 Footage of SP Game: South Park The Stick of Truth - E3 2012 Gameplay &...

Also, Crytek getting Homefront is literally the best thing that could have happened--especially for that cheap. Crytek makes some of the best games these days, and they were already developing the game. I am actually pretty interested to see how it turns out, Crytek could finally make a legitimate attempt at CoD's market, or at least force Activision to start making versions of the game that aren't the equivalent of $60 DLC.
 

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#28
Also, the South Park game actually looks really good. It's being developed by Obsidian and is an RPG, the one genre they are actually pretty good about. There's currently a dispute about that IP though, because South Park Studios is trying to get the publishing rights since it is their IP and they apparently weren't allowed to bid on it.
I love Obsidian, but I hate South Park. I have been divided since they announced they were making it. :ohwell:
 
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#29
my deepest condolences for THQ. thanks god, ubisoft only got THQ montreal.
 

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#30
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#31
THQ did not sold evrything yet ,some IPs still at THQ with VIGIL studio ( maker of darksiders series ) + homeworld and probably some other IPs i dont know .THQ has around 18m $ cash in subsidairies in europe and assets needed to sell .

Total debts around 250m $ iirc not sure google may bring correct number. They owed 100m + interest just to bond holders

What's left for THQ? Did they sell everything of value? The Relic sale by itself should have yielded enough money to to pay off THQ's debt.

This auction was seperate auction but total bids must be over the amount clearlake offered for THQ =60m . If total money from auction was under 60m clearlake would get THQ whole ,bidders would not get IPs they bidded .It looks like everyone closely watched the total amount while bidding http://www.vg247.com/2013/01/07/thq-assets-to-be-sold-off-at-auction-january-22/

I don't get it too,

250k then 10.9M??? and they even put a .9M there like there was a previous 10.8M offer.
 
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#32
If those that are listed pay up, that's already over $65 million--enough to satisfy Clearlake. If THQ sells everything, why didn't they do Chapter 7? I really don't see what they seek to gain by reorganization if there is literally nothing left to reorganize.


I think there must have been a reserve set. These low bids don't meet the reserve but they still may be considered if the highest bidder backs out and THQ/Clearlake accept the lower asking price. It's basically on the books.
 
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#33
THQ wanted chapter 11 but bond holders objected at court ,Clearlake offered 10m to bond holders and was wiping share holders with incoming 3 titles . This seperate auction for studio/IPs happened because court order
 
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#34
Related question: Are patches getting out more the responsible of the developer or publisher?

If it's more on the publisher's head, I'm disgusted at the notion of the Saints Row franchise going to Deep Silver. I can only think about how Risen was more or less abandoned and never got the patches it desperately needed. Instead, it fell to the community, who managed to release those much needed patches (PowerGamer / NicoDE).

See section 5 (Readme)

It probably doesn't help that I was one of those people who bought the game when it came out, full retail price.
 
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#37
The link you gave says
''Some of the bugs fixed by this patch would take mere minutes for the developers to fix and were reported to developers much earlier than official patch 1.10 was released. So PB and DS if you don't care about supporting your product at least release a modkit for the game so your customers can fix the bugs themselves. '' It shows a fix made by players/outsiders

and i send a link to a playermade fix to a problem (made by players/outsiders ) not solved since game released developer/publisher acted like deaf until now and became worse at every DLC , it is a kind of answer to your concerns . THQ was not better basicly

I have zero clue as what point you are trying to make.
 
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#38
The link you gave says
''Some of the bugs fixed by this patch would take mere minutes for the developers to fix and were reported to developers much earlier than official patch 1.10 was released. So PB and DS if you don't care about supporting your product at least release a modkit for the game so your customers can fix the bugs themselves. '' It shows a fix made by players/outsiders

and i send a link to a playermade fix to a problem (made by players/outsiders ) not solved since game released developer/publisher acted like deaf until now and became worse at every DLC , it is a kind of answer to your concerns . THQ was not better basicly
I was leaning towards this as what you were saying, but your post definitely helped to clear it up.

So you feel it goes from one bad hand to another then? It certainly seems that way. :ohwell:
 
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#39
Well at least my 2 favourite devs (Relic and Volition) for THQ got snatched up at a large amount of money compared to the others.

Here's hoping SEGA make CoH even better from their Total War series. I'm just hoping they don't axe Relic so there is less competition for their Total War series.
 
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#40
Wish there is a WWE game on PC like old times :)
 
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#41
Wish there is a WWE game on PC like old times :)
The WWE license was given to 2k Sports. They already release on PC, so it might just happen.
:)
 
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#42

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#43
no more saints rows? NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

 
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#44
no more saints rows? NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Unless I missed something I don't think anything was said about there being no more Saints Row games. As far as I knew, the devs were already heavily involved in Saints Row 4.
 
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#45
yeah volition was sold...pretty much indicates that the buyer is interested in launching the game, otherwise what do they have to gain from their purchase?


so yeah , there is more saints row.
 
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#46
yeah volition was sold...pretty much indicates that the buyer is interested in launching the game, otherwise what do they have to gain from their purchase?


so yeah , there is more saints row.
If EA or Activision bought it they would probably just get rid of the company for less competition. :/