วันเสาร์ที่ 16 กุมภาพันธ์ พ.ศ. 2556

postheadericon Take-Two acquires WWE license

15:35 | เขียนโดย ject | แก้ไขบทความ

Grand Theft Auto

World Wrestling Entertainment editor collects license publisher THQ bankruptcy.

The rumors were right. Bloomberg reported today that Take-Two has agreed to acquire the license for the World Wrestling Entertainment THQ video game after the bankruptcy last month.

According to the documents, Take-Two acquisition of the license will save millions of minimizing the impact on the WWE and developer Yuke.

    "By working together to develop games WWE transition to the future, the parties have limited the damage to the WWE Yuke, which, in turn, agreed to a substantial reduction of their claims" against THQ, counsel for Take-Two said in court documents.
  • Without the new agreement, counsel for Take-Two said that the demands of the WWE Yuke "certainly exceed $ 30 million and could exceed $ 60 million." Other franchises from THQ, Homefront and Row, Company of Heroes and saints, were auctioned last month. The new agreement replaces the previous WWE Yuke and contracts, allowing companies to sign new agreements with Take-Two. According to the documents, the WWE has agreed to waive $ 45 million pre-bankruptcy claims, royalties and advances of $ 7.5 million until 2017.
Under this new agreement, THQ WWE pay $ 650,000 in royalty payments for games sold under bankruptcy protection. In addition, THQ give your share of 14 percent in Yuke - approximately 1,552,000 shares worth $ 4.5 million - to the developer and payment of a fee of $ 250,000.

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