Fans of THQ’s Darksiders games can take some comfort in knowing that there is still hope left for the franchise, while properties on an indefinite hiatus, like Homeworld, may see a revival. This news comes shortly after the now former publisher THQ announced the sale of its assets in yesterday’s bankruptcy auction.
GameInformer asked THQ president Jason Rubin about the fate of some of the publisher’s unsold franchises, such as Darksiders and Red Faction, to which he responded, “There will be a separate process to sell off the back catalog and IP [intellectual property]. That process will take place in the coming weeks,” as pointed out by Joystiq.
Yesterday, THQ announced that it had raised $72 million in asset sales with several of its studios and upcoming games sold to publishers like Sega and Koch Media (better known for its Deep Silver publishing arm in the U.S.).
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Ubisoft has told Joystiq that it will look to provide continuity for THQ Montreal’s staff as it plans to welcome the studio into its organisational structure. It also confirmed that unannounced projects were part of the acquisition.
“It is too early to say” whether former Ubisoft creative lead Patrice Desilets will return to the company as part of the deal, Ubisoft added. Desilets left Ubisoft for THQ Montreal in 2011.
The statement in full reads: “It’s too soon to say for certain, but we are very excited about THQ Montreal becoming part Ubisoft.
“In the coming weeks we’ll be looking at how to offer an organizational structure that provides continuity for the creative teams involved. Unannounced projects from THQ Montreal are included as part of the acquisition.
“We are very excited to welcome the experienced and talented people from THQ Montreal to our internal development teams, and are convinced that they will be bringing a lot to the group.”
Ubisoft also acquired the rights to publish Obsidian’s South Park: The Stick of Truth as part of the THQ bankruptcy sale.
The hugely important auction of THQ assets is now over, and while most of the information is still private, some staff members and developers under the companys roof are reporting their unemployment.
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The court has chopped up THQ and sold it for parts. The auction, ordered by the Bankruptcy Court of the District of Delaware, ended today. Many gamers and developers are worried about the future of the publisher’s development studios, intellectual properties, and employees.
We now know that Clearlake Capital will not take over THQ, and the company’s assets have been sold to others. We’ll provide specifics below as we learn them (check here for updates):
Company of Heroes developer Relic is now Sega Relic
In December, THQ filed for bankruptcy. Clearlake Capital, an equity firm, immediately filed a motion to acquire THQ’s assets intact for $60 million. Earlier this month, GamesBeat reported that THQ’s lenders objected to Clearlake’s acquisition on the basis that a liquidation of assets would likely earn a higher price. The court agreed with that objection, which led to this auction.
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News regarding the sale of THQ’s properties is set to hit sometime later today, and we’ll be sure to let you know once it has. In the meantime, we wanted to revisit a question we asked you readers earlier this month.
A reader discussion post asked where the best home for THQ’s various properties was, and you had plenty of ideas.Here are some comments that we received:
Leo Vader: Square Enix might be a good fit for saints row, they kicked ass with Just Cause 2 and Sleeping Dogs.
calvin huff: I would like it if EA acquired the Homefront series. They already have a good working relationship with Crytek and they could finally put MOH out to pasture where it belongs.
Anonymous Tom: “Where Is The Best Home For THQ’s Various Properties?” Apparently not THQ.
Tron39: If any of those franchises go to either Ubisoft or Warner Bros, then I will rest easy.
RexTheWonderHorse: IN THE TRASH WHERE THEY BELONG
nathan98: I think Ubisoft would do good on darksiders. Probaby warner for saints row. And take 2 for the metro series, and company of heroe’s
RednekGamurz: I dunno about these other franchises, I just hope someone picks up the Destroy all Humans! series and does something great with it
Most of you: Anywhere but Activision