THQ individual franchises up for grabs, more show up to bid

JS:The Twitter feed for Distressed Debt Investing has been doing courtroom reporting, noting that the judge has set an auction date of January 22 where THQ assets could be sold individually. It's also been reported that Electronic Arts is now among the bidders. Warner Bros. has also been acknowledged as sniffing around, along with several others.


After adjourning its first hearing today, THQ reconvened at 3:00PM and announced that a compromised was made among various parties. A form of order has yet to be presented but the general takeaways:
Bids are due 9am January 22nd
Auction will be held 3pm on January 22nd
Sale Hearing January 23rd at 9am
The auction will allow for bidders to bid on only certain assets (titles, studios, etc) in the auction


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majiebeast1990d ago (Edited 1990d ago )

Reminds me of a bunch of vultures picking at a corpse. EA better not get any of the big franchises, dont care if they take WWE those games were subpar anyway.

Didnt Ubisoft show intrest for some franchises?

NYC_Gamer1990d ago (Edited 1990d ago )

I believe the big franchises will be split between EA & Warner Bros...


Could Ubisoft really afford to out bid EA or Warner?

guitarded771990d ago (Edited 1990d ago )

Well, we all knew it was bound to happen. I hope whoever gets the franchises absorbs some of the more talented programmers, designers and artists so they don't all lose their jobs.

I'll be interested to see where Saint's, Darksiders, Red Faction and Company of Heroes go. Saint's seems like an obvious pick-up for EA. They need a sandbox franchise. Also, they have the teams in place for Company of Heroes. It's hard to say who Darksiders and Red Faction will be best with.

NYC_Gamer1990d ago (Edited 1990d ago )

EA and Warner be be fighting over these...

Company of Heroes
Saints Row
Metro-Last Light

NYC_Gamer1990d ago (Edited 1990d ago )

Damn,will be fighting over these...

Elwenil1990d ago

Yeah, hopefully whoever gets CoH will treat it with respect.

ABizzel11990d ago

EA will get WWE, Saint's Row (EA has their own GTA)

Warner will get Company of Heroes & Metro (EA doesn't need another shooter, or RTS)

shutUpAndTakeMyMoney1990d ago

I wish Metro when to CD Projekt. But that won't happen.

DonMingos1989d ago

Warner Bros should grab Darksiders and Red Faction
Take Two should own the Metro franchise
EA should grab WWE and Warhammer 40000
Ubisoft could turn Homefront into a great Franchise and also take on Company of Heroes
Microsoft could use an exclusive open world sandbox like Saints Row
Sony should continue to push for new Ip's and support guillermo's del toro Insane

NYC_Gamer1989d ago

I'm not a fan of Saints Row but i'd rather the franchise stay multi-platform

+ Show (2) more repliesLast reply 1989d ago
Hazmat131990d ago

who ever picks up Saints Row and Metro better not F them up.

Swiggins1990d ago


Metro Last Light looks amazing.

shackdaddy1990d ago

God no, please don't let EA get anything good...

torchic1990d ago

I'd love to see them get WWE, it's a match made in heaven.

Dlacy13g1990d ago

I think we are going to see a lot of bidders if the auction time frame hits without an approved sale. I fully expect all major Publishers including the likes of MS and Sony to dip their toes in the process.

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