Codemasters seeks over $1m from THQ, Double Fine $595,000

Microsoft, Konami and Sony Pictures also reportedly owed money as THQ's debt is detailed.

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Trunkz Jr1279d ago

CM are D.bags for trying to make money off of the OFP name and failing horribly, I mean really who releases a game without CD keys so pirates can play with payed copies...

MooseWI1279d ago

Money is money. If you owe the money, big business will want the money in some way shape or form, even though THQ was a sinking ship.

f7897901279d ago (Edited 1279d ago )

Stardock does. Sort of.

You don't HAVE to put in the key unless you want updates.

Root1279d ago

Well we all know whats going to happen here

Samuel_L_Willis1279d ago TrollingShow
dcbronco1279d ago

I think bankruptcies are handled poorly with corporations. I think that instead of selling IP to others for next to nothing, the IP should have been valued and handed over to the people who were owed money. It like when a big corporations goes out of business and the 25 million jet gets sold for 4 million. It would be better for a bankruptcy company to lease the plane to a jet rental company and have the money pay back the people owed money. A nice building can be leased and used to pay people. They will now own a part of a different business.

legend9111279d ago

Leasing a jet may or may not take a while to earn back, who knows? But I know darn well that a $25m jet is worth more than $4m.

dcbronco1279d ago

If you invested in a company you weren't expecting to get all of your money at once. It was to grow over time. Being a part of a leasing company would most likely bring a better return than the initial investment. The reason so many never get their money back when a bankruptcy takes place is because 25 million dollar planes get sold fore 4 million. If it was a short-term investment you could have the option of being bought out for your money.

chasegarcia1278d ago (Edited 1278d ago )

It is an auction. If the highest bid for a plane that retailed at 25m is 4m. The plane is worth 4m.

TheUndertaker851279d ago

... You want companies to be handed over IPs that they may not want or be able to handle? Seems like that might be much, much worse for the business.

Besides. This is all chump change compared to what THQ owes to Vince McMahon.

dcbronco1279d ago (Edited 1279d ago )

That isn't a direct loss. They don't owe them 45 million. He wants to get paid for the entire deal even though all of the games won't be made. I would bet that even if McMahon got that 45 million he would still expect any company taking over the license to pay a fee for it. So it's really a joke. He found some clowns willing to over pay for his license and now he wants all of it.

My response to Vince is that it was fake money just like your product.

But some of those IPs had value. They could be kept in a trust that would license them to a developer for a share of any profits. It wouldn't be hard for anyone to re-coup the money if they are smart about how they do it.

takohma1279d ago

Imagine if suckerpunch got prototype that could have been the great game it was supposed to be living up to its full potential. Or they couldve mixed the universe together.

Whitefeather1279d ago

Prototype is Activision's IP.

Lighter91279d ago

You forgot to read the word, "Imagine." He said IMAGINE if Suckerpunch got Prototype... Apparently, 2 other people misread that as well.

Chris5581279d ago

No please prototype is mediocre at it's best would held back the excellent infamous franchise all i remember after playing both prototypes yellow cabs yellow cabs everywhere and boring long and easy boss battles

MikeyDucati11278d ago

The first Prototype was fun. And uh, if you've been to NY in the central parts, you would see cabs everywhere. And if inFamous is excellent then how could it hold back that franchise? Obviously inFamous took some cues from Prototype when they introduced the sequel. inF2 was not as much as a crawl as the first one was. Powers were given at every turn, just like Prototype. I felt more of a bad ass in Prototype than I did in the first inFamous. That feeling didn't come till near the end of the game.

Chris5581278d ago

You mean in NY only cabs exist? because in prototype they were lazy as fuck and only put them in maybe i saw one police car in the whole game ,,open world,, haha

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