IGN is reporting that Take-Two has confirmed that WWE 2K14 will be released on Tuesday, October 29, 2013. According to an earnings release, the game will be published “across all major platforms and distribution channels.” Take-Two is WWE’s new video game partner as they acquired the rights to the license following THQ’s bankruptcy. The Rock […]
The Rock on the Cover Of WWE 2K14 Stephanie McMahon revealed on Saturday that The Rock will be featured on the cover of WWE 2K14. The following is from Twitter: “Breaking News: @therock will be featured on the cover of WWE 2K 14″ Casey Collins EVP CPG #BPS #Wrestlemania — Stephanie McMahon (@StephMcMahon) April 6, […]
Dot com has a new article on 2K Sports acquiring the WWE video game license now online. There isn’t much new from what we’ve already reported although they do still refer to the next game as WWE ’14 and not WWE 2K14 as noted in the ESPN report. 2K’s COO David Ismailer is quoted in […]
Take-Two Interactive has officially acquired the exclusive rights to the WWE video game license from THQ. While Take-Two is expected to retain key THQ and Yuke Co. employees, there will be at least one significant change. ESPN is reporting that Take-Two will publish the WWE game under their 2K Sports franchise. “We looked at a […]
We reported here on WrestlingNewsWorld.com, citing a report from Bloomberg, that Take-Two Interactive Software Inc. has acquired WWE Games from THQ. GMA News is reporting that Japanese developer Yukes Co. as well as former THQ employees will be retained by the new deal, entering into new agreements with Take-Two Interactive to develop new WWE games […]
Bloomberg is reporting that Take-Two Interactive Software Inc, the parent company of 2KSports, has agreed to take over development and production of WWE video games from bankrupt THQ. No other details are available as of this writing.
THQ was officially sold and auctioned off on Wednesday, with the assets being divided amongst winning bidders. An email was sent to all THQ employees, informing them of the winning bidders and stated that most would likely be offered jobs by the new companies. You can read that email at this link. As for what […]
WWE’s video game partner, THQ, won court approval of a revised, longer bankruptcy sale process and loan to help fund operations after reaching an agreement with creditors. Bloomberg reports that U.S. Bankruptcy Judge Mary F. Walrath approved guidelines that will govern the sale of the company’s assets at a bankruptcy auction and the company’s $37.5 […]
THQ failed to obtain approval of a loan to help fund operations and lost its bid for a quick bankruptcy sale. At a hearing Friday in Wilmington, Delaware, U.S. Bankruptcy Judge Mary F. Walrath ruled in favor of creditors that the sale process didn’t give potential buyers enough time. “I have problems concluding that the […]
Many readers have questioned the future of WWE ’14 amid THQ filing for chapter 11 bankruptcy protection last week. We’re now able to confirm, with the help of the folks at WWEGaming.com, the game is included in THQ’s product development budget for the fiscal year ending March 31, 2014. Regardless of who assumes the assets […]
WWE issued the following press release regarding THQ filing for bankruptcy: STAMFORD, Conn., December 20, 2012 – WWE (NYSE:WWE) is listed in THQ, Inc.’s recent bankruptcy filing as an unsecured creditor holding a claim of approximately $45 million reflecting the entirety of the existing multi-year agreement. Any impairment of a current THQ account receivable would […]
The following is today’s edition of Ask WNW. Ask WNW is the most popular feature on the website where Richard Gray answers four questions daily, Monday through Friday. To submit your question for the next installment of Ask WNW, click here.
- According to a report by Bloomberg, THQ owes WWE $45 million as one of their largest unsecured creditors. We first mentioned this in Thursday’s Premium Mailbag. WWE announced Wednesday they will be “actively participating” in THQ’s bankruptcy proceedings. – Former WWE personality Todd Grisham will host Friday Night Fights on ESPN2 beginning January 4, […]
WWE issued the following statement regarding their video game partner, THQ, filing for Chapter 11 bankruptcy protection: STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYS: WWE) is following the developments of THQ’s bankruptcy filing today and proposed sale under Bankruptcy Code Section 363. The Company anticipates actively participating within this proceeding.
WWE’s video game partner, THQ, has filed for Chapter 11 bankruptcy protection and will seek a buyer (in Clearlake Capital Group, L.P.) to help recover from years of business and creative missteps. All studios are scheduled to remain open with all developmental teams continuing to work during the sale period, subject to Court approval of […]