Report: Double Fine interested in THQ assets
Double Fine has reportedly requested documents regarding THQ's franchise auction, which is set to conclude on January 22.
THQ declared bankruptcy, and subsequently its individual franchises have been put up for sale on the auction block. We've heard scuttlebutt of interest from big-name publishers like Ubisoft, Electronic Arts, and Warner Bros. But the company's properties are reportedly getting attention from smaller publishers, like Double Fine Productions.
Distressed Debt Investing tweeted the news (via Joystiq). Tim Schafer's studio apparently requested documents, which could indicate an interest in putting down a bid. THQ published two of Double Fine's recent games, Stacking and Costume Quest, but it's unclear which company owns the rights to those IPs. This doesn't necessarily mean that Double Fine will win or even place a bid, but it shows the range of publishers interested in picking through the bones of THQ.
Bids for properties are due by 9 AM ET on January 22, and a hearing will occur the next morning regarding the results. THQ CEO Brian Farrell previously said, "We will now know definitively by Jan. 23rd where we stand." Wherever THQ stands, it will be a good deal lighter.
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Steve Watts posted a new article, Report: Double Fine interested in THQ assets.
Double Fine has reportedly requested documents regarding THQ's franchise auction, which is set to conclude on January 22.-
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In addition to the Kickstarter, they are being backed by Dracogen a private investment firm, who helped to fund PC and Mac ports and their current mobile efforts.
If it made sense for any THQ property to be in DF's stable (Saints Row, I'm looking at you), and the guy behind Dracogen agreed, I don't think they'd have a problem fronting money for it. -
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I believe they own the rights to CQ and Stacking (Dracogen's investment to port them to PC probably wouldn't have happened if THQ was still the rightsholder). Given what Schafer's said about how much it means to DF to have full rights back to Psychonauts (and subsequently making more money from that game since than when it was a published title before), I think Schafer's assured his games have reasonable automony from publishers except where it makes sense (eg the Sesame Street game).
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I bought it on XBox, Gamecube, PC, then again on PC to have it on Steam...I don't know where my Gamecube copy is at the moment though...pretty much the only one I could play right this second is the one on Steam (the XBox version is somewhere around here...but I'd have to dig it out...Steam is so fucking easy).
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Double Fine has filed trademark applications for both Stacking and Custom Quest and they are listed as both developer and publisher on GOG.com for both games so they almost certainly own those IPs. However they may well be interested in buying the publishing rights back from THQ or even just interested in what is gonna happen to it and want to make sure that everything with regards to the auction happens in accord with the contract(s) they have with THQ and to make sure that the publishing rights end up with someone they want to work with.
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