News

Double Fine 'asks for THQ bankrupcty filings', reveals source
Posted: 11.01.2013 15:39 by Simon Priest Comments: 1
Tim Schafer's Double Fine Productions is sniffing around the THQ bankruptcy case, says a source close to the dealings. The independent studio has asked for the paperwork filed by THQ.

Warner Brothers have also requested the same documentation. Double Fine and THQ have worked together in the past, as they published Stacking and Costume Quest.

It may be the case that Double Fine wants to see about getting back control of their creations, or perhaps they might be curious if they could snap up another IP.

Licenses for franchises like Saints Row, Red Faction and other established properties will be going entering auction this January 22nd. Those among the interested parties are Ubisoft, EA, Warner Brothers and now Double Fine.

"THQ: Both Warner Brothers and Double Fine productions have asked for bankruptcy filings in the THQ case," tweeted Distressed Debt Investing. THQ had intended to sell all their assets in one go to investment firm Clearlake, however a US judge ruled against the move and order an auction be held for individual assets.
Source: CVG
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Comments

By herodotus (SI Herodotus) on Jan 11, 2013
herodotus
Might be the start of the proverbial rats leaving the sinking ship. I hope not as that just generates panic and false predictions. Something Double Fine might have thought about before making this public.