Take Two Acquires WWE Video Game License, THQ Dissolving
IGN.com is reporting that the WWE video game license is expected to be acquired by Take Two, the parent company of 2K:
“The era of THQ wrestling games is over. Sources have indicated to IGN that the WWE game franchise will be sold to Take Two, parent company of 2K. Terms of the sale are unknown at this time, as details have not been finalized. These negotiations appear to have taken place outside THQ’s formal auction process.”
THQ, the former developer of WWE’s video game franchise, will be officially dissolving, with its studios, staff, licenses and other assets sold off at auction today.