Report: Warner Bros. Interactive Interested in Bidding on THQs Assets

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  01 January 2013
Report: Warner Bros. Interactive Interested in Bidding on THQs Assets

The word comes from Distressed Debt Investing, a blog managed by an investor who evidently was in Friday's hearing on THQ's bankruptcy. On his Twitter feed, he said "Lawyers for Warner Brothers states they have team ready to complete due diligence if more time is allowed." Other buyers are interested in some of THQ's assets, and some also are interested in purchasing it whole, Distressed Debt Investing said.

:Daily Sketch Forum:HCR Modeling
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  01 January 2013
I really liked Saint Rows the Third, it's too bad they didn't develop more original IP, relying too heavily in licensing deals and that misguided "uDraw" gaming tablet just broke the companies back. It's unfortunate that asset sales is the only way forward - the lawsuits related to the "uDraw"looked way to big to overcome. :(
Richard Cabrera
Twitter - Flickr
  01 January 2013
Smells of a possible collusion between executive management and Clearlake at THQ...
Which is now scuppered and probably going to be finished off by Warner.

In which case, the words we are looking for are: "A Comedy of Errors".
"Your most creative work is pre-production, once the film is in production, demands on time force you to produce rather than create."
My ArtStation
  01 January 2013
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