Thursday, August 14, 2014
Bidding For THQ’s Darksiders, Red Faction And Others Has Been Closed

Bidding For THQ’s Darksiders, Red Faction And Others Has Been Closed

The bankruptcy auction for now-shuttered publisher THQ’s remaining IPs has been closed, with the final 17 bids expected to bring in between $6 – $7 million, filed court documents have revealed.

The company’s properties were bundled together into six different packages and then opened up for auctioning in February. Those packages consisted of the following titles and franchises:

  • Darksiders series
  • Red Faction series
  • Homeworld series
  • MX series
  • Other Owned Software, including Big Beach Sports, Destroy All Humans!, Summoner, and more
  • Other Licensed Software, including Marvel Super Hero, Supreme Commander, Worms, and more

While none of the bids were detailed in the filing, today developers at teamPixel wrote that they had been outbid on the Homeworld IP. The mobile and desktop app developer had plans to develop Homeworld 3 for Windows PC, Mac and Linux.

Homeworld will escape the THQ bankruptcy to a new home, however, that home will not be with teamPixel, LLC,” the Kickstarter update reads. “The auction for the Homeworld license ended April 15, 2013, and while we reached qualified bidder status for the bankruptcy auction, we were unable to raise the necessary funds to remain competitive against the other parties at the auction.

The 55-page court filing also summarizes the financial bankruptcy of THQ, revealing that the company suffered operating losses during each of the five fiscal years prior to its filing, and gives more insight into what unfolded during the January auction of the shuttered publisher’s main properties.

About Ernice Gilbert

Ernice Gilbert here. Founder and Editor-In-Chief of Gamesthirst. Thanks for stopping by, make yourself at home!