THQ Pins WWE Deals For Eight More Years

Posted by Grey Sunday, December 27, 2009

The tumultuous journey through the trials have finally ended as game-chart-topping tag team champions, THQ and WWE worked out their differences, and set course for eight more years.

After various court battles between THQ and WWE (not to mention Yukes and WWE toy licensee Jakks Pacific) since 2004, THQ and WWE have finally resolve their legal disputes along with Jakks, as THQ said it would be paying WWE $13.2 million under the settlement, while Jakks will receive $20 million from the publisher, split up over the next four years. Meanwhile, THQ/Jakks Pacific, the joint venture set up to produced WWE-licensed games, will finally fold at the end of the year as the new deal will take effect on January 1st, 2010, with THQ entering into an exclusive eight-year deal to make and sell games based on the WWE franchise.

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