THQ absorbs multiannual SpongeBob rights, includes game 3DS

by James Ransom-Wiley 2010 18th Oct 11: 45 AM : can never be a standout Metacritic but SpongeBob SquarePants has won the hearts of millions of small--no matter what we think about its games. After sending 29 million copies of pure gold of SpongeBob since 2002, THQ is not about to leave the money-maker hook. The Publisher has renewed its partnership with Nickelodeon for multiannual rights to develop and release titles of SpongeBob main platforms and distribution channels.

The first game in the new agreement was developed for 3DS, Kinect and THQ own uDraw GameTablet for Wii. It will be released next year, and you will probably have to buy (and one of these new technologies), if you have a child between 2 and 11 years.

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THQ extends UFC rights until 2018

from Alexander Sliwinski 2010 19 Oct 11: 00 AM : rights of THQ UFC Undisputed license will remain until 2018. The Publisher announced today that it has extended the "exclusive agreement, worldwide" with Zuffa, LLC to create games based on the last combat franchise for the next eight years. The agreement grants THQ the option to create games for all consoles, PCS, handhelds, mobile and social media. We can't wait to see someone's gift to us a "Punch in the junk" on Facebook.

Price of the deal wasn't shared publicly.Wedbush Morgan analyst Michael Pachter guesstimates: "[THQ] pays a percentage of sales against a minimum warranty. my guess is that is a license by 15%, and that the guarantee is approximately 10 million per year."

The license UFC was good for THQ, despite the decline in sales for the second iteration of the franchise. current strategy of THQ to combat fatigue annual potential is giving the series one "long development cycle," which means that the next installment should arrive sometime in the second half of 2011 at the earliest.

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