Source: The Wrestling Observer Newsletter
One of the main reasons the WWE video game license didn’t end up in bankruptcy court and why WWE was able to sign with Take Two so quickly was due to “legal wranglings” where they gave up the rights to a lot of revenue they were owed according to a report by Dave Meltzer. WWE signed with Take Two back in February for a new five-year deal and had to hold off on making it public until everything with THQ was settled.
THQ reportedly owed WWE in the range of $7.5 million in royalties for the “WWE ’13″ video game and owed Yuke’s (the Japanesedeveloper of the game) in excess of $15 million.
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One of the main reasons the WWE video game license didn’t end up in bankruptcy court and why WWE was able to sign with Take Two so quickly was due to “legal wranglings” where they gave up the rights to a lot of revenue they were owed according to a report by Dave Meltzer. WWE signed with Take Two back in February for a new five-year deal and had to hold off on making it public until everything with THQ was settled.
THQ reportedly owed WWE in the range of $7.5 million in royalties for the “WWE ’13″ video game and owed Yuke’s (the Japanesedeveloper of the game) in excess of $15 million.
Go Check out all of our social media
– You can now follow me (Andy) on my Twitter account is at https://twitter.com/AR_Official_94
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official wrestling facebook page
Follow Us On Twitter
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Use #ngws For Interaction With Us
Live Radio Show
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