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THQ Auction Ends, Remaining IP Sell for $6-7 Million

Ravi Sinha — Mon, 22 Apr 2013 09:19:01 +0000

In a mad race that saw developers like TeamPixel with a Kickstarter campaign to raise money for acquiring the Homeworld IP and Crytek USA wanting to retrieve Darksiders, since the studio is composed of many ex-Vigil Games staff, the bd for THQ’s remaining intellectual properties has finally closed.

Court documents show that of the 17 bids made, with final offers still pending court approval, the total amounts to roughly $6 to $7 million. As of now, it’s unknown who won the bids but we do know that TeamPixel lost out on trying to capture Homeworld, for which they’ll be refunding various backers.

IPs involved in the auction includ Darksiders, Red Faction, the MX series, and of course, THQ’s licensed software. Wrapping up of the auction’s proceedings was expected to be done by mid-May but it appears things will be well and truly over by May end. Stay tuned in the coming weeks for details on the new IP owners.

TeamPixel Refunds Homeworld Backers, Focuses on Original Space-Themed RTS

Ravi Sinha — Fri, 19 Apr 2013 10:03:31 +0000

TeamPixel had begun a Kickstarter campaign not too long ago to obtain the rights to Homeworld in order to bring a new sequel in the series to iOS, Mac, Android and PC. However, after losing the bid to secure said rights to an unnamed bidder on April 15th, it has been forced to refund the $58,644 raised to backers.

“We hope you will join us in supporting Homeworld’s new owners in building a future for the franchise. We anticipate an announcement of the new owner to be made within a couple weeks and for the sale to be finalized around mid-May.

“As a special thanks, we would like to offer each and every donor a special credit in our upcoming space RTS game. Yes, this means we will still be moving forward with our own Homeworld-inspired space RTS, but under our own intellectual property.”

The Kickstarter campaign began on March 4th along with an IndieGogo campaign that raised an additional $13,675. Private funding also added to the total amount.