JAKKS wants to keep WWE, THQ not quite sure
July 2nd, 2009
JAKKS is more than happy to reenter into its WWE licensing deal with THQ, but the gaming company isn’t so sure it’s ready to make a commitment. After JAKKS signed on the dotted line to extend its gaming agreement with the wrestling group for five years, THQ sued the toymaker, saying it wasn’t ready to make a decision and that JAKKS had no right to sign the agreement without THQ’s consent.
There were some reportedly shady dealings when JAKKS originally got the contract — perhaps THQ wants to get the whole pie for itself. Who knows? Either way, the two companies have entered into arbitration, so hopefully the tiff won’t have an impact on releases.
JAKKS wants to keep WWE, THQ not quite sure originally appeared on Joystiq on Wed, 01 Jul 2009 23:00:00 EST. Please see our terms for use of feeds.
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