THQ has had a long relationship with WWE in making their video games. The last game made by another company was WWF Attitude, released on multiple platforms from March to November 1999.

THQ-Jakks Pacific has held the WWE game license since June of 1998, according to the suit, and the agreement currently extends throughout 2009.

Yuke’s is THQ’s Japan-based studio. The UFC games have been received more warmly by critics than the recent WWE wrestling games, which may explain why THQ decided to keep that developer intact.

However, 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.

He joined the WWE in 1997 from Hanna-Barbera, Inc., where he was director, business and legal affairs. Prior to Hanna-Barbera, Inc., Kaufman was with National Broadcasting Company (NBC).

At the time of the bankruptcy, THQ owed the WWE about $7.6 million for royalties and marketing and it owed Yuke’s $15 to $20 million in development fees. THQ also faced additional debts from ...

THQ has appointed former WWE exec Edward L Kaufman as executive vice president of business and legal affairs, and corporate secretary, the publisher has announced.

THQ has now signed a new eight-year agreement with the WWE, granting it exclusive worldwide WWE video game publishing and development rights from January 1, 2010.

After the midday announcement, shares of Jakks closed up 29 cents, or 2 percent, to $13.12 on the Nasdaq. Shares of THQ added 43 cents, or 6 percent, to $7.59 on the same exchange.

WWE '13 is back for another year of brawling and testosterone. Dave Cook asks THQ's Corey Ledesma about what's new this year, and why this could be the greatest entry yet.

WWE 13 has been officially announced by THQ. The upcoming wrestling game will feature a roster of 77 Superstars, context sensitive 'OMG' moments and an 'Attitude Era' single-player story mode.

Under the settlement, THQ will pay WWE $13.2 million, and pay Jakks Pacific $20 million over the next four years in addition to royalties due for the period ending Dec. 31.