THQ Not Interested In Renewing Its WWE License?
by Rainier on July 1, 2009 @ 6:34 a.m. PDT | Filed under News
JAKKS Pacific has notified WWE that the joint venture between THQ and JAKKS intended to exercise its option to renew the WWE video game license for another 5 years, which is set to expire on Dec. 31, 2009. However, THQ has filed a lawsuit in California Superior Court, Los Angeles County, claiming it was not ready to make a decision with respect to renewal of the license, and is seeking a declaratory judgment that JAKKS was not authorized to unilaterally issue a renewal notice.
