E3 06: THQ hires Stuntman, buys Paradigm
California publisher is making the sequel to the popular 2002 PS2 game, and scooping up the internal Atari studio.
LOS ANGELES--In February, Atari CEO Bruno Bonnell announced that his financially troubled company was shifting development away from its internal studios to external outfits. Then, last month, it announced that it had sold the rights to the Xbox game TimeShift, developed by external shop Sabre Interactive, to Vivendi Games, which promptly announced Xbox 360 and PC versions.
Today, Atari revealed it has killed two birds with one stone. First the company has hocked an IP in development at one of its internal studios. In a terse statement to the media, the publisher announced it has raised $13 million through the sale of TimeShift and Stuntman. The latter transaction involved selling the sequel to the popular 2002 PlayStation 2 game to another publisher.
Which lucky firm gets to do its own publishing stunts? In a parallel announcement, THQ revealed it has bought Stuntman 2, which is in development for next-generation consoles at Atari-owned Paradigm Entertainment. THQ also announced that it has "exercised its option to acquire Paradigm Entertainment," meaning Bonnell has also succeeded in selling off one of his company's internal studios.
"Stuntman is a great complement to our growing stable of original content targeting the core gamer on next-generation systems," said Kelly Flock, THQ's executive vice president of worldwide publishing, in a statement.
Content you might like…
-
Major THQ franchises KIA
Juiced and Stuntman crash and burn as company decides not to pursue the brands; Frontlines PS3, next Destroy All Humans for PS2, and Concrete Games studio also terminated.
- Jan 23, 2008
Users who looked at this article also looked at these content items.
Hot Stories
Newsmakers
-
Mass Effect 2 Interview: Adrian Askarieh
EA producer discusses the latest revelations about BioWare's upcoming sci-fi role-playing game. Full Story
- Posted Nov 10, 2009 11:17 am PT
-
Visually impaired gamer sues Sony Online
Refusal to implement or facilitate changes to make online games more accessible violates Americans with Disabilities Act, suit claims. Full Story
- Posted Nov 6, 2009 3:48 pm PT
- 1224 Comments
Featured Stories
-
Modern Warfare 2 sells 4.7 million in 24 hours
Activision and Infinity Ward's shooter claims largest entertainment launch crown with $310 million in UK, US, and Canadian sales; North American day-one sales hit 3.38 million. Full Story
- Posted Nov 12, 2009 11:02 am PT
- 279 Comments
-
C&C4: Tiberian Twilight falls in March
Final installment of the Tiberium saga heading to PC on March 16 in North America, March 19 in Europe; preorder incentives include exclusive bonus mission and early access to beta program. Full Story
- Posted Nov 12, 2009 8:14 am PT
- 36 Comments
-
Prince of Persia film could generate $2.7 billion-plus - Ubisoft
CEO Yves Guillemot and Jake Gyllenhaal-led action film franchise may generate more than Pirates of the Caribbean; French publisher investing more in game development. Full Story
- Posted Nov 12, 2009 1:37 pm PT
- 112 Comments
-
Xbox Live purged of up to 1 million users - Report
Information Week estimates Microsoft may have suspended 5% of service's subscribers for using modded Xbox 360s--which are now flooding Craigslist. Full Story
- Posted Nov 11, 2009 2:31 pm PT
- 464 Comments
-
Natal release date, price leaked?
British reports peg the Xbox 360's motion-sensing peripheral as launching next November at an artificially low £50 (approx. $83) price point; 5 million-unit initial shipment expected. Full Story
- Posted Nov 11, 2009 11:31 am PT
Submit News
Related Game
- THQ
- Paradigm Ent.
- Mission-based Driving
- Release: Aug 28, 2007 »
- ESRB: Teen
Recent News
-
Final Fantasy XIII due March 9
Square Enix's latest J-RPG headed to North America and Europe in early 2010, Leona Lewis' "My Hands" named as theme song; new trailer inside.
14 Comments
Sign in / Sign up