Acclaim to be resurrected?
Central Investment Holdings bids for rights to late publisher's name; Crave bids for Dave Mirra Freestyle BMX.
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Acclaim may be dead and gone, but the company's name is not yet forgotten. New York Newsday is reporting today that a tentative agreement has been reached between the trustee for the late company and Central Investment Holdings to sell the rights to the Acclaim Entertainment name for $100,000.
The report also mentioned tentative deals to sell rights for the Dave Mirra Freestyle BMX series and ATV Quad Power Racing 2 to Crave Entertainment for a total of $120,000. All of these deals should stand unless there is a higher bidder for any of these properties in the next few weeks. Neither Central Investment Holdings nor Crave has announced plans for the properties at stake, should they ultimately wind up with them. Crave representatives were not immediately available for comment Wednesday morning.
Previous bankruptcy sell-offs for Acclaim include the street racing game Juiced, which THQ picked up in a bidding war for $10.5 million and released last month, and the company's own headquarters, which Newsday reports fetched $8.5 million.