Sega claiming $941,000 from THQ over Company of Heroes 2 preorders
Publisher files motion claiming $941,710.93 over Steam preorders for real-time strategy game after THQ bankruptcy.
A new filing in the THQ Claims Registry reveals that Sega is seeking $941,710.93 from the bankrupt publisher over Company of Heroes 2 preorders through Valve's online store Steam.
Sega purchased the Company of Heroes franchise--and developer Relic Entertainment--for $26.6 million during the THQ bankruptcy auction in January.
Of the $941,710.93 total, Sega claims $508,877.85 as priority under United States bankruptcy laws 11 U.S.C. § 364 (a), 503 (b)(1)(A), and 507 (a)(2). This figure is derived from preorders made after THQ's official bankruptcy filing on December 19.
Sega's filing in the THQ Claims Registry also includes an itemized statement showing a detailed summary of exact preorder figures through Steam--information neither Sega nor THQ ever released.
According to the document, through January 24, 2013, gamers preordered a total of 20,755 copies of Company of Heroes 2 through Steam. Most popular was the standard edition of the game, moving 14,068 units in all after chargebacks/returns.
A full breakdown is available in the chart below.
Company of Heroes 2 was, of course, not only available through Steam. The game, prior to its launch late last month, was available for preorder at Sega's own online store, GameStop, Amazon, and other major retailers.
The Sega filing also reveals information regarding its revenue sharing contract with Valve-Steam.
Net Steam sales for all 20,755 copies of Company of Heroes 2 reserved through the distribution service totaled $1,345,301.29. The cut Sega claims it is owed--$941,710.93--is 70 percent of the total, meaning Valve-Steam took 30 percent.
Sega is far from the first to lodge a claim against THQ. In the time since THQ went bankrupt last year, the company's creditors at large have claimed hundreds of millions in owed money. A long list of companies like Mattel, Microsoft, Double Fine, and Codemasters, as well as former executives like Jason Rubin and Brian Farrell have all filed claims against the company.
GameSpot has reached out to Sega for additional comment.
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