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
-
World of Warcraft target of latest suit from PSN plaintiff
San Jose man adds Activision Blizzard to growing list of courtroom opponents, takes issue with MMOG fees, alleges ill effects on mental health, seeks $1 million. Full Story
- Posted Nov 25, 2009 12:58 am GMT
- 925 Comments
-
Top US Nintendo PR exec resigns
VP of corporate affairs Denis Kaigler leaves after less than two years at Nintendo of America; no replacement yet named. Full Story
- Posted Nov 24, 2009 12:26 am GMT
- 127 Comments
Featured Stories
-
Red Dead Redemption mounts up in April
Rockstar San Diego's Wild West shooter mounting up on 360, PS3 in early spring; new trailer coming Dec. 1. Full Story
- Posted Nov 25, 2009 6:59 pm GMT
- 145 Comments
-
Rock Band song library hits 1,000
Harmonix and MTV Games reach milestone between on-disc, downloadable tracks for rhythm franchise. Full Story
- Posted Nov 25, 2009 8:04 pm GMT
- 145 Comments
-
PSN Store stuffed for Thanksgiving
PlayStation Store Update: Tekken 6, Little Big Planet hit PSP; Madden Arcade, Diner Dash, and Gravity Crash debut on PS3; PSone classics and PSP Minis each get six new games. Full Story
- Posted Nov 25, 2009 9:58 pm GMT
- 148 Comments
-
Assassin's Creed II slays 1.6 million in one week
Ubisoft says internal sales reports shows critically lauded sequel outselling original by 32 percent. Full Story
- Posted Nov 24, 2009 5:22 pm GMT
- 324 Comments
-
Microsoft patents in-game guide system
Researcher's 2008 patent for "User-Powered Always Available Contextual Game Help" shows Microsoft is considering an in-game guide similar to that of New Super Mario Bros. Wii. Full Story
- Posted Nov 25, 2009 1:13 am GMT
- 290 Comments
Submit News
Related Game
- THQ
- Paradigm Ent.
- Mission-based Driving
- Release: Aug 31, 2007 »
- PEGI: 12+
Recent News
-
Wii sales dipped Thanksgiving week
Nintendo reports 550,000 consoles sold in US during important November 22-28 window; DS Lite, DSi set new handheld record with combined 1-million-unit...
14 Comments
Sign in / Sign up