Sega Suing THQ Over Company of Heroes 2 Pre-order ProfitsLuke Brown |
Earlier this year publisher THQ went bankrupt, and was forced to sell off its assets in order to recoup some losses. Sega happened to snap up Company of Heroes 2 developer Relic Entertainment, and now claims it has a right to whatever pre-order profits were earned on Steam the moment THQ declared bankruptcy.
Sega has filed suit with a Delaware Bankruptcy Court, claiming THQ owes $941,710.93 for the 20,000-plus pre-orders for COH2 on Steam from September 2012 through January 2013. According to Eurogamer, Sega is stating at least $508,877.85 must be a priority, as that was what was earned from the moment THQ filed for bankruptcy at the end of December 2012.
THQ has a long line of creditors it still owes money to, with Sega only adding to the reported $200 million the now-bankrupt publisher is already indebted. This is the first time we've seen such a case presented, and the circumstances are certainly unusual. How the court will rule remains to be seen, but we'll be keeping a close eye on further developments in regards to THQ's continued troubles.