THQ gives up ‘Devil’s Third’

Valhalla Game Studios have reclaimed the rights to Devil’s Third, after THQ decided they no longer want to be in control of the new IP.

The original creator of the game, famous Japanese developer Tomonobu Itagaki, is in charge of the team at Valhalla; so at least we now know it’s being take care of by people who are truly interested in making it a success. For those who don’t know, Devil’s Third has been on the drawing board for the past 3 years, but still doesn’t even have a launch window due to the severe financial trouble its encountered.

Here’s what THQ had to say when they confirmed the news to Eurogamer:

“THQ confirms that the company will not be publishing Devil’s Third. All of the game’s IP rights have been returned to Itagaki-san and the Valhalla team.”

Itagaki then gave his views on the decision to Famitsu:

“Most important thing is gamers’ happiness. And people in business side like distributers and presses. And developers. It’s a Happy Three. So we can’t thank THQ enough.

Anyway, we now own the Devil’s Third IP. Devil’s Third development is in its final stage now, and is most expensive in this term. In the West, we need to spend a great deal for advertisements – as much as development cost – to sell a lot.

But it wasn’t fit for [THQ’s] mid-term plan. They didn’t want to part with this IP, but we all have to see into the future and at last they did, for us.

We were anguished and they were really kind to us. Mr. Danny Bilson was searching for a way to work together until the very end. I do appreciate him and THQ managers that signed the transfer contract.”

Written by Raj Mahil

Game collector. Journalism graduate. Batman addict. Movie goer. WWE nut. Sports obsessive. Arsenal fan. Squawka.com Sub-Editor.

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