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Old 10-21-2004, 12:00 AM   #1
Vietnamese Crippler
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Uhhh, right...
http://cube.ign.com/articles/558/558300p1.html

October 19, 2004 - World Wrestling Entertainment announced today it has filed suit against a number of parties related to its licenses, including toy manufacturer Jakks Pacific and videogame publisher THQ -- long the home of hugely popular WWE-licensed games.


In essence, the suit alleges that former WWE Senior Vice President of Licensing and Merchandising James Bell and licensing agent Stanley Shenker & Associates, Inc. (SSAI), received money from Jakks in order to secure videogame rights to WWE properties for a joint venture of Jakks and THQ. The suit further alleges that Bell recommended WWE make SSAI its licensing agent after Bell received payment from SSAI.

The suit claims violations under the Racketeer Influenced and Corrupt Organization Act (RICO); violations of the anti-bribery provisions of the Robinson-Patman Act; as well as claims under state law.

WWE is seeking damages as well as a declaration that the videogame license with the joint venture of Jakks and THQ, and a related amendment to the toy license with Jakks, are void due to commercial bribery. This could effectively mean an end to THQ's WWE-licensed titles.

In a statement, WWE CEO Linda McMahon said, "We very much regret having to take this action today, but regret even more the facts and circumstances which have compelled us to do so. WWE's intellectual property is a valuable asset of the Company, and we believe the actions taken today are necessary to preserve the integrity of our licensing process and essential to ensure that WWE receives appropriate and fair compensation for the grant of a license to use our intellectual property."

THQ's multi-million selling WWE-licensed games, including the much-anticipated Smackdown vs. Raw expected next month, already comprise one of the most successful videogame franchises today.

What this will mean for the future of WWE-licensed games -- and, of course, THQ's involvement -- is uncertain. Of course, we'll have more on the situation very soon. Stay tuned.


--------------------------------------------------------------------

There goes all the decent wrestling games on GC
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Old 10-21-2004, 09:39 AM   #2
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Wasn't this posted befrore?
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Old 10-21-2004, 04:49 PM   #3
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I didn't see it
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Old 10-21-2004, 06:22 PM   #4
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SON OF A BITCH!

WTF, they are suing because they think Jakks and company were bribed?

Unless they get AKI Corp making games for them, I'll like;y never play another WWE game again.
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Old 10-21-2004, 06:24 PM   #5
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Quote:
Originally Posted by Drakul
Wasn't this posted befrore?
In the Smackdown vs Raw topic, but seeing as they are Gamecube owners, I dont think they would have seen it.
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