Welcome to Player Attack!

THQ hands Devil’s Third back to Itagaki, Valhalla

This has not been a good year for THQ, with the company now revealing it has returned action title Devil's Third. All intellectual property and rights to the game have been handed back to Valhalla, the studio run by Ninja Gaiden creator Tomonobu Itagaki.

The public statement from THQ is short and to-the-point:

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.

While disappointing, the news is not necessarily surprising - back in May, Devil's Third was unceremoniously dropped in a week which also saw South Park: The Stick of Truth delayed into 2013. Earlier in the year, the company also slashed jobs after rebranding its Warhammer MMO as a single-player release, following the company's net loss of $55.9 million in the quarter ending December 31, 2011.

THQ reportedly made several attempts to find a new publisher for Devil's Third, but today's revelation proves that was unsuccessful. At this stage, specific terms of the Valhalla deal have not been released, and no new publisher has been announced for Devil's Third, which is reportedly in the last stages of development.

Why not check out our latest vidcast!
Player Attack TV: October 2 2015, SE3 EP31 or subscribe to our YouTube channel.

  • Twitter
  • Facebook
  • email
  • Delicious
  • Google Bookmarks
  • Myspace
  • Digg
  • Reddit
  • StumbleUpon
  • N4G
  • Follow us on Twitter or like us on Facebook

Get The Latest Episode News
Email Address

3 Responses to “THQ hands Devil’s Third back to Itagaki, Valhalla”

  1. […] thanks to a deal signed with Doobic, developer of Combat Arms. Earlier this month, THQ symbolically handed the IP back to Tomonobu Itagaki and Valhalla Studios, amid the ailing publisher's concerns about […]

  2. […] to Tomonobu Itagaki and Valhalla Game Studios, whose in-development Devil's Third was also recently dropped by the struggling […]

  3. […] the collapse of THQ, the rights to Devil's Third are firmly held within Valhalla. South Korean publisher Doobic Game Studios was reportedly attached to the project, but the […]

Leave a Comment

Player Attack Fri 9pm, Aurora

Article Details

Author Bio:

I like video games and music and cups of tea and noodles and beagles and colour-cycling LEDs.
Like me on Facebook?

Popular Articles

Act of Aggression REVIEW: Act of Aggression [PC]

By Kingsley Foreman

Subscribe to our Youtube channel and get all the latest TV episodes.