THQ Returns Devil's Third Rights to Valhalla Game Studios

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Valhalla Game Studios has regained the rights to Devil’s Third, following THQ’s decision not to publish the game.

“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,” said the statement.

Itagaki told Famitsu Xbox 360 magazine that his studio Valhalla now owns the Devil’s Third IP outright, and is therefore free to seek another publisher.

“Most important thing is gamers’ happiness,” said Itagaki. “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.” 

Itigaki also revealed that Devil’s Third is almost complete and that the most expensive, and critical, stage of development is now beginning.

“Devil’s Third development is in its final stage now, and is most expensive in this term,” said Itigaki. “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.”

THQ announced its intention to drop Devil's Third back in May

[via Eurogamer]


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