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THQ Asset Auction January 22nd

The promised update on Distressed Debt Investing has the latest on efforts to liquidate the intellectual property assets of bankrupt THQ following questions that emerged last week about the proceedings. The latest is that properties will be sold off at auction individually on January 22nd, contradicting previous indications they would be sold as a bundle.

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15. Re: THQ Asset Auction January 22nd Jan 8, 2013, 04:01 spindoctor
 
nin wrote on Jan 7, 2013, 22:53:
I worry the same about SR4. What's to stop someone from buying the IP and abandoning the devs and the work done so far, in favor of starting from scratch with their own angle?

This would not be cost effective at all. Not to mention the only appeal that the Saints Row brand has is that it's an over the top GTA type game. Changing it into something else would be counter productive to the bottom line.

Also, it's worth remembering that Saints Row 3 was going to have a stand alone expansion which was canceled and presumably all the work done on it was going to be rolled into Saints Row 4. I wouldn't expect amazing new things from SR4 as a result. They're almost certainly using the same technology and quite possibly the same city as well. In short, I'm expecting SR4 to be SR3.5 with a lot of content and technology already done. No one would take up the cost of abandoning all that to start from scratch.
 
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