Tag Archives: bankruptcy

Section 8 studio and Aliens: Colonial Marines co-developer TimeGate has filed for Chapter 11 bankruptcy protection. Polygon reports the Sugar Land, Texas-based studio filed on Wednesday with total liabilities ranging from $10 million to $50 million. Its top creditors include Epic Games, from which it licensed the Unreal Engine, among …

The auction that could see THQ’s properties sold off one by one begins today, but at least one franchise may not be up for bids. Selling South Park: The Stick of Truth to another company without the consent of South Park Studios would violate its contract, the company claims. Polygon …