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===THQ's Closure and Auctions===
===THQ's Closure and Auctions===
In 2012, due to declining sales, various game cancellations and the failure of the uDraw, THQ declared Chapter 11 bankruptcy. They held two auctions to sell off their remaining assets, including subsidiaries, intellectual properties, and games yet to be published such as [[:wikipedia:South Park: The Stick of Truth|South Park: The Stick of Truth]]. The Drawn to Life Series was sold to [[505 Games]] during the second auction in April 2013 for $301,000, which included all rights to the series.<ref>[https://www.polygon.com/2013/4/22/4254116/drawn-to-life-series-acquired-by-505-games-second-thq-auction/ Drawn to Life series acquired bt 505 Games, Polygon]</ref> Almost all their remaining IPs have been acquired by the Austrian studio Nordic Games, who later acquired the THQ name itself and renamed themselves to THQ Nordic. While THQ Nordic was able to revive some of THQ's old series and even acquire more of them, the Drawn to Life series was not among them, as 505 Games still owns the rights.
In 2012, due to declining sales, various game cancellations and the failure of the uDraw, THQ declared Chapter 11 bankruptcy. They held two auctions to sell off their remaining assets, such as:
* Subsidiaries such as Relic Entertainment (sold to SEGA along with the Warhammer 40k license) and Volition (sold to Koch Media)
* Intellectual properties such as Homeworld (acquired by Gearbox Software) and Freespace (taken by the series' previous publisher Interplay Entertainment)
* Games yet to be published such as South Park: The Stick of Truth (picked up by Ubisoft) and Devil's Third (reverted to Valhalla Game Studios and published by Nintendo)
The Drawn to Life Series was sold to [[505 Games]] during the second auction in April 2013 for $301,000, which included all rights to the series except for SpongeBob SquarePants Edition, which Nickelodeon retained.<ref>[https://www.polygon.com/2013/4/22/4254116/drawn-to-life-series-acquired-by-505-games-second-thq-auction/ Drawn to Life series acquired bt 505 Games, Polygon]</ref> Almost all their remaining IPs have been acquired by the Austrian studio Nordic Games, who later acquired the THQ name itself and renamed themselves to THQ Nordic. While THQ Nordic was able to revive some of THQ's old series and even acquire more of them, the Drawn to Life series was not among them, as 505 Games still owns the rights.
=={{Icon|Button}} Notable Games==
=={{Icon|Button}} Notable Games==