Update: WWE & THQ Reach a New Eight Year Deal

THQ Inc. (NASDAQ: THQI) and World Wrestling Entertainment, Inc. (NYSE:WWE), leaders in video gaming and sports entertainment, today announced that they have entered into a new eight-year agreement granting THQ the exclusive worldwide rights to develop and publish video games based on WWE®’s content effective January 1, 2010.

WWE grants THQ the exclusive worldwide rights to publish interactive games based on WWE properties across all major gaming platforms and distribution channels.

Since WWE entered the video game market in 1990, it has been a recognized leader and one of the top ten best-selling brands since 1995* according to NPD Group. Through September 30, 2009, THQ has reported net sales of WWE video games in excess of $1.4 billion.

“This agreement ensures that WWE games will continue to be an important cornerstone of THQ’s annual release schedule for the long term,” said Brian Farrell, THQ President and Chief Executive Officer. “We look forward to working directly with WWE to expand their brand in the video game space through continued game play innovation and increased online delivery of WWE content.”

“As one of the most successful video game brands, WWE is excited to work directly with THQ to translate WWE’s colorful characters and ever-changing content into exciting and fresh video games for our fans,” said Donna Goldsmith, WWE Chief Operating Officer.

“This year’s highly rated WWE SmackDown vs. Raw 2010 video game demonstrates the innovation and creativity that THQ brings to WWE,” said Vince McMahon, WWE Chairman and Chief Executive Officer. “This new licensing agreement will ensure that we continue our tremendous success in the video game industry in the years to come.”

oh thats good for them!

All those games are the same to me. They used to make them so much fun for the first couple years. The last game I remember from the series which was really fun was "shut your mouth" or "here comes the pain" . Then they started getting more "realistic".

yay, more shitty SVR games!!!

SVR 09 was a decent game, i havent played 10 yet so i cant comment on that

i prefered SVR 09 to 2010, the latter just has tooo much detail, like the create a story, it takes about an hour just to make half of Raw, half of One Raw, so it would take like 5 years just to do an entire year of Raw
i quit the game after like week an half

I wish they would go back to the early SD games and take what made those games successful then expand on them. '10 was what the FIRST SVR shouldve been for god's sake, that's how far behind THQ are. They are just now picking up their sack because too many people bitched about their lack of progress.

'10 is a pretty good game, i dont like the fact theres no codes to unlock the ppl