If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

THQ owes claimants a reported $200 million in royalties, debt  

A list of THQ creditors have been listed as part of its Chapter 11 Section 363 proceedings earlier this week.

According to a claims register, reported by Gamasutra, some of the claims stem from pending litigation cases and royalties owed.

Some of the royalty claims include Double Fine Productions for PS Plus releases of Costume Quest and Stacking for $595,000.

Codemasters also claims it is owed $1 million for royalties on Dirt 3 and other titles and peripheral licensing fees are owed to Microsoft in the amount of $214,000 plus an additional $888,652 in financing fees.

Former executives Brian Farrell, Jason Kay and Jason Rubin have also filed claims for money owed.

Farrell filed a claim for $6.4 million owed through a "termination without cause" clause in his contract; Kay is is claiming $2.1 million for "employment obligations," and Rubin is also claiming $2.1 million for breach of contract over THQ not informing him of its financial instability when he was hired.

You can look over the entire list of creditors here, some of which are in upwards of $12 million.

GamePolitics did the math, and it appears the firm owes somewhere around the $200 million mark.

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!

Related topics
About the Author
Stephany Nunneley-Jackson avatar

Stephany Nunneley-Jackson

News Editor

Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

Comments