THQ & DreamWorks Animation ink video game license agreement

MUMBAI: THQ Inc. and DreamWorks Animation have entered into multi-year, multi-property licensing agreements granting THQ the exclusive worldwide rights to develop and publish video games based on DreamWorks Animation’s upcoming animated feature films, Kung Fu Panda: The Kaboom of Doom and Puss In Boots, as well as the popular CG animated television show, The Penguins of Madagascar.

The new agreements grant THQ exclusive worldwide rights to publish interactive games based on these DreamWorks Animation properties for all console and handheld systems, including Xbox Live Arcade, PlayStation Network and Nintendo Wii Virtual Console, and wireless devices.

"The three properties announced today, in addition to MegaMind, underscore our commitment to reinvigorating our portfolio of licensed games for kids and families with top global entertainment brands," said THQ executive vice president kids, family and casual games Doug Clemmer.

"We are pleased to expand our relationship with THQ and continue to be impressed by their focus on the kids and family videogame business," said DreamWorks Animation head Worldwide Consumer Products Kerry Phelan. "We look forward to extending the reach of our feature films and The Penguins of Madagascar TV series into a broad line of games and believe THQ will do a great job of maximizing our properties for family audiences."

THQ plans to release videogames in conjunction with DreamWorks Animation’s theatrical releases. Kung Fu Panda: The Kaboom of Doom is scheduled to be released on 3 June,2011, Puss In Boots is scheduled to be released on 4 November,2011.

THQ previously announced the rights to publish videogames based on MegaMind, which is scheduled to be released on 5 November, 2010.

The popular CG animated television show The Penguins of Madagascar has been running on Nickelodeon since March 2009 and was recently extended to add more episodes. THQ expects to publish the first video games based on The Penguins of Madagascar during its fiscal year beginning 1 April, 2010.

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