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Technology Stocks : THQ,Inc. (THQI)

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To: Richard Spitzer who wrote (5882)6/11/1998 8:59:00 AM
From: Sigmund  Read Replies (2) of 14266
 
Interesting that the roles and responsibilities are defined differently in the two PR releases. Probably just a mistake by the JAKKS PR firm but who knows.

FROM THE THQI RELEASE

The wrestling games will be designed, developed, manufactured and marketed by THQ/JAKKS Pacific, a 50/50 joint venture of THQ and JAKKS Pacific. THQ will oversee product development and sales. THQ and JAKKS Pacific will co-manage the marketing and branding of the WWF interactive game line. THQ/JAKKS Pacific plans to publish a minimum of two WWF games per year during the term of the license.

FROM THE JAKKS RELEASE

Under the agreement, THQ/JAKKS Pacific LLC will design, develop, manufacture and market WWF video games. JAKKS Pacific and THQ will co-manage the marketing and branding of the WWF interactive game line. THQ will oversee product development and sales. Plans are to publish
at least two WWF games per year during the term of the license, with the first games currently slated for release in late fourth quarter 1999.
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