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THQ Gets More Time To Renew Wrestling Game License

World Wrestling Entertainment has extended the deadline for renewing its game license with THQ to give the publisher time to settle a dispute with venture partner Jakks Pacific, reports Gamesindustry.biz.  The WWE license has been a joint venture between THQ and Jakks, and both would have to be at the table to renegotiate it.  The companies have been odds over breaches of contract, with THQ trying to terminate the partnership.  Wedbush Morgan Securities analyst Michael Pachter predicts that THQ will settle the dispute with a payoff to Jakks in the next two months.

Read more at Gamesindustry.biz.