THQ secures new Dreamworks licensing agreements

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THQ and DreamWorks Animation SKG today announced they 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 CG animated television show, The Penguins of Madagascar.

“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 Doug Clemmer, THQ Executive Vice President, Kids, Family and Casual Games.

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.

THQ plans to release video games in conjunction with DreamWorks Animation’s theatrical releases, as follows:

– Kung Fu Panda: The Kaboom of Doom, the sequel to the blockbuster hit, Kung Fu Panda, is scheduled to be released on June 3, 2011.

– Puss In Boots, based on one of the most beloved characters in the Shrek universe, is scheduled to be released on November 4, 2011.

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

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