Take-Two secures WWE games license

Take-Two has agreed a deal to publish WWE video games following an agreement with now-defunct THQ.

Court documents reveal that the deal will save THQ millions of dollars, with WWE and developer Yuke's agreeing to reduce claims against the publisher.

Bloomberg reports that altogether the claims could have exceeded $30 million USD and maybe even $60 million USD.

"By working together to transition development of WWE games going forward the parties have minimised the harm to WWE and Yuke's, which have, in turn, agreed to substantial reductions of their claims," said Take-Two's lawyers in court.

Take-Two will now hire THQ staff members who worked on previous WWE games.

It was also confirmed that Yuke's will continue to develop the WWE games for the forseeable future.

"We can confirm that we have entered into an agreement to publish the WWE video game series that is developed by Yuke's," Take-Two confirmed in a statement to Polygon.

"At this time, the agreement is pending court approval and we anticipate that it will be finalised shortly. We are very excited about the potential of this agreement and will have more to share at the appropriate time."