JAKKS Interactive

Company settles legal dispute with Jakks and extends licence with WWE

Company awarded a 40 per cent royalty rate drop; one-off benefit of USD 23 million reported

Publisher disputes Jakks was authorised to make a decision to renew on behalf of both companies

Publisher also announces a new studio in China to expand its operations in the region

THQ has announced that it has won a court contest with Jakks Pacific over the royalty rate to be paid by THQ for WWE-licensed videogames.

Jakks Pacific has extended its TV Games deal with Namco Bandai for a further three years.