THQ Inc. (NASDAQ:THQI) and DreamWorks Animation SKG, Inc. (NASDAQ:DWA) today announced that 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 popular CG animated television show, The Penguins of Madagascar.
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.
"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.
"We are pleased to expand our relationship with THQ and continue to be impressed by their focus on the kids and family videogame business," said Kerry Phelan, Head of Worldwide Consumer Products for DreamWorks Animation. "We look forward to extending the reach of our feature films and The Penguins of Madagascar series into a broad line of games and believe THQ will do a great job of maximizing our properties for family audiences."
THQ plans to release videogames 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 videogames based on MegaMind, which is scheduled to be released on November 5, 2010.
The popular CG animated television show The Penguins of Madagascar has been running on Nickelodeon since March 2009 and was recently extended to add more episodes. THQ expects to publish the first video games based on The Penguins of Madagascar during its fiscal year beginning April 1, 2010.
Kung Fu Panda 2 was released May 26th, 2011 and stars Angelina Jolie, Seth Rogen, Jack Black, Dustin Hoffman, David Cross, Lucy Liu, James Hong, Gary Oldman. The film is directed by Jennifer Yuh Nelson.
Shrek 2 was released May 19th, 2004 and stars Mike Myers, Eddie Murphy, Cameron Diaz, Julie Andrews, Antonio Banderas, John Cleese, Rupert Everett, Jennifer Saunders. The film is directed by Andrew Adamson, Kelly Asbury, Conrad Vernon.
Puss in Boots was released October 28th, 2011 and stars Antonio Banderas, Salma Hayek, Zach Galifianakis, Billy Bob Thornton, Amy Sedaris, Constance Marie, Guillermo del Toro, Rich Dietl. The film is directed by Chris Miller.