It was supposed to be one of THQ's single biggest projects, but developer Valhalla Games will now have to search for a new publisher.

Eurogamer has learned that THQ has returned the rights to Devil's Third to designer Tomonobu Itagaki and the team at Valhalla. The bottom line is that they just didn't feel it was a good fit.

That being said, former Ninja Gaiden and Dead or Alive guru Itagaki holds no grudges:

"Most important thing is gamers' happiness. And people in business side like distributers and presses. And developers. It's a Happy Three. So we can't thank THQ enough. Anyway, we now own the Devil's Third IP."

Apparently, the game is in the "final stage" of development now and unfortunately, this is the time when it's most expensive. The problem involved the necessary marketing and added cost; hence, THQ didn't see it fitting into their "mid-term plan." Finished Itagaki:

"They didn't want to part with this IP, but we all have to see into the future and at last they did, for us. We were anguished and they were really kind to us. Mr. Danny Bilson was searching for a way to work together until the very end. I do appreciate him and THQ managers that signed the transfer contract."

So who wants to pick this up? How's about you, Square Enix? You nabbed the formerly named True Crime: Hong Kong (now called Sleeping Dogs ) from Activision. Want another high-octane action project…?

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8 years ago

Doesn't bode well for the quality of the title does it? SE should pick it up like Ben suggests, polish the crap out of it and see what happens.

THQ could be kicking themselves if they let go of a tiger once held by the tail.

8 years ago

Ha, your last sentence reminds me of that saying but only in reverse…
"Pet the sweaty things, don't sweat the petty" things"

Lawless SXE
Lawless SXE
8 years ago

I hope SOMEONE picks it up. We don't know much about it, but it certainly seemed to have promise.

8 years ago

poor Tomonobu.
really weird though he almost sounds relieved that there not publishing it any more!
either he does not want to work on it any more, or he was not getting on with THQ management.
this is EXACTLY why THQ are going bankrupt!
this had so much potential to sell really well!
first off its made by one of the biggest best game designers in the industry!
ninja gaiden and dead or alive are 2 of the biggest most famous franchises out there!
secondly its a very rare genre that allot of people really want!
how often do we get a sword fighting and shooter game?
last i can remember is wet, and that was actually a pretty good game!

its almost like THQ WANT to go bankrupt!
the games that cost a bundle, are of low quality, and wont sell well get released in drones.
and the games that would be cheaper to make, will sell well, and are of high quality, get canned!
seriously THQ, why the ^%$# are you canning this over WWE 13?
you really thing that piece of %$#$ will sell better than devils third?
yup, that is why your company is facing bankruptcy!
they could not see the potential in a game if they were offered COD!

i REALLY hope this becomes the industries best selling new IP!
just as a sting to THQ, and hopefully a slap to wake them the f*ck up!

Last edited by ___________ on 7/5/2012 5:20:16 AM