THQ has returned all of Devil’s Third publishing rights to creator Itagaki and his development studio Valhalla Games.
Itagaki first confirmed the news to Japanese gaming magazine Famitsu, with THQ now confirming to Eurogamer that is indeed the case.
THQ confirms that the company will not be publishing Devil’s Third. All of the game’s IP rights have been returned to Itagaki-san and the Valhalla team.
Although Itagaki thanked THQ for their interest in the title, it “wasn’t fit for THQ’s mid-term plan.” The publisher’s decision is believed to have been a result of its ongoing financial difficulties.
We were anguished and [THQ] 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.
Devil’s Third has entered the “final stage” of development, Itagaki confirmed, but a new publishing partner has yet to be unveiled.