Welcome!

Premium Advice
- My Services
- None
- Other Services
- Champion Funds
- Duke Street
- Global Gains
- Hidden Gems
- Income Investor
- Inside Value
- Million Dollar Portfolio
- Motley Fool Options
- Motley Fool Pro
- Pay Dirt
- Ready-Made Millionaire
- Rule Breakers
- Rule Your Retirement
- Stock Advisor
- *Get a Fool Credit Card

Help Join Now or

Updated: 11/30/2009 4:03 PM					Sponsored by:
	DOW	10344.84	34.92	0.34%
	S&P 500	1095.63	4.14	0.38%
	NASD	2144.60	6.16	0.29%

JAKKS, THQ enter arbitration for videogame license

By Associated Press
July 1, 2009 | Comments (0)

Recs

0

Toy maker JAKKS Pacific Inc. said Wednesday said it had entered arbitration with THQ about the renewal of a videogame license from World Wrestling Entertainment Inc.

JAKKS said it had notified WWE that it wanted to renew the license for an additional five years ending in December 2014 on behalf of a joint venture between JAKKS and THQ. But THQ said JAKKS did not have the right to do that without its consent. It sued JAKKS in California Supreme Court in Los Angeles. The two have initiated arbitration proceedings, JAKKS said in a statement.

JAKKS shares rose 29 cents to $13.12 Wednesday morning.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

DocumentId: 932555, ~/Articles/ArticleHandler.aspx, 11/30/2009 10:36:32 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.