THQ's recent legal troubles
with sports apparel company Adidas have already come to an end, and today THQ revealed that it will not publish Adidas' MiCoach 24/7
THQ told gaming blog Gamesta
that has no plans to publish the upcoming fitness game, and Adidas confirmed that the two companies ended their conflict with an amicable settlement.
Though the precise terms of the agreement were not disclosed, Adidas' Frank Thomas said the deal will "allow Adidas to get the MiCoach
game to market without delay and without compromising any of its unique features. Through the settlement, each party was recognized for and compensated for their important contributions to the game."
The real trouble between these companies erupted earlier this month, when Adidas sued THQ for $10.6 million, alleging that the publisher failed to complete and release MiCoach 24/7
for Xbox 360.
Adidas said that THQ agreed to publish the title back in December 2010, but roughly one year later, the publisher allegedly told Adidas that it couldn't finish the game.
Though the legal conflict is over, neither Adidas nor THQ have revealed whether MiCoach 24/7
has found a new publisher.
Regardless, the settlement takes a bit of pressure off of THQ, which has been in financial trouble for quite some time. In addition to the lawsuit, the company has also had to deal with increased losses
, uncertain game releases
, and even threats of a Nasdaq delisting