Charity games art auction begins

UKIE has put its entire London Games Festival Art Exhibition collection up for auction for games charity Special Effect. The 100-piece strong collection with be posted for auction in four batches, with the first now live. Additional collections will be added each Monday. Highlights from the first offering include three …

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THQ defaults on $50m Wells Fargo credit

Things don’t look to be improving for struggling publisher THQ, with more financial bad news appearing this morning. THQ has revealed that it has defaulted on a $50 million credit facility with lender Wells Fargo, stating that "loan availability on the Credit Facility was less than 12.5 per cent of …

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