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WRESTLING DEAL BOOSTS SHARES OF GAME MAKER.


Byline: Enrique Rivero Daily News Staff Writer

THQ THQ Toy Headquarters
THQ Territorial Headquarters
THQ Tehsil Headquarters (Pakistan)
THQ The Holy Quran
THQ Theater Headquarters
 Inc. and JAKKS Pacific JAKKS Pacific, Inc. NASDAQ: JAKK is is a multi-brand company that designs and markets a broad range of toys and consumer products and is based in Malibu, California. Its product categories include action figures, art activity kits, stationery, writing instruments, performance  Inc. said Thursday they have signed a 10-year exclusive agreement with Titan Sports Inc. to publish World Wrestling Federation-based electronic games Electronic Games was the first video game magazine published in the United States and ran from 1981 to 1985. Co-founded by Arnie Katz, Joyce Worley and Bill Kunkel, it is unrelated to the subsequent Electronic Gaming Monthly. .

Shares of Calabasas-based video game publisher THQ fell nearly 40 percent over two days in March on the news that it lost its right to license games based on the World Championship Wrestling For the Australian professional wrestling promotion, see World Championship Wrestling (Australia). For the poet, see William Carlos Williams.

World Championship Wrestling (WCW) was an American professional wrestling promotion which existed from 1988 to 2001.
 franchise. Although shares have recovered since, they still are below their 1998 high of $32.43.

News of the agreement helped drive up the value of THQ's stock, which closed Thursday up 2-1/2 at 25-3/4, a 10.8 percent increase. JAKKS stock closed unchanged at 10-1/2.

JAKKS, a Malibu-based toy maker, already has a license to make WWF See Windows Workflow Foundation.  action figures. Privately held Titan Sports owns the WWF.

The first games, to be published on a variety of game platforms, are expected to be released late next year, according to company officials.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jun 12, 1998
Words:160
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