Back in January, the unfortunate demise of THQ became complete as several developers swooped in to purchase its assets at auction. As a result Relic, the developer of Company of Heroes, is now owned by SEGA, THQ Montreal is under Ubisoft's wing and Volition, the studio behind the Saint's Row franchise, has become a branch of Koch Media.

THQ also used to wield the licence for WWE, and many people have been wondering what exactly has happened to it now the American publisher is no more.

Well, wrestling fans, you'll be happy to hear the licence has not vanished off the face of the Earth as Take-Two, which also took over the Evolve IP for a cool $10 million, has penned a five-year deal to publish WWE games.

Take-Two has filed the game under its 2K Sports line, leading to a rebranding of the series — the next WWE game will be known as WWE 2K14 and it should be out towards the end of the year.

Yukes will still be involved in the game, as it has been for so long, so it's unlikely there'll be any major changes to the gameplay. Take-Two is, however, bringing in Visual Concepts to help with the development, which could breathe a bit more life into the series.

So there you have it, it took a while to pin down but the WWE licence finally has a new home - Take-Two has officially been tagged in to take over. There's no news on which systems the game will be made available for, though it does usually release across a multitude of platforms, meaning a Wii U version is reasonably likely.

What are your thoughts on the move? Do you think Take-Two will do a good job with the franchise? Let us know what you think in the comments section below.