When license agreements turn sour, you know what's coming next. For World Wrestling Entertainment, THQ, and Jakks Pacific, the result is a Triple Threat matchup between the three companies, jockeying for position over the WWE Smackdown vs. Raw franchise.

Coming soon to the Xbox 360, PS3, Wii, PSP, and DS is WWE Smackdown vs. Raw 2010 with the announcement made by THQ at E3 earlier. THQ's widely popular WWE SmackDown vs. Raw franchise lives on in another title so WWE fans can continue bringing some real pain to the fictional superstars of the game.

This week is heavy on the Wii. We've got publishers and first party devs all looking to pack more games for the Wii. There's Bethesda and their big plan, XSEED and their Ju-on game, some from Capcom, and even a dead rumor rises from the grave to come to the Wii. To cut a long story short, the Nintendo Wii is gonna get swarmed by new games in 2009. There's some good news for the DS and the homebrew side too, so be sure to read up on the recap, brought to you by the Nintendo Weekend Warrior.

Meetings with investors for an earnings call is probably one of the most unlikely places to get word on upcoming games. But that's what we got right here exactly. Word's out that THQ is hoping to release the next installment in the Smackdown vs. Raw franchise sometime later this year, this according to execs who attended that meeting.

It's no secret that publisher THQ is having some financial troubles, especially with the US$ 192 million loss that they reported last month. It looks like things haven't really picked up yet, too, and now the company is planning to close down one of its studios and turning another two into independent studios.

A rumor spread a few days ago that THQ finally folded after months of struggling to keep above water. The rumor was wrong, but from the looks of it, it probably won't be long before it becomes true. Their latest financial numbers show a US$ 192 million loss, and the Saints Row publisher is now planning to reduce their headcount by 600.

Earlier today, a source close to THQ confirmed to N-Europe that the game studio is actually shutting down. Apparently, the staff has already been informed just today of THQ's "imminent closure."

*Update* THQ says the cake is a lie and they're still alive.

RAWR. The analysts in Cowen and Company are projecting that THQ may have a hard time breaking even this year. And why is that? It looks like some of THQ's franchises, namely WWE, Saints Row, and even Spongebob are heading down for Bikini Bottom. That's quite a blow, considering that their franchises have been released across the current gen platforms and handhelds!

Big WWE Smackdown vs. Raw 2009 (Xbox 360, PS3, PSP, Wii, DS) news. A little over a month after we posted an article about THQ's plan to release a patch that'll give your custom superstars an attribute boost, it's now ready and up and running. The plan  was to release the patch before the end of January, so yes, they managed to meet that target on time. More in the full article.

New DLC now available for Smackdown vs. Raw 2009  (Xbox 360, PS3, PSP, Wii, DS) on Xbox Live. As if over 60 characters on your roster isn't enough, you're gonna get three more, plus an alternate attire for one of them. Find out what's in store in the full article.