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THQ Not Creating Toy Story 3 VG is reporting that THQ are not creating the video game for Toy Story 3, due out in 2010, because it doesn’t have the rights to do so. Currently, THQ only have a deal for 4 video games after the merger, starting with Ratatouille. The deal also includes WALL•E, Up and the unannounced 2011 project.

Farrell noted that THQ never had any rights to Toy Story 3, so it was no surprise to them that Disney has decided to develop the videogames internally. The film itself is currently scheduled for a 2010 release.

Because THQ’s current licensing agreement gives them the rights to develop videogame sequels, it won’t actually expire until 2014.

says the article.

Read the full deal here.

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