Monday, January 16, 2012

*Rumor* THQ going out of business?

Long time Third Party Developer THQ has been rumored to be going out of business by the end of 2013 with canceling all projects set to release in 2014. If this turns out to be true, I will be very said since THQ has provided Nintendo fans with tons of great games and a lot of memories. Here is some of the rumored info:

"Apparently, The Game Workshops MMO has been cancelled by THQ
@PeterSkerritt they cancelled all of their 2014
Also heard that THQ are offering themselves to Asian firms to increase value!
In addition, word is spreading that THQ has returned IP to Disney AFTER paying the advance, with no refund.
I don't think people quite understand.

This is it.

They canceled all projects targeted for 2014. They only exist right now for the purposes of trying to sell the company."

Link Link Link Link

*Update* THQ Responds to rumors:

"This evening, THQ's Australian PR department issued a statement to the contrary, as posted by VG247. "THQ has not cancelled its 2014 line-up, and has not made any decisions regarding the planned MMO," THQ said. According to the statement, the only reduction to THQ's lineup has been to move focus away from the "kids' boxed games sector" following poor performance of the most recent version of the uDraw. " Our slate for calendar 2012 and beyond is focused on high-quality core games and continues to build our digital platform and business," the statement said. "We are excited for our pipeline of original and high-quality content along with our relationships with some of the best talent in the industry."

Note that THQ said it "has not made any decisions" about Warhammer 40k: DMO -- that's hardly a statement of unwavering support. Regardless, the statement is clear about the rest of the 2014 lineup."

Link to article

Well when a game company is on the verge of going out of business or seemingly so, it's rather big news if you ask me. While it is true that THQ has suffered some set backs with Warhammer, are they trying to hide something that is going on behind closed doors; or are they really not going anywhere after all? 


Biohazard said...

It would be sad if it's true. I enjoyed Warhammer 40,000: Space Marine, Saints Row: The Third , and WWE '12 in 2011. They have Darksiders 2 down the pipeline in 2012 for the Wii U and recently contracted Crytek UK to develop the Homefront sequel, which is arguably the most ambitious move for the company.

Anonymous said...

didnt i call this years ago on this very blog !!!!!!!!!!! i said wii disruption would NEAR CRASH EA / UBISOFT and THQ would deffo die told u so .....