Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 16 January 2012 10:21

Is THQ up for sale?

Written by David Stellmack

thq logo

All 2014 releases canceled?

A number of rumors have been circulating over the weekend that THQ is seeking a buyer. In addition, there have been suggestions that THQ has canceled its entire 2014 slate of releases.

The situation with THQ is pretty cloudy, but last year the publisher tightened up and slashed staff. This resulted in five studios or teams being laid off. In addition, the publisher also cut both Red Faction and MX Vs. ATV after sales were much less than expected.

We do know that THQ has around ten titles in the pipeline that are currently in development. The publisher also holds the WWE and UFC licenses which are considered to be some of the top video game licenses. Beyond that, the Publisher has Darksiders 2, Metro: Last Light that is scheduled for a summertime release. In addition, the publisher has number of other projects in development as well as a few publishing deals.

When you talk around the rumors that are circulating about the publisher, word is that THQ transferred some IP back to Disney. If these rumors are to be believed, the transfer of IP back to Disney was without a refund, as THQ had already paid the advance. It is unknown which titles or future titles this could affect.

While we don’t know what will happen with THQ, we find it hard to believe that this studio could end up in a Midway-like situation where they are forced to liquidate. While the THQ stock price isn’t setting the world on fire, we like to think that with the release of Saints Row: The Third, which gave the company a little bump and the upcoming release of the new UFC title, might help get things back on track. We suspect, however, if THQ is seeking a buyer, we have to think there will be a number of companies that would be interested.


blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments