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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.


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Comments  

 
+1 #1 TinHat 2012-01-16 14:00
Didn't they do that other great game 'Company of Heroes' too?
Shame to see a good small company slide, that's where all the niche game ideas come from.
 
 
-1 #2 AeKaBeer 2012-01-17 02:42
By the time this was posted THQ had already rejected these claims. The Dawn of War franchise alone can sustain the company until warhammer 40k MMO dark millennium is released. There are enough fans of the gamesworkshop 40k universe that it will be a hit regardless of quality.
 

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