120°
Submitted by NYC_Gamer 614d ago | news

THQ shares drop by almost 50% amid bankruptcy fears

VG247:THQ posted its financial report last night, suggesting that all was not well at the Californian publisher. Aside from stating losses of $21 million, the company also announced delays of Company of Heroes 2, Metro: Last Light and South Park. The move has made investors nervous. (Industry, THQ)

Credit url: vg247.com
Gr81  +   614d ago
It
Will get worse for THQ and other like dev studios. It is sad, but I feel a great wave of economic ruin coming to wash away many game studios for next gen.
bumnut  +   614d ago
It is sad, I like a lot of THQ games. It will be a sad day for gaming when only EA & Activision remain :(
ShaunCameron  +   614d ago
Um. Don't forget Zenimax (Bethesda) and Take-Two (Rockstar, 2K). But yeah, especially if you only play games on Sony's and/or Microsoft's consoles. That's 4 Western publishers. Couple that with 2 Japanese publishers, Capcom and Square-Enix, and that's the next-gen scene in a nutshell.
#1.1.1 (Edited 614d ago ) | Agree(1) | Disagree(0) | Report
BitbyDeath  +   614d ago
Nextgen is said to cost less due to hardware supposedly being more inline with one another.
Venox2008  +   614d ago
yea..... cost less.. :D :D :D
Hufandpuf  +   614d ago
Please don't go under before Company of Heroes 2 and Metro Last Light release. At least go out with a bang!
Detoxx  +   614d ago
Indeed. Metro looks amazing
NYC_Gamer  +   614d ago
THQ killed themselves by spending funds on that drawing crap....THQ went spending crazy on licensed movie/cartoon software like some alcoholic at the bar..... THQ should have just created their own quality original software.....
#3 (Edited 614d ago ) | Agree(13) | Disagree(0) | Report | Reply
ShaunCameron  +   614d ago
Actually it was the UDraw thing for the HD consoles that began their downfall. After its success on the Wii, they thought they could duplicate that on the HD consoles. But the crowd didn't buy it. And them recently banking on Darksiders 2 to be a megahit just might have been the final nail in the coffin. It just didn't have that kind of appeal to pull it off.
Prcko  +   614d ago
ffs,SAVE RELIC,SAVE IT PLZZ!!!
beerkeg  +   614d ago
For once I agree with you. Save Relic.
Bumpmapping  +   614d ago
Cool
bumnut  +   614d ago
?????
mcstorm  +   614d ago
Should make it interesting if they do go into administration as i can see microsoft coming in to buy them and making some of the big ips there own.

I think the last thq game i bought was homefront and not really played any of there games since the n64 days.

I hope they get saved as i dont like to see any developers go bust as we have had to many this gen as it is.
DOMination-  +   614d ago
Honestly i think ms have enough first party now with 20 studios.. But somebody will pick up voalition and relic Im sure and maybe the witcher devs could buy the metro devs due to their geography.
Erudito87  +   614d ago
darksiders 2 on pc was pretty shoddy
Tzunoy  +   614d ago
metro last light then you can go bankrupt :)
Zha1tan  +   614d ago
they have made some really lackluster games as of late with a couple being the exception so well in this conservative consumer climate if you dont sell quality, a brand or market your game to enough idiots you go under.
prototypeknuckles  +   614d ago
I hope they dont did yet, I want darksiders 3 & 4 for fury and strife
Skate-AK  +   614d ago
I don't think it will. Darksiders 2 sold bad for them and the CEO doesn't even think Darksiders is a good franchise anyways.
orchi   614d ago | Spam
ironfist92  +   614d ago
If it wasnt for Darksiders and Metro, I couldnt care less about THQ.

Solution? Make more games like Darksiders and Metro, and less shovelware crap
Hufandpuf  +   614d ago
The only problem is that both those franchises don't sell too well.
ALLWRONG  +   614d ago
Too bad, I like THQ more than I do Activision and EA.
palaeomerus  +   614d ago
Poor Volition and Relic. I'ma miss 'em.
ufo8mycat  +   614d ago
Lackluster games from THQ - so couldn't care less :)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
40°

Late to the Party: Goat Simulator

1h ago - Junkie Monkeys: Ah, good ol’ Goat Simulator. Goat Simulator can be described as the glitch that t... | PC
30°

Dino Hunter: Deadly Shores - How to get free gold, map pieces and cash

6h ago - WP - "Dino Hunter: Deadly Shores is a spinoff of the Deer Hunter series, with (of course) dinosau... | iPhone
30°

Deadstone Gameplay video - Action, tactics and the infected

6h ago - A video which takes a closer look at Timeslip Softworks' action based tactical shooter Deadstone... | PC
40°

Madden NFL 15 Jaguars Team Analysis

6h ago - Madden-School writes, "The Jacksonville Jaguars are unquestionably the worst team in Madden NFL 1... | Xbox 360
Ad

Study Game Design at DeVry

Now - DeVry University, is an accredited* university offering you the flexibility of over 90 locations, online courses and a wide variety of bachelor's a... | Promoted post
30°

WoW Warlords of Draenor Beta: High Poly models, Benchmarks

7h ago - The guys at PC Games Hardware did some graphics cards benchmarks with the Beta version of WoW War... | PC