120°
Submitted by NYC_Gamer 997d 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  +   997d 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  +   997d 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  +   997d 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 997d ago ) | Agree(1) | Disagree(0) | Report
BitbyDeath  +   997d ago
Nextgen is said to cost less due to hardware supposedly being more inline with one another.
Venox2008  +   997d ago
yea..... cost less.. :D :D :D
Hufandpuf  +   997d ago
Please don't go under before Company of Heroes 2 and Metro Last Light release. At least go out with a bang!
Detoxx  +   997d ago
Indeed. Metro looks amazing
NYC_Gamer  +   997d 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 997d ago ) | Agree(13) | Disagree(0) | Report | Reply
ShaunCameron  +   997d 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  +   997d ago
ffs,SAVE RELIC,SAVE IT PLZZ!!!
beerkeg  +   997d ago
For once I agree with you. Save Relic.
Bumpmapping  +   997d ago
Cool
bumnut  +   997d ago
?????
mcstorm  +   997d 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-  +   997d 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  +   997d ago
darksiders 2 on pc was pretty shoddy
Tzuno  +   997d ago
metro last light then you can go bankrupt :)
Zha1tan  +   997d 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  +   997d ago
I hope they dont did yet, I want darksiders 3 & 4 for fury and strife
Skate-AK  +   997d 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   997d ago | Spam
ironfist92  +   997d 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  +   997d ago
The only problem is that both those franchises don't sell too well.
ALLWRONG  +   997d ago
Too bad, I like THQ more than I do Activision and EA.
palaeomerus  +   997d ago
Poor Volition and Relic. I'ma miss 'em.
ufo8mycat  +   997d 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
20°

Rocket League Review - Nerd Rock from the Sun

20m ago - Nerd Rock from the Sun writes: "Rocket League makes football fun again. In a world where there ar... | PS4
30°

Deception IV The Nightmare Princess Review - GES

20m ago - GES Writes: "Deception IV: The Nightmare Princess revolves around the stories of two daughters of... | PS3
Ad

VII Things That Final Fantasy VII Cannot Lose!

Now - We’re going to see a lot of changes before the upcoming FFVII - Remake sees the light of day and we should be okay with that. But here is our list... | Promoted post
30°

IndieGames: Land of Lamia Preview - You'd Better Not Go Alone

21m ago - Land of Lamia's foreboding forest hides some truly devious puzzle design. It effortlessly uses so... | PC
30°

Bungie Weekly Update – 07/30/2015

22m ago - Cozmo: This week at Bungie we’re inviting you to gaze with us, deep into the Dreadnaught.... | Xbox 360
30°

CeX Review- Harvest Moon: The Lost Valley

49m ago - Denis Murphy writes- Though I certainly wasn't there at the beginning of the series on the SNES b... | 3DS