60°
Submitted by VerbalKint27 890d ago | opinion piece

A Look at THQ'S Troubles

As most people should know by now, THQ are having serious financial issues. Share prices fell to such an extent that they almost got de-listed, sales of titles haven’t been meeting expectations and now they’re having to default on a loan they’ve taken out.

Whilst most of you don’t really care about the business behind the games, it’s necessary to give a little run-down on what it is that’s going on here. The games industry, after all, is a business and having a greater understanding of what’s happening behind the PR and marketing of a game wouldn’t hurt. (Industry, Metro 2033, PS3, THQ, Xbox 360)

NYC_Gamer  +   890d ago
THQ made some dumb mistakes and now they are paying the price.It's sad but doubt THQ will be the last publisher/studio to crumble due to financial problems.The industry is changing and mistakes aren't acceptable now days.
#1 (Edited 890d ago ) | Agree(3) | Disagree(0) | Report | Reply
Games4M - Rob  +   890d ago
Greart article.

My only concern with THQ is that they finish and release Dawn of War 3, then sell the rights to another publisher.
Eldyraen  +   890d ago
Nice look into financial side of gaming and repercussions of some poor decisions on top of bad luck (Darksiders 2 for example---great IP that just can't catch a break). I'm sorry they're doing badly but they're neither the first or last Developer/Publisher to decline or even fall but I hope they can rebound. They've been taking some huge gambles hoping they'd pay off and in some ways they have but critical and financial success unfortunately don't always go hand in hand.

I have my worries about Metro actually, not because I don't think the game will be fun but that, again, sales might not be that impressive for a company that desperately needs the revenue (I hope devs don't lose original focus for sake of mass market though as that is always something that can and often does happen). Other than Metro I'm really looking forward to PC titles like Company of Heroes and enevitable Wargammer titles as they've always been a great time.

Hopefully if they do go under someone comes along and picks up the IPs and don't just let them die off. I'm still glad Ubisoft was one to comment on it as I like Ubi all around (exception being DRM/Uplay like more and more companies are going--not a deal breaker for me but disappointing "progression" in general).
RinseWashRepeat  +   890d ago
Like the end of the article says, most games companies have some bad financial news floating around.

With the markets as jumpy as they are, it really doesn't take much for you shares to take a serious dip.

Another concern is that it's not even big name IPs are guaranteed to sell anymore. BLOPS 2 has sold less than last year's COD and titles with a lot of marketing push have still struggled. Playstation battle royale rumble all stars, or whatever it's called, debuted in the UK charts in the 30's. Ouch.

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
30°

Project Cars Review: Bringing Up The Rear | Shacknews

20m ago - Shacknews: The world of car-racing games has been in dire need of a true simulator experience gi... | PC
30°

Project Cars Review | IGN Spain

20m ago - IGN: Slightly Mad Studios, creator of Project CARS is a relatively recent study, founded in 2009... | PC
Ad

Help Myriad get through Steam Greenlight!

Now - Myriad is a twin-stick shooter that grows more beautiful the better you play, where you build and then destroy the game space in glorious chain rea... | Promoted post
40°

Wolfenstein: The Old Blood Review | Softpedia

33m ago - SP: The Wolfenstein series has delivered some pretty impressive shooter experiences over the yea... | PC
30°

Where is our Project CARS review?

35m ago - DTOID: Project CARS is at the starting line raring to go, but before the green flag waves, some... | PC
20°

Sovereignty: Crown of Kings Hands-on | IlVideogioco

40m ago - The old Empire is crumbling. Younger hungrier realms wait like vultures for their chance to pick... | PC