Submitted by VerbalKint27 1051d 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  +   1051d 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 1051d ago ) | Agree(3) | Disagree(0) | Report | Reply
Games4M - Rob  +   1051d 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  +   1051d 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  +   1050d 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
New stories

Hyperdimension Neptunia Rebirth;3: V Generation Comes To Steam October 30, Gets New Screens

6m ago - Idea Factory International has announced that Hyperdimension Neptunia Rebirth;3: V Generation wil... | PC

Telltale's cookie-cutter mechanics make Minecraft: Story Mode familiar fun | Eurogamer

11m ago - How do you craft the world's most well-known sandbox game into a single-player narrative? Like ev... | PC

MoreConsole takes on Destiny: The Taken King

Now - MoreConsole's rag-tag band of guardians finally make it to the Oryx's ship...but can they make it out alive? | Promoted post

Hyperdimension Neptunia­™ Re;Birth3: V Generation Heading To Steam On Oct 30th

34m ago - Compile Heart's latest Hyperdimension Neptunia remake is heading to Steam on October 30th right i... | PC

ZTGD | Dragon Quest Heroes: The World Tree’s Woe and the Blight Below Review

54m ago - Ken McKown writes: If you would have asked me six months ago if I would be considering putting a... | PS4

Why is Deus Ex: Mankind Divided set two years after Human Revolution?

54m ago - Examiner: "Now that games like Deus Ex have a few entries, characters, and a defined arc, the fu... | PC