THQI Halted, Headlines Say Has Filed for Bankruptcy

Gaming stocks are on watch after THQ (NASDAQ: THQI) files for bankruptcy protection.

[DarthJay]

Pretty sure we all saw this coming, unfortunately. This isn't the end, but it's not good. I hope nothing but the best for everyone involved.

[da_2pacalypse]

We're all just hoping that EA doesn't buy them out... We don't need any of their awesome IP's ruined.

[SilentNegotiator]

Hopefully not EA or any of the big 3.

[shutUpAndTakeMyMoney]

I wish Valve could buy the 4A dev studio. Keep them around.

[showtimefolks]

i hope a good publisher buys them out. like zenimax for example which is a private publisher for games like fallout and skyrim.

stay away from EA,Activision or UBI along with MS.

[Mounce]

Like.....Zenimax?...

.....Ewww....what the hell are you smoking...

[Beastforlifenoob]

Sounds funny but I really think that VALVE should buy them, they most likely won't but it's possible.

[Knight_Crawler]

Activison probably already has a foot in the door ready to purchase them

[-Alpha]

Only a matter of time, but now that it's here the reality of it really hits hard.

Also, I didn't know Jason Rubin was THQ president. Hope things go well for him and everyone else.

I grew up playing wrestling games with THQ. Those games were really fun when I was a kid. They were terrible this generation though, and I hope we see these IPs put into better hands.

[NYC_Gamer]

I hope other publishers are paying close attention or they may share the same fate

[ApolloTheBoss]

Damned Shame.

[WildStyles]

Damn. They've been around for a long time man.

[e-p-ayeaH]

Activision or some other big publisher is going to buy them out probably.

[SoundGamer]

Clearlake Capital already entered into an agreement to acquire THQ's assets.

It will be a hard sell. Someone has to come in and top their $60 million bid (plus $10 million for creditors).

[e-p-ayeaH]

The company and its games needs to be in good hands to survive.

[DiRtY]

Well if you are looking for some IPs to grab you have a good choice here.

[pandehz]

Sad sad :(

Thq and me had a loong relationship

Red Faction, Company of heroes, Saints Row, Dawn of war, Metro 2033, Darksiders.

Dam dam dam

[amaguli]

Even though people saw this coming that doesn't make the news any less sad. I wish the best for the people that will be affected by this.

[ApolloTheBoss]

Somebody PLEASE take Vigil before EA or Activision does. That studio has too much potential to be wasted.

[e-p-ayeaH]

EA could handle it pretty well i think.

[ALLWRONG]

Like they handled Bioware?

[NYC_Gamer]

EA ruins studios

[BlackWolf]

No. Anything but EA.

[isarai]

If anyone were to buy Darksiders, i think Square Enix would do a good job with the series as a publisher

[AngelicIceDiamond]

I hope they find help fast, it would be a shame to see them go after all these years.

[Hydralysk]

Hope this doesn't affect Metro Last Light, and I'm also worried for Volition. Wasn't a fan of red faction, but Saints row 2-3 were what GTA4 should've been, and the Freespace series (R.I.P) are my favorite games of all time.

[nes1987]

No they weren't. GTA 4 is head and shoulders above both of those games. The Saints Row games are childish and catered towards 15 year olds who find fart jokes to be hilarious. GTA 4 had an amazing story with some of the best characters in the series.

[FriedGoat]

GTA 4 was overhyped and boring. San Andreas kicks it's ass hands down.

Saints row was over the top but overly more fun to PLAY in a sandbox environment.

I get realism when I walk outside, The story was ok, didn't like Nico, but anything other than that made me yawn.

[DOMination-]

They are both good!

[Plagasx]

This BETTER not affect the release of Metro Last Light....

[XANDEO]

excacly what I was thinking when I seen the title.....

[kwyjibo]

I hope this allows them to clear their debts, because their 2013 lineup looks like it has winners.

[Dlacy13g]

Lets hope this is a plan to get them going in the right direction and not a precursor to a full blown sell off of assets once everything is finalized on the back end. .

[porkChop]

They filed for bankruptcy protection, and already have a deal in place to be bought out by Clearlake Capital. All their major releases are fine, and THQ will be fine as well. The company is positioning itself for the future. They've now got the funds to get out of their financial situation and make their games even better.

[r21]

I hope THQ doesnt close down anytime soon, they've got alot of great games coming out soon. Also, Im still waiting for SR4 :C

[porkChop]

Yeah they specifically mentioned that the sequels to Saint's Row, Homefront, Metro 2033, etc, are all perfectly fine and have not been affected at all. All their major releases are fine.

[ShaunCameron]

Now I can see why gamers don't want the next-gen to come yet. Too many of their favorite companies are struggling to make it through this one.

[DOMination-]

Thq aren't in this position because they struggled to adapt to the HD era. Its because they released a lot of average games with only one or two gems. And then they gambled everything on a casual market and learned the hard way how unpredictable that market can be.

I think its mainly been Japanese devs that have struggled this gen. Early reports suggest next gen might actually be cheaper so that's a good sign.