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Submitted by Cyrus365 1348d ago | news

Analyst: THQ Too Reliant on Saints Row 2

Next-Gen.Biz writes: "THQ's fiscal 2009 relies too heavily on the success of Saints Row 2, says Janco Partners analyst Mike Hickey.

The recently-delayed Saints Row 2 is THQ's premier title for this fiscal year, but Hickey said in an investor note on Tuesday that the Agoura Hills, Calif.-based publisher's fiscal year depends too much on the game's success.

"Ultimately, if the game's quality underperforms the 'franchise's' original release, future iterations of the game could be in jeopardy, along with the Company's fiscal '09 expectations," Hickey said of the internally-developed and owned title.

'We believe their guided expectations from owned IP in fiscal '09 will prove aggressive given their titles slated for release, weighing too heavily on the success of Saint's Row 2.'" (Industry, PC, PS3, Saints Row 2, Xbox 360)

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