If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

THQ plans to return to profitability in 2010

thqlogo

THQ CEO Brian Farrell plans to return the company to profitability by 2010, he said today.

Building on family game franchises, along with casual games with both premium and budget price points will save the day, said the exec.

Farrell also expects the online gaming market to help solidify sales, and development costs will be further dropped.

Proven console franchises and licensing deals with Marvel and Disney will help significantly, too.

Farrell was speaking in THQ's Q4 and year-end earnings call, which is ongoing.

THQ announced losses of over $430 million for the year ending March today.

Sign in and unlock a world of features

Get access to commenting, homepage personalisation, newsletters, and more!

Related topics
About the Author
Stephany Nunneley-Jackson avatar

Stephany Nunneley-Jackson

News Editor

Stephany is VG247’s News Editor, with 22 years experience (with 15 of them at VG247). With a brain that lacks adhesive ducks, the ill-tempered, chaotic neutral fembot does her best to bring you the most interesting gaming news. She is also unofficially the site’s Lord of the Rings/Elder Scrolls Editor.

Comments