Category Archives: THQ

THQ properties were sold today at auction. SEGA picked up Relic; Koch purchased Volition and the Metro franchise; Crytek bought Homefront; Take-Two bought Evolve; and Ubisoft bought THQ Montreal and The South Park game.

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Sega was rumoured this morning to be eyeing up a purchase of Relic Entertainment in the run up to today’s THQ auction. Wedbush Morgan analyst Michael Pachter has told VG247 that the deal makes sense and that Sega could probably net the studio for ‘very little’, as THQ has no way to pay the Dawn of War developer.

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Sega is believed to be winning an auction for THQ subsidiary Relic Entertainment.

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South Park Studios has filed a motion to halt THQ’s auction of publishing rights to South Park: The Stick of Truth in development with Obsidian.

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Metro: Last Light has been pulled from GameStop’s digital store front, Impulse. The firm’s VP Matt Hodges told Gamespot the move was to protect consumers in the wake of THQ’s financial issues and “uncertainty of delivery.” Customers can no longer pre-purchase the game digitally, and those who have already done so, can contact GameStop customer service for a refund. Physical pre-orders remain available, as customers can always shift the pre-order over for another game through the retailer. However, it’s unknown at press time if this option will be pulled as well in the future.

The medley is Amazon’s Deal of the Week for six PC downloads and includes Metro 2033, Red Faction Armageddon, Red Faction Guerilla, Homefront, S.T.A.L.K.E.R.: Shadow of Chernobyl and Warhammer 40,000: Space Marine.

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THQ is officially off Nasdaq, according to a recent form 25-NSE SEC filing by the company, as the firm did not appeal the stock market’s decision to delist it.

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Double Fine is interested in buying one of THQ’s licenses, according to chatter from a source close to the matter.

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Artistic success may require multiple products and bravery from both publisher and creative, says Patrick Garratt, with Far Cry 3 proving how valuable risk-taking can be.

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THQ’s attempt to keep its operations in one piece through a sale to Clearlake Capital has failed, with a number of interested parties expected to bid on its individual assets this month.

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Warner Bros. Interactive has been cited as a possible buyer for THQ assets, according to a report coming out of the firm’s US Bankruptcy Court proceedings in Delaware on January 4.

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THQ’s proposed sale to stalking horse Clearlake Capital Group has not gone down well with interested parties.

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The Metro: Light Light Facebook page has posted 10 new screenshots of 4A Games’ upcoming shooter. We’ve inserted the lot for you below. Metro: Last Light is slated for release on PC, PS3, and Xbox 360 during March 2013.

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THQ was delisted from NASDAQ over Christmas, and until the firm’s bankruptcy is settled, it will remain listed only on the Over-the-Counter Market. The game publisher is currently trading under THQIQ at $.22 per share, so if you wish to purchase stock in the firm, you will have to do it electronically or over the telephone instead of through the stock exchange floor. The firm announced it had filed Chapter 11 back in December 2012 and sold “substantially all of the assets” to a “stalking horse bidder” Clearlake Capital Group. Other interested parties will be able to offer competing bids. Thanks, Gamasutra.

Ubisoft is interested in bidding on THQ’s suite of studios and IP, MCV’s sources have suggested.

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The holiday season is replete with sales and I am tired of writing about them so here’s a very brief round up. Amazon has the entire Darksiders franchise on PC for $13.20 – that includes both games and DLC. Rockstar has put every iOS game except Grand Theft Auto: Vice City on sale for 99¢, which is a particularly good price for Chinatown Wars, normally $10. Finally, if you check out the Wii U eShop, you’ll see an indies sale banner – Trine 2, Little Inferno and Chasing Aurora or Puddle (depending on territory) are discounted.

Thanks, Joystiq, Polygon, and Joystiq again.

THQ filed for bankruptcy protection last night, sparking fears over the status of its outstanding products – such as Metro: Last Light and South Park: The Stick of Truth. Company president Jason Rubin has now issued an open letter that plays down the “click-grabbing headlines” that he believes will follow the issue, and assures investors, the press, and gamers alike that the move is natural whenever a company looks to adjust its financial position.

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THQ, Gaia Online, NCsoft and Funcom have joined Operation Game Over, with the result that over 2,100 online game accounts linked to registered sex offenders have been wiped. GamesIndustry reports the new additions to the initiative join Microsoft, Apple, Blizzard, EA, Disney, Warner Bros. and Sony, who collectively erased more than 3,500 accounts in an earlier purge. Operation Game Over is an extension of New York’s Electronic Securing and Targeting of Online Predators Act, which requires known offenders to register their online ID details, offering community hosts the opportunity to ban them. The program is intended to assist in protecting minors from sexual predators.

THQ has confirmed it’s sold “substantially all of the assets” to a “stalking horse bidder,” affiliates of Clearlake Capital Group.

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In our biggest gameplay reveal yet, VG247 got a hands-off preview of 4A Games’ upcoming shooter Metro: Last Light. Feast your eyes on what we saw below.

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