Category Archives: THQ
Mon, Jan 28, 2013 | 16:30 GMT
THQ has almost been sold off entirely, with its back-catalogue expected to shift in coming weeks. In a new interview, former THQ boss Jason Rubin has explained why, had it been a few years later, the publisher would have had a greater chance of survival, thanks to the increased profitability of digital business models.
Fri, Jan 25, 2013 | 20:27 GMT
Fri, Jan 25, 2013 | 18:36 GMT
THQ has told its remaining employees they will have until the end of the day to clear out their desks, as access to the building “will be shut off.”
Fri, Jan 25, 2013 | 10:41 GMT
Ubisoft won big at the THQ auction this week, snapping up South Park: The Stick of Truth and THQ Montreal. The publisher has now issued a full statement on the matter, that confirms THQ Montreal’s development of an unannounced new IP, which could be Patrice Désilets new title ’1666′, or a game known as ‘Underdog.
Fri, Jan 25, 2013 | 02:18 GMT
Sega has issued a statement regarding its deep and abiding respect for the newly acquired Relic Entertainment, and seems comfortable keeping the team focused on its strengths.
Thu, Jan 24, 2013 | 19:43 GMT
THQ president Jason Rubin has said the firm’s remaining assets, which include its back catalog of titles, are to be sold off “in the coming weeks” as part of the Chapter 11 process. Meanwhile, the firm’s former president, Danny Bilson has commented on the sale of THQ’s IP and studios.
Thu, Jan 24, 2013 | 11:06 GMT
Thu, Jan 24, 2013 | 14:59 GMT
THQ’s properties were sold off at auction last night. The 22-hour process saw the remains of the company carved up and sold off to buyers. Sega bought Relic, Ubisoft bought South Park and more. Check out Steph’s in-depth report on the matter here. This morning former THQ president Jason Rubin and boss Brian Farrell have shared further thoughts on the situation.
Tue, Nov 26, 2013 | 17:06 GMT
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.
Wed, Jan 23, 2013 | 15:01 GMT
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.
Wed, Jan 23, 2013 | 02:33 GMT
Sega is believed to be winning an auction for THQ subsidiary Relic Entertainment.
Tue, Jan 22, 2013 | 18:35 GMT
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.
Fri, Jan 18, 2013 | 13:59 GMT
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.
Sun, Jan 13, 2013 | 23:19 GMT
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.
Fri, Jan 11, 2013 | 15:40 GMT
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.
Fri, Jan 11, 2013 | 12:30 GMT
Double Fine is interested in buying one of THQ’s licenses, according to chatter from a source close to the matter.
Fri, Jan 11, 2013 | 00:23 GMT
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.
Tue, Jan 08, 2013 | 09:17 GMT
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.
Sat, Jan 05, 2013 | 14:30 GMT
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.
Thu, Jan 03, 2013 | 22:28 GMT
THQ’s proposed sale to stalking horse Clearlake Capital Group has not gone down well with interested parties.