Tag Archives: Mass Media
Mon, Nov 21, 2011 | 18:05 GMT
Tue, Nov 04, 2008 | 06:46 GMT
Paradigm Entertainment, Mass Media, Helixe, Locomotive Games, and Sandblast Games were defunct as of yesterday, while Rainbow Studios and Juice Games have suffered redundancies, a THQ rep admitted.
“It’s just constantly trying to react dynamically to the market,” the spokesman explained, “whether it’s because of things happening to our industry or the economic environment as a whole. It’s making sure that we’re set up over the next three to five years to be profitable and successful.”
In a rumoured email published by Kotaku, company boss Brian Farrell apparently blamed “today’s difficult economic environment” for the turbulence, and promised to have a more in depth explanation of the moves in the conference call following the publication of Q2 results on Wednesday.
Read the full email after the link.