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RF Generation Message Board | Gaming | Video Game Generation | THQ files for bankruptcy 0 Members and 3 Guests are viewing this topic. « previous next »
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Author Topic: THQ files for bankruptcy  (Read 5854 times)
Izret101
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« on: December 19, 2012, 05:42:36 PM »
http://www.theverge.com/2...sell-off-assets-and-games

They claim nothing is going to change though...
Doesn't really make much sense to me....
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Tynstar
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« Reply #1 on: December 19, 2012, 05:45:41 PM »
That's what happens when you put a ton of money into a controller that is shit. The uDraw was an epic fail.

Saints Row and Darksiders are the only good things they have.
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bickman2k
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« Reply #2 on: December 19, 2012, 05:58:56 PM »
So, was the Humble Bundle a cash grab or a last chance effort?
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Sirgin
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« Reply #3 on: December 19, 2012, 08:46:42 PM »
Quote from: bickman2k on December 19, 2012, 05:58:56 PM
So, was the Humble Bundle a cash grab or a last chance effort?
Humbled by defeat...

I wonder who's going to buy up the Darksiders franchise. Definitely popular enough to warrant more games.
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SirPsycho
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« Reply #4 on: December 19, 2012, 08:51:39 PM »
Damn, the South Park game isn't even out yet. At least its a licensed property and not original, should make it easier in case everything completely sinks.
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InvadErGII
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« Reply #5 on: December 20, 2012, 10:22:40 AM »
I have a good friend who is a producer at Volition...really, really hoping he lands on his feet. It's really a great studio.
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wildbil52
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« Reply #6 on: December 20, 2012, 11:22:14 AM »
Quote from: Tynstar on December 19, 2012, 05:45:41 PM
Saints Row and Darksiders are the only good things they have.

I feel like they have a decent presence on the PC.  Metro 2033 is pretty cool.  So is Space Marine, Dawn of War II, and Company of Heroes.

I think they were counting on Red Faction to be relevant again and it just never happened.
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blcklblskt
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« Reply #7 on: December 20, 2012, 01:28:04 PM »
http://www.ps3trophies.or...unced-Games-Revealed.html

They're filing for Chapter 11 bankruptcy, so they'll continue to produce games.  South Park will still come out!  (I hope)
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Link41
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« Reply #8 on: December 20, 2012, 01:40:28 PM »
Hopefully the WWE games find a good home, and not EA or Activision...
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Shadow Kisuragi
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« Reply #9 on: December 20, 2012, 01:48:09 PM »
Quote from: blcklblskt on December 20, 2012, 01:28:04 PM
http://www.ps3trophies.or...unced-Games-Revealed.html

They're filing for Chapter 11 bankruptcy, so they'll continue to produce games.  South Park will still come out!  (I hope)

...you guys do realize that the only REAL change here is that they've declared bankruptcy, and another firm is backing them financially? The contracts need to be renewed, and some will likely not be, but it sounds like the majority of titles won't be nixed.
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SirPsycho
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« Reply #10 on: December 20, 2012, 02:01:29 PM »
Chapter 11 is just a debt restructuring, but sometimes it ends up being so bad that Chapter 7 follows shortly afterwards.
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Women were the reason I became a monk - and, ah, the reason I switched back... - Morte

Well I, for one, plan on discovering the secrets of the multiverse by rubbing cottage cheese on my belly and eating vast quantities of fresh-water fish. Mmm... cheese. -The Nameless One
Izret101
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« Reply #11 on: December 20, 2012, 05:15:54 PM »
Quote from: Shadow Kisuragi on December 20, 2012, 01:48:09 PM
Quote from: blcklblskt on December 20, 2012, 01:28:04 PM
http://www.ps3trophies.or...unced-Games-Revealed.html

They're filing for Chapter 11 bankruptcy, so they'll continue to produce games.  South Park will still come out!  (I hope)

...you guys do realize that the only REAL change here is that they've declared bankruptcy, and another firm is backing them financially? The contracts need to be renewed, and some will likely not be, but it sounds like the majority of titles won't be nixed.

Quote from: Izret101 on December 19, 2012, 05:42:36 PM
http://www.theverge.com/2...sell-off-assets-and-games

They claim nothing is going to change though...
Doesn't really make much sense to me....

Quote from: Original Article
President Jason Rubin added that "We have incredible, creative talent here at THQ. We look forward to partnering with experienced investors for a new start as we will continue to use our intellectual property assets to develop high-quality core games, create new franchise titles, and drive demand through both traditional and digital channels."
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Cobra
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« Reply #12 on: December 20, 2012, 07:23:22 PM »
I think we all saw this one coming. Wonder if they'll bounce back...
Almost feel as if a game company memorial page is in order... how many once great studios are now gone?
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Izret101
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« Reply #13 on: December 20, 2012, 07:32:16 PM »
Midway/Acclaim/Westwood Studios

I can't think of any other that i care(d) about at the moment.
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Vancha
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« Reply #14 on: December 21, 2012, 03:50:38 PM »
Well now, seems like Ubisoft may be getting some of THQ's franchises in the future. I'm actually quite happy to see that happening.

Always sad to see a big name going down though, just like Midway a phew years ago and I fear more will go down when the next generation fully started
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