Rumor: THQ Selling Itself Off, Cancels 2014 Slate

IGDA Mobile SIG analyst guy Kevin Dent is spreading rumors on Twitter that THQ has cancelled all of its planned 2014 slate — including the Warhammer 40,000 MMO — and is offering itself up for sale to “Asian firms.” They wouldn’t be selling themselves because they’re going under; they’d be doing it to gain some stability, which they have none of right now after closing down a bunch of studios last year.

Of course, THQ issued a statement about these rumors, saying they haven’t cancelled anything and that everything is good. Kind of like how when I worked in the same building as MySpace headquarters a couple years ago, I would witness huge MySpace meetings with beer and ice cream in which the folks at the top would try to convince everyone that things were going well. Here’s the statement.

THQ has not cancelled its 2014 line-up, and has not made any decisions regarding the planned MMO.

As part of the ongoing review of our business, we have made decisions to ensure that the company is strategically addressing the most attractive markets. As we have previously announced, we have dramatically reduced our commitment to the kids’ boxed games sector which leads to a significantly more focused release schedule moving forward. Our slate for calendar 2012 and beyond is focused on high-quality core games and continues to build our digital platform and business. We are excited for our pipeline of original and high-quality content along with our relationships with some of the best talent in the industry.

Additionally, we are thrilled with the great performance of Saints Row: The Third, which on a like for like period in North America has tripled in sell-through from Saints Row 2. In addition, WWE ’12’s worldwide sell-through sales are up almost 40% year-over-year for the same sales period with fewer platforms. According to NPD, for the month of December and the 2011 year, THQ was the #5 publisher overall, #4 third party, with reported sell through growing over 18% in a market that was down almost 6%. And coming up next, we have two great titles for the first half of the year including UFC Undisputed 3 and Darksiders 2.

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1 Comment on Rumor: THQ Selling Itself Off, Cancels 2014 Slate


On January 16, 2012 at 3:47 pm

fake report here