Formalhaut
01-26-2013, 01:53 PM
39759
THQ Dissolved, Assets Auctioned Off (http://www.guardian.co.uk/technology/gamesblog/2013/jan/24/thq-brands-saints-row-homefront)
It is a sad day when THQ, a pre-eminent games developer has filed for what is known as "Chapter 11 bankruptcy". Whatever that means. But basically, THQ is effectively gone. It's been struggling with debt for months, and eventually it can't go on any longer.
THQ is known for primarily for making mediocre wrestling games and the odd movie tie-in abomination, so perhaps the word "quality" doesn't quite spring to mind. However, given how big wrestling is in America, it still was a nice little earner.
http://cdn3.whatculture.com/wp-content/uploads/2012/11/0023.jpg
This is apparently entertainment
However, THQ have had shocking disappointments as well. Does anyone remember the U-Draw? It was a decent, if predictable accessory for the Nintendo Wii, and it made decent sales, given that the average target market for the Wii is between 5 - 10. If it stops children scrawling on the wall, adults thought, then surely the U-Draw would be a good idea!
And it was. But then THQ got cocky, and decided, for some reason, that it will also release it for the PS3 and Xbox360 (http://www.cracked.com/blog/6-reasons-great-game-developer-just-went-bankrupt/). Here, the target market is older and with a penchant for shooting people / monsters, and naturally it flopped. Money was lost.
THQ have made Saints Row: The Third, a GTA-esque game which cranked up the crazy to 1000. I've never played it, but this person (http://www.cracked.com/blog/6-reasons-great-game-developer-just-went-bankrupt_p2/) seems to like at least.
39760
Just another day...
But no matter the odd success, THQ was in heavy debt. And it now can no longer continue. Do you mourn THQ? Have you had any good experiences with them or like me forever associate them with wrestling games?
THQ Dissolved, Assets Auctioned Off (http://www.guardian.co.uk/technology/gamesblog/2013/jan/24/thq-brands-saints-row-homefront)
It is a sad day when THQ, a pre-eminent games developer has filed for what is known as "Chapter 11 bankruptcy". Whatever that means. But basically, THQ is effectively gone. It's been struggling with debt for months, and eventually it can't go on any longer.
THQ is known for primarily for making mediocre wrestling games and the odd movie tie-in abomination, so perhaps the word "quality" doesn't quite spring to mind. However, given how big wrestling is in America, it still was a nice little earner.
http://cdn3.whatculture.com/wp-content/uploads/2012/11/0023.jpg
This is apparently entertainment
However, THQ have had shocking disappointments as well. Does anyone remember the U-Draw? It was a decent, if predictable accessory for the Nintendo Wii, and it made decent sales, given that the average target market for the Wii is between 5 - 10. If it stops children scrawling on the wall, adults thought, then surely the U-Draw would be a good idea!
And it was. But then THQ got cocky, and decided, for some reason, that it will also release it for the PS3 and Xbox360 (http://www.cracked.com/blog/6-reasons-great-game-developer-just-went-bankrupt/). Here, the target market is older and with a penchant for shooting people / monsters, and naturally it flopped. Money was lost.
THQ have made Saints Row: The Third, a GTA-esque game which cranked up the crazy to 1000. I've never played it, but this person (http://www.cracked.com/blog/6-reasons-great-game-developer-just-went-bankrupt_p2/) seems to like at least.
39760
Just another day...
But no matter the odd success, THQ was in heavy debt. And it now can no longer continue. Do you mourn THQ? Have you had any good experiences with them or like me forever associate them with wrestling games?