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Stories about: THQ


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Interplay Owns Freespace Franchise, Might Plan New Space Sim

Video game publisher Interplay is the new owner of the Freespace franchise, after acquiring it from developer Volition and publisher THQ for a sum of just 7,500 dollars (5,600 Euro). The series was sold after THQ entered the bankruptcy process, according to Gamasutra. The first and second Freespace titles are some ...

7 June 2013
05:41 GMT

Metro: Last Light Was Developed Under Harsh Conditions

Former THQ President Jason Rubin shared with gamers the harsh conditions under which 4A Games, the developer behind the new Metro: Last Light shooter, created the game and highlighted just how good of a job the Ukrainian studio did with the new title. Metro: Last Light was a joint project between 4A and THQ but, aft...

16 May 2013
10:36 GMT

Bilson: THQ Never Knew It Was in Deep Trouble

Danny Bilson, who served as executive vice president at THQ for four years, says that the now bankrupt publisher never understood how deep its problems were and acted as if it could stage a quick and substantial turnaround. The former executive tells GamersIndustry.biz that, “I’m not kidding, okay: we kn...

14 May 2013
09:46 GMT

WWE 2K14 Confirmed for October 29, NBA 2K14 Arrives on October 1

Video game publisher Take Two has revealed its financial results for the past fiscal year and the company also used the occasion to announce that it will deliver WWE 2K14, its wrestling-themed experience, on October 29 of this year on current-gen consoles from Sony and Microsoft.The launch line-up for the coming mont...

14 May 2013
07:04 GMT

Double Fine Keen on Acquiring Full Rights of Stacking and Costume Quest

Double Fine Productions, the independent developer owned by designer Tim Schafer, is still keen on acquiring the full rights for the Stacking and Costume Quest titles, which were sold to Nordic Games after THQ's bankruptcy. Double Fine partnered with THQ back in 2010 and 2011 to release Stacking and Costume Que...

13 May 2013
20:51 GMT

Tiger Woods PGA Tour and UFC Will Not Launch in the Coming Year

Electronic Arts, one of the biggest video game publishers in the world, confirms that it has no plans to launch new titles in the Tiger Woods PGA Tour and the UFC franchises during the coming fiscal year, which ends on March 31, 2014. A representative from the company tells Joystiq that the two video games are still...

8 May 2013
17:02 GMT

South Park: The Stick of Truth Still Scheduled to Appear in 2013

South Park: The Stick of Truth, the role-playing game in development at Obsidian and set to be published by Ubisoft, is still on track for a 2013 release, at least according to the French company. THQ was initially set to publish South Park: The Stick of Truth at the beginning of the year but, due to its bankruptcy,...

3 May 2013
05:11 GMT

Older THQ Games Will Be Available Online, Fresh Sequels Are Coming

Nordic Games, the new owner of many older franchises and games made by the now-bankrupt THQ, has confirmed that its first goal is to make most of the older titles available through online services, while working on sequels for a lot of them. After its bankruptcy, THQ was forced to sell its intellectual properties an...

30 April 2013
03:35 GMT

Darksiders Franchise Owner Is Still Talking with Studios, Doesn't Want Low-Quality Sequel

Nordic Games, the publisher who acquired many of THQ's remaining franchises, including Darksiders or Red Faction, has confirmed that it's still talking with actual development studios and doesn't want to produce any low-quality sequels. The remainder of THQ's portfolio was auctioned off earlier t...

25 April 2013
07:00 GMT

Darksiders, Red Faction Sold to Nordic Games

We have found out that the Homeworld license is now linked to Gearbox Software, but a number of other THQ properties were sold at the company’s final auction, bringing in another 6.55 million dollars (5.02 million Euro) to help settle its debt. Darksiders and Red Faction, two high-profile series, are now owned...

23 April 2013
02:35 GMT

THQ Auction Gets Final Bids, Remaining IPs Will Be Sold in May

The remaining properties still owned by bankrupt publisher THQ, like Darksiders, Red Faction, or Homeworld, will be sold at an auction in May and the bids have already been filed by the companies interested in them. THQ filed for bankruptcy at the beginning of the year and was forced to sell off its internal studios...

22 April 2013
02:32 GMT

THQ Games Disappearing from PAL PlayStation Store, Still Available in North America

Without any prior warning, it seems that Sony has taken down quite a lot of games published by THQ from the PlayStation Store in PAL regions like Europe, Australia, New Zealand or the Middle East, including Red Faction: Guerrilla, Warhammer 40,000: Space Marine, de Blob 2, Costume Quest, Stacking, and more. THQ went...

30 March 2013
01:18 GMT

Darksiders Franchise Might Be Purchased by Crytek USA Boss

Crytek USA boss David Adams, the former general manager of Vigil Games, has revealed that he's planning to make a bid for the Darksiders property at the upcoming THQ auction, as he doesn’t want the IP to fall into the hands of other companies. The Darksiders franchise has delivered some great experiences ...

29 March 2013
06:44 GMT

Metro: Last Light Lost No Development Time After THQ Demise, Says Developer

Despite the move from failing THQ to new publisher Deep Silver, the team at 4A Games has lost very little development time on Metro: Last Light and the new May launch date reflects the changed development process that a new business relationship entails. Huw Beynon, the global brand manager at Deep Silver, tells VG2...

15 March 2013
09:29 GMT

THQ to Auction Off Darksiders, Red Faction, More in April

THQ has just confirmed that it's going to organize a special auction in April that will focus on its remaining franchises, including Darksiders, Red Faction, MX vs ATV, Homeworld, and much more. THQ, after plenty of financial problems, went bankrupt at the beginning of the year and saw most of its properties, i...

28 February 2013
11:31 GMT

Double Fine Wants to Acquire Costume Quest and Stacking Rights

The development team at Double Fine says that it is interested in getting back all the rights to its titles Costume Quest and Stacking, which are currently held by the rapidly disappearing THQ corporate structure. Justin Bailey, a representative of the company, tells Polygon that, “We are optimistic about rega...

28 February 2013
04:27 GMT

Take Two Picks Up WWE License, Has Big Plans for It

Video game publisher Take Two is getting the rights to the WWE license from the quickly disappearing THQ and apparently has big long-term plans for wrestling-based content. An official statement from Take Two to Polygon reads, “We can confirm that we have entered into an agreement to publish the WWE video game...

14 February 2013
10:01 GMT

Canceled MMO and Homefront Sank THQ, Says Former President

Jason Rubin, the former president of THQ, believes that the financial problems that brought the company down cannot be wholly blamed on the big changes of the video games industry and that leadership needs to accept responsibility for its mistakes. Speaking to MCV, the executive says, “The incredible losses at...

1 February 2013
18:41 GMT

Publishers Should Be Quicker to Greenlight and Cancel Games

Lee Jacobson, the former vice president of Business Development and Licensing for bankrupt publisher Midway, has talked about the recent situation of THQ and advised big game publishers to be more decisive with their projects in order to avoid a similar fate. Midway was one of the first video game publishers to go b...

31 January 2013
15:11 GMT

Crytek Wants to Involve Fans in Homefront 2 Development

Developer Crytek is the new owner of the Homefront franchise and the company says that development of the second game in the series is only minimally affected by the problems that former owner THQ faced and that a 2015 launch is still possible. Nick Button-Brown, who is the general manager of games development at Cr...

29 January 2013
19:31 GMT

THQ Could Have Survived in a Digital Future, Says Former Leader

Jason Rubin, the former boss of publisher THQ, believes that his company could have survived and even thrived in a gaming future that’s dominated by digital distribution and online games. Talking to Game Informer, the executive states, “Based on that change, in a few years, a THQ would be able to survive...

29 January 2013
17:59 GMT

Crytek USA Studio Established with Vigil Games Core Staff

Crytek, the independent developer responsible for plenty of franchises, including Crysis, has just confirmed that it's set up another regional studio, this time in Austin, Texas, in the form of Crytek USA, which has just employed the core team of now-defunct Vigil Games. Vigil Games has been in the news in the ...

29 January 2013
04:07 GMT

Deep Silver Is a Perfect Fit for THQ's Saints Row and Metro Franchises

Deep Silver, the games publisher owned by Koch Media, has confirmed its recent acquisition of development studio Volition and of the Saints Row and Metro franchises from bankrupt company THQ, calling the acquisition a perfect fit. Struggling publisher THQ declared bankruptcy late last year and was forced to sell off...

28 January 2013
16:21 GMT

Ubisoft Ready to Welcome Back THQ’s Patrice Desilets

Yannis Mallat, an executive working at publisher Ubisoft, says that the company is looking forward to working with Patrice Desilets, who worked on both Prince of Persia and Assassin’s Creed before leaving the studio in order to join THQ and head its Montreal team. The executive is quoted by CVG as saying that,...

28 January 2013
09:59 GMT

Vigil Games Not Finding a Buyer Is a "Travesty," Former THQ Boss Says

Jason Rubin, the new president of THQ appointed last year, has once again emphasized just how tragic the fact that the company's Vigil Games studio didn't find a buyer during the recent bankruptcy auction is. After plenty of financial struggles, THQ was forced to declare bankruptcy and sell its franchises ...

28 January 2013
04:11 GMT

Weekend Reading: THQ's Legacy Will Live On

Without a doubt, one of the biggest pieces of news in the last week was the auction of THQ's internal studios and its different franchises. While THQ's bankruptcy plan initially mentioned that the company was going to be bought outright by another entity, creditors objected and forced the company to organiz...

26 January 2013
15:31 GMT

Darksiders Developer Was Working on Unique Game Before Shutdown

Vigil Games, the developer of games like Darksiders 1 and 2, was working on a special project, codenamed Crawler, that was set to blow people away, according to one of its designers, but this didn't get companies to invest in the studio. THQ's bankruptcy auction saw the sale of plenty of big developers and...

25 January 2013
09:00 GMT

Remaining THQ Franchises Will Be Sold at a Different Auction

Remaining THQ franchises, including Darksiders, MX vs. ATV, and much more will be sold at a different auction, according to THQ's president Jason Rubin. THQ, after plenty of financial problems, was forced to file for chapter 11 bankruptcy and auction off its different franchises and studios. We already saw the...

25 January 2013
04:56 GMT

Homefront 2 Won't Be Impacted by Crytek's Acquisition of the Series

Crytek has released an official statement after buying the Homefront franchise from THQ, confirming that the acquisition won't affect the work that its UK studio is already doing on the upcoming Homefront 2. Homefront 1 wasn't that successful and forced THQ to partner with another developer, Crytek, to cre...

25 January 2013
03:33 GMT

Platinum Games Interested in Darksiders Franchise

Platinum Games, the studio behind games like Bayonetta, Vanquish, or the upcoming Metal Gear Rising: Revengeance, is interested in THQ's Darksiders franchise, especially since no other company decided to place a bid for it at the recent bankruptcy auction. Many THQ studios and franchises were auctioned off yest...

24 January 2013
02:34 GMT

Vigil and Darksiders Find No Buyer in THQ Auction

Video game publisher THQ says that it has not managed to find a buyer for developer Vigil Games and its Darksiders franchise during the recent auction process.This means that the two assets will remain part of the Chapter 11 bankruptcy procedures that are now underway and that THQ might sell them at a later date and ...

23 January 2013
18:10 GMT

SEGA Buys Relic, Ubisoft Gets Montreal and South Park in THQ Auction

The assets of video game publisher are now officially sold, with SEGA the owner of Relic, Crytek picking up the Homefront property, Take Two getting Evolve and its unannounced title, Ubisoft receiving ownership of the Montreal studio and the South Park franchise while Koch Media is in charge of Volition and the ...

23 January 2013
17:38 GMT

Sega Can Afford to Buy Relic Entertainment, Analyst Says

Japanese company Sega can certainly afford to buy Relic Entertainment, the studio behind franchises like Warhammer 40,000: Dawn of War or Company of Heroes, at least according to analyst Michael Pachter. THQ's franchises and internal studios are going to be sold at a bankruptcy auction later today and Sega has ...

23 January 2013
10:24 GMT

South Park Studio Objects to THQ's Sale of The Stick of Truth

All of THQ's assets are set to be sold later today to different bidders as part of the company's bankruptcy auction, but South Park Digital Studios has just filed an objection over the sale of the upcoming South Park: The Stick of Truth game, which was set to be published by THQ soon. THQ's bankruptcy...

23 January 2013
04:53 GMT

Incoming 2013: South Park: The Stick of Truth

What we know:  South Park: The Stick of Truth is an upcoming game from Obsidian Entertainment and set to be published by THQ for the PC, PlayStation 3 and Xbox 360 platforms later this year. Unlike previous South Park games that only tried to use the cult TV show as a background for creating different types of...

15 January 2013
04:06 GMT

Double Fine Interested in THQ's Franchises

Another company has been named among those interested in the upcoming auction of THQ's franchises, in the form of Double Fine Productions, the independent studio behind hits like Psychonauts, Costume Quest, or Stacking. Double Fine has specialized in creating lightweight downloadable games that explore unique i...

14 January 2013
03:28 GMT

Incoming 2013: Metro: Last Light

What we know: Metro: Last Light is the successor of Metro 2033, an atmospheric first-person shooter based on the famous book that tasks players with surviving in a post-apocalyptic version of Moscow by exploring its subway tunnels, fighting off mutants caused by the radiation of nuclear bombs, and trying to save hum...

12 January 2013
03:07 GMT

THQ's Internal Studios Will Also Be Auctioned Off on January 22

THQ's upcoming bankruptcy auction, which takes place on January 22, will not only see the company's different properties, including its video game franchises, sold to potential bidders, but also its internal studios, including groups like Volition, Vigil Games, Relic Entertainment, or THQ Montreal. THQ dec...

9 January 2013
13:11 GMT

Electronic Arts Interested in THQ Franchises

Electronic Arts has been named among the other investors that are interested in THQ, especially since the bankruptcy process will now contain an auction for the different franchises owned by the struggling publisher. THQ, after many financial problems, revealed last month that it was going bankrupt and that a buyer ...

8 January 2013
05:00 GMT

Guillermo del Toro in Talks with Big Company About Insane

Guillermo del Toro, the filmmaker famous for great movies like Hellboy or Pan's Labyrinth, has confirmed that his Insane video game project has attracted the attention of very big companies in the industry. Del Toro has already established himself as a great creator of stories, whether they're for movies o...

7 January 2013
19:01 GMT

THQ Assets to Be Sold at Auction on January 22

A number of interested video game companies, including Ubisoft and Warner Bros., are now expected to bid on a number of THQ assets in about two weeks, with an initial sale set at the moment for January 22. The announcement comes after a meeting which involved THQ, interested parties, a judge and stalking horse bidde...

7 January 2013
17:02 GMT

Warner Bros. Interested in Certain THQ Franchises

THQ's bankruptcy process might not end as soon as the company and its potential buyer, Clearlake Capital, had hoped, as a judge has ruled that a new hearing will be convened later today, January 7, and hinted that the publisher might be forced to individually sell off its franchises to interested parties, includ...

7 January 2013
07:50 GMT

THQ's Bankruptcy Receives Objections from Creditors and U.S. Trustee

The ongoing bankruptcy process started by THQ last month is in danger of not reaching its conclusion next week, as a U.S. Trustee and a group of creditors that supported THQ in the past have posted objections, thereby impeding the whole procedure. THQ, after months of struggling to stay profitable and keep its diffe...

4 January 2013
14:51 GMT

Metro: Last Light Gets New Screenshots

Quite a few new Metro: Last Light screenshots have appeared on the web, showing off plenty of new environments from the upcoming shooter, both inside the metro tunnels and on the surface, with the irradiated ruins of Moscow. Metro 2033 impressed a lot of gamers, even if its quality wasn't that great. With the u...

3 January 2013
10:11 GMT

Analyst: Sandy Hook Shooting Might Scare Video Game Investors

Doug Creutz, an analyst watching the video game industry for Cowen and Co., believes that the backlash against violent media experiences that emerged after the fatal school shooting at Sandy Hook in Newtown might scare away investors. The biggest potential long-term problem is the new bill from Senator Jay Rockefell...

27 December 2012
18:31 GMT

Metro: Last Light Gets Fresh Screenshots

Metro: Last Light has just received a brand new batch of screenshots that show off both the subway tunnels underneath Moscow, where most of the action takes place, as well as the ruins of the once famous city that have been ravaged by nuclear explosions. Metro: Last Light has received a wide variety of details in th...

27 December 2012
16:41 GMT

THQ's Bankruptcy Won't Impact Games Currently in Development

THQ president Jason Rubin has talked about the company's bankruptcy, which was made public earlier this week, and explained in simple terms just what the procedure means and how it will allow the company and its internal studios to continue working on the games they already have in development. THQ was in a dir...

21 December 2012
12:41 GMT

Ubisoft Interested in Buying THQ, Report Says

Ubisoft might actually make a bid for THQ, as a new report suggests that the French company could snatch up the U.S. publisher during its bankruptcy process. THQ, after many months of financial turmoil, declared bankruptcy earlier this week and quickly confirmed that it already has one buyer lined up for all of its ...

21 December 2012
10:07 GMT

THQ’s Atlas, Evolve, 1666 and Crawler Revealed by Bankruptcy Documents

The documents that video game publisher THQ has filled for the recently announced bankruptcy process have revealed a number of titles that the company had been working for before it was forced to seek protection from its creditors. The newly opened Montreal studio of THQ is working on 1666, while the Vigil Games stu...

19 December 2012
16:11 GMT

THQ Officially Files for Bankruptcy, Is Looking for a Fresh Start

THQ has officially confirmed that it's filed for chapter 11 bankruptcy and that it's already entered an Asset Purchase Agreement with Clearlake Capital Group, who'll buy practically every asset of the ailing publisher. THQ wanted to compete with the likes of other big publishers like EA or Activision ...

19 December 2012
15:24 GMT


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