by Rainier on Aug. 27, 2009 @ 5:00 p.m. PDT | Filed under
News
This weekend only, Valve is offering the
THQ Collector Pack at 25% off its regular price on Steam, which includes a total of 13 titles such as Dawn of War II, S.T.A.L.K.E.R., Titan Quest, and Company of Heroes.
by Rainier on Aug. 14, 2009 @ 12:02 a.m. PDT | Filed under
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Blood Bowl, based on Games Workshop's board game, is a "game" of American football played by the insane warriors of the fantasy Warhammer universe, allowing you to create and manage teams that will take part in epic battles where fair play is for sissies.
by Rainier on Aug. 10, 2009 @ 12:10 a.m. PDT | Filed under
News
When Warner Bros. bought up most of the Midway studios/assets, it did not include its San Diego locations, which as it turns out has now been poached by THQ, but oddly enough the deal does not include Midway's TNA Wrestling title. Midway has also sold the shares of its subsidiaries in Germany, France and England to the current execs, who will leave their positions when the deals close.
by Rainier on July 28, 2009 @ 5:17 p.m. PDT | Filed under
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For the fiscal Q1 2009, THQ’s net sales climbed 77% (from $137.6 million to $243.5 million compared to 2008) primarily by UFC 2009 Undisputed (2.9 million units sold), and Red Faction: Guerrilla (1 million units sold). In the follow up conference call CEO Brian Farrell revealed that THQ will be bringing the UFC franchise to Wii and handhelds, but gave no further details.
by Rainier on July 27, 2009 @ 12:46 p.m. PDT | Filed under
News
For years now THQ and JAKKS Pacific have been in the process of arbitrating the royalty rate to be paid by THQ to JAKKS Pacific for WWE video game sales, and after various lawsuits, arbitrators have decided that JAKKS is to receive a preferred return payment at a rate of 6% of net sales, rather than the 10% rate it request.
by Rainier on July 1, 2009 @ 6:34 a.m. PDT | Filed under
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JAKKS Pacific has notified WWE that the joint venture between THQ and JAKKS intended to exercise its option to renew the WWE video game license for another 5 years, which is set to expire on Dec. 31, 2009. However, THQ has filed a lawsuit in California Superior Court, Los Angeles County, claiming it was not ready to make a decision with respect to renewal of the license, and is seeking a declaratory judgment that JAKKS was not authorized to unilaterally issue a renewal notice.
by Rainier on June 29, 2009 @ 9:20 a.m. PDT | Filed under
News
Scott Guthrie, formerly Executive Vice President of Publishing for THQ, joins MTV Games as its new Executive Vice President and General Manager, while former Senior Director, Sales and Merchandising for SCEA David Cox also joins as Senior Vice President of Sales.
by Rainier on June 26, 2009 @ 3:56 p.m. PDT | Filed under
News
With Activision's Guitar Hero being a phenomenon, EA's Rock Band going strong, and the branching out of the franchises (DJ Hero, latest Tony Hawk), it is only normal that other publishers/developers are jumping on the bandwagon. THQ chief executive Brian Farrell
revealed that they are also working on a peripheral-based game, saying it's "different from anything else out there and will give us a competitive advantage," although whether or not it's a music-based game was not mentioned.
by Rainier on June 24, 2009 @ 3:20 a.m. PDT | Filed under
News
THQ announced a reorganization of the company’s management team and business units in support of THQ’s focused product strategy. THQ has formed three new business units: 1) Core Games; 2) Kids, Family and Casual Games; and 3) Online, and has promoted key executives to manage each of these units.
by Rainier on June 9, 2009 @ 5:58 a.m. PDT | Filed under
News
Double Fusion has expanded its relationship with THQ as it is now offering a portfolio of dynamic advertising opportunities across new THQ AAA titles for the PS3 including UFC 2009 Undisputed, and MX vs. ATV Reflex.
by Rainier on June 3, 2009 @ 5:13 a.m. PDT | Filed under
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THQ has signed a master licensing agreement with Emergent Game Technologies for the use of Emergent development products, including Gamebryo and Gamebryo LightSpeed, by its internal and external development studios.
by Rainier on June 2, 2009 @ 9:52 a.m. PDT | Filed under
News
THQ has revealed its lineup of titles that it will have on display at the 2009 E3 Expo taking place at the Los Angeles Convention Center on June 2-4, 2009, such as Warhammer 40,000: Space Marine,
SmackDown vs. Raw 2010, MX vs. ATV Reflex and more...
by Rainier on May 28, 2009 @ 10:58 a.m. PDT | Filed under
News
Vogster Interactive's CrimeCraft, powered by the Unreal Engine 3, is an MMO that combines the action of a tactical shooter with the strategy of an RPG. Set in a modern world you take part in the political, economical and social life of a big city.
by Rainier on May 26, 2009 @ 5:49 p.m. PDT | Filed under
News
THQ's executive vice president of publishing, Scott Guthrie, has resigned to pursue another opportunity, effective immediately.
by Rainier on May 6, 2009 @ 2:11 p.m. PDT | Filed under
News
THQ released its financial results for Q4 and fiscal year 2009 revealing that net sales were down about 20% (from 2008's $1,030.5 million to $830.0 million) while net loss ballooned from last year's $35.3 million to 2009's $431.1 million. Sales were driven by the newest WWE title and Dawn of War II. Looking ahead THQ plans to release a slew of titles, including new installments in the MX vs. ATV, SpongeBob, and Pixar's Cars franchises, as well as three titles to be announced.
by Rainier on April 15, 2009 @ 5:40 a.m. PDT | Filed under
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NaturalMotion announced that THQ has licensed its morpheme animation middleware for use on future projects, including an unannounced title by Kaos Studios. THQ recently also licensed NVIDIA PhysX technology, which is tightly integrated with morpheme’s character animation to produce dramatic results.
by Rainier on April 2, 2009 @ 3:37 a.m. PDT | Filed under
News
THQ announced that it has substantially completed the actions necessary to achieve its previously announced plan to reduce fiscal 2010 budgeted annual spending by $220 million.
by Rainier on Feb. 4, 2009 @ 2:19 p.m. PST | Filed under
News
THQ released its financial results for Q3 2009 revealing net sales of $357.3 million, compared to last year's $509.6 mill., and a net loss of $191.8 mill., compared to $15.5 million net income the year before. Sales were driven by Saints Row 2 (2.6 mill. units), WWE SmackDown vs. Raw 2009 (4 mill. units), de Blob (700k units) and Big Beach Sports (1.2 mill. units). However, due to lower-than-expected sales, THQ will further reduce spending through studio dispositions, project and 24% headcount reductions.
by Rainier on Jan. 29, 2009 @ 5:19 a.m. PST | Filed under
News
Mamba Games, headed up by former US THQ executive Robert Neilson, is a new dynamic multi-platform video games publisher announcing the first batch of products to be released throughout the globe.
by Rainier on Dec. 1, 2008 @ 5:47 a.m. PST | Filed under
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Independent in-game advertising company Double Fusion has strengthened its PS3 portfolio by securing exclusive advertising opportunities with another slew of publishers: THQ, SEGA, Eidos and Midway.
by Rainier on Nov. 26, 2008 @ 5:52 p.m. PST | Filed under
News
The
THQ Collector's Pack, which includes one dozen titles from top franchises such as Company of Heroes, Titan Quest, and Dawn of War, is now available via Steam for just $99.99 — a savings of more than $100. In addition to the THQ Pack,
Titan Quest Gold (the complete Titan Quest collection) is available at a 50% savings through Monday, Dec. 1, 2008.
by Rainier on Nov. 24, 2008 @ 6:45 a.m. PST | Filed under
News
Massive and THQ announced a global, multiyear deal naming Massive as the exclusive, dynamic, in-game advertising partner for THQ's upcoming game titles on the PC and the Xbox 360.
by Rainier on Nov. 20, 2008 @ 1:54 a.m. PST | Filed under
News
Last month THQ filed a lawsuit with the US District Court of Central California against Activision, claiming the SCORE International Baja 1000 box cover was too similar to its own BAJA title released the month before, and now the two companies have
settled the case out of court with Activision admitting something was afoot as it has changed the official retail box to something not so identical.
by Rainier on Nov. 5, 2008 @ 2:34 p.m. PST | Filed under
News
THQs Q2 2009 financial result reveals less sales ($164.8 million, compared to 2007's $229.3 million) and higher loss ($115.3 million compared to 2007's 7 million). THQ confirmed the five studios closures and specified that it would lay off 17% of its studio staff (250 employees). To further push the realignment various, yet unannounced titles, have been canceled, while Faction: Guerrilla and Darksiders: Wrath of War are being pushed from their early 2009 dates to further down the year. THQ will release fewer, but more high budget, titles, and bring some of its franchises online (Company of Heroes, WWE).
by Rainier on Nov. 3, 2008 @ 2:07 p.m. PST | Filed under
News
This morning, Wedbush Morgan's Michael Pachter sharply lowered the annual price target for THQ, similarly to what he did
last week with EA before they announced increased loss and pending payoffs, indicating that the Calabasas publisher's upcoming financial result (Nov. 5) might be less rosy than expected.
Earlier today, it was rumored that THQ might close several of its studios, which has now been confirmed to us by its PR. Paradigm Entertainment, Mass Media, Helixe, Locomotive Games and Sandblast Games have all been shuttered, while Juiced Games
reportedly and Rainbow Studios laid off part of their staff.