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According to Yahoo Finance, THQ has filed for Chapter 11 bankruptcy in the US District Court in Delaware. According to the filing, THQ has already secured an agreement to have assets purchased by Clearlake Capital Group.
Game development will continue despite the filing. Read more at Yahoo Finance.
Associate Editor: MMORPG.com  |
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12/19/12 3:10:09 PM#2
Dang. I love titan quest too :(
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erictlewis
 Hard Core Member
Joined: 11/08/08
The definition of insanity is doing the same thing over and over while expecting different results. |
12/19/12 3:15:30 PM#3
Wow I never heard of any of the games this company makes. I had to go look them up, and it looks like a lot of console games. Just goes to prove it just not mmo's that been hurt durring this economic downturn.
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12/19/12 3:17:03 PM#4
This does explain all the nice deals they have been offering on their games.
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12/19/12 3:17:16 PM#5
Originally posted by erictlewis THQ is one of the biggest PC games publishers of the past decade... |
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12/19/12 3:21:07 PM#6
Are these the same guys behind Darksiders?
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12/19/12 3:23:22 PM#7
Originally posted by Nitth Darksiders, Company of Heroes and Warhammer 40k games. |
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Kyleran
 Bitter Vet™
Joined: 9/13/06
Fools find no pleasure in understanding, but delight in airing their own opinions. Pvbs 18:2, NIV |
12/19/12 3:23:36 PM#8
Originally posted by Torrmwyre Who still plays those...this is MMORPG.com baby! "What gamers want ... is new game play patterns different from what they've experienced before" - Axehilt |
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12/19/12 3:24:24 PM#9
At least Metro: Last Light and Company of Heroes 2 are still being released.
Always keep your words soft and sweet, just in case you have to eat them. |
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12/19/12 3:24:40 PM#10
Guess that's the end of darksiders then..
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12/19/12 3:25:30 PM#11
Originally posted by Kyleran Yeah! Who still plays games on a PC, we have MMORPGs! |
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catlana
 Apprentice Member
Joined: 11/18/08
Playing Rift, ToR, PoE |
12/19/12 3:41:55 PM#12
Originally posted by Zyzra Titan's quest was an awesome game. I am sad that THQ decided to chase the fps dollars with Homefront rather than the next Titan's Quest game as well. |
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12/19/12 3:45:12 PM#13
Company of Heroes is still one of the most exciting RTS games I ever played.
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12/19/12 5:00:31 PM#14
Aww sad. they have made some of the games I grew up on :(...
Hero Evermore |
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12/19/12 5:35:13 PM#15
Does anyone else see the tactic?
File for bankruptcy (which doesn't affect there overseas studios, so any game they had in the pipeline can be moved to those studios..), a firm comes in and buys there asset. Next up is major restructuring and getting back there asset.. GM did it also to kill off there outstanding debt they had (not the government bailout cash)... |
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12/19/12 5:39:26 PM#16
Wonder how long before the WWE 13 players Snap. THe game as it stands crashes PS3's, crashes entire consoles 2 to 3 times a day and Runs horribley Oh and the online rankings reset every few hours.
Because i can. |
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12/19/12 5:47:02 PM#17
Originally posted by erictlewis MMORPGs arent hurt because of the economic downturn, come on now... If anything people go out less which makes MMORPGs an even better deal. |
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12/19/12 7:55:05 PM#18
I'm kind of sad that this happened, I really like most of THQ's normal releases. Their movie games on the other hand should have been providing some sort of monetary backing for the company shouldn't they? I mean they may not be good games but they get paid by whatever major company to develop them in a super short amount of time. The Saints Row series has been one of my favorite GTA style games and Darksiders was great.
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12/19/12 11:42:39 PM#19
wait so if THQ is going belly up.. what happens to my preorde of COH2 :O nooooo now ill never get to play as the commie reds against the gerrys Q.Q guess its back to coh 1 and the russian mod that crashes all the time on me :( this sucks... why cant blizzard go bellyup and the good studios have their capital T_T
CPU: Intel Core i7 CPU 860 2.8GHz < |
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12/19/12 11:48:18 PM#20
Originally posted by Torrmwyre The problem is that they have never been very innovative. For the longest time, they just pumped out cheap licenced IP's meant to cash in on either movies or TV. Stuff like Hot Wheels or Wrestling games. They had a few gems, like the Warhammer RTS, but most of their stuff was simply disposable crap you find in the $9.99 bin a few months after the movie is released. |
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