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Old 12-20-2012, 10:26 PM
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High-Profile Game Publisher THQ Goes Bankrupt

Yikes!!

Quote:
Five years ago, game publisher THQ was worth $2 billion. On Wednesday, with a market cap of just over $11 million, THQ filed for Chapter 11 bankruptcy protection.

Years Of Bad Decisions

The fall is the result of years of poor choices. The overpriced, underperforming uDraw is the poster child for the company's woes (in fact, it's called out specifically in the filing), but THQ has been doing things wrong for years.

While accidental hits from the...
Continued at: http://readwrite.com/2012/12/20/high...-goes-bankrupt

Any thoughts on this?
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Old 12-20-2012, 11:27 PM
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It's been coming for a while, they went from being one of the big-boys to not adapting with the market which will eat you up and spit you back out with no pennies once it's done with you.
 
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Old 12-26-2012, 06:48 PM
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This is dishearthening... I hope they can still create games just like before
 
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Old 12-26-2012, 07:36 PM
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It's been on the horizons since at least 2009, I've heard talks of them possibly going bankrupt since then. I too hope they'll still be able to develop games. they've made some great titles in the past.
 
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