Thq

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1.4 Million Unsold Video Games Won’t Be Buried

5:00AM February 4, 2012 | Kirk Hamilton

Yesterday, we learned that the video game publisher THQ is sitting on 1.4 million unsold copies of uDraw, a hugely unsuccessful game designed around a tablet peripheral. uDraw was such a disastrous investment — the publisher lost around $US100 Million on production and lost revenue — that it is almost singlehandedly responsible for their dire financial straits. More »


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In The Grim Future There Might Not Be A Warhammer 40K MMO

7:00PM February 3, 2012 | Luke Plunkett

A few weeks back, the future of THQ’s Warhammer 40K: Dark Millennium MMO was very much up in the air. Comments early yesterday had seemed to ease fears over the project, but comments later yesterday brought the fears right back. More »


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THQ Share Price Comparisons

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10:45AM February 3, 2012 | Tracey Lien

THQ’s share price dropped to 58 cents per share last night before climbing back to 76 cents at closing. While we know that these share price values spell danger for the struggling publisher, where does it put the company in relation to its competitors? More »


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The uDraw Is Completely Dead To THQ

9:40AM February 3, 2012 | Mike Fahey

Blaming the poor sales of the uDraw tablet on a dismal third quarter of 2012, THQ has officially halted production on the device and has plans to eliminate existing stock through retail channels. Hey, isn’t Valentine’s Day coming up?


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THQ’s 2014 Lineup Is Alive And Well

9:25AM February 3, 2012 | Mike Fahey

Further distancing the company from rumours that its 2014 lineup had been canned, today’s third-quarter 2012 financial results from THQ list inSANE, Warhammer 40K: Dark Millennium Online and several more unannounced core titles that should be showing up over the next couple of years. More »


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How THQ Went From Bad To Very Bad

2:00PM February 2, 2012 | Luke Plunkett

In 2007, shares in publisher THQ were going for over $US30 a piece. Today, in 2012, they’re going for around $US0.70. Studios are rumoured to be on the chopping block. Over 200 employees are being let go. And the company’s boss has taken a 50 per cent pay cut. More »


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THQ’s CEO Takes A 50% Pay Cut, Australian Troubles Continue [UPDATE: Response From THQ]

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11:30AM February 2, 2012 | Mark Serrels

As reports of THQ’s financial difficulties continue, a SEC filing has revealed that CEO Brian Farrell has taken a 50% pay cut, and 240 staff members will be made redundant across the business. Meanwhile, in Melbourne, THQ’s local office is continuing to struggle. More »


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THQ Unable To Meet NASDAQ Listing Requirements; Faces De-listing

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10:55AM February 2, 2012 | Tracey Lien

THQ is facing the possibility of being de-listed from the NASDAQ stock market after the plunge and stagnation of its share price below the minimum bid price of $US1. More »


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Report: THQ REALLY In Trouble

6:00AM February 2, 2012 | Luke Plunkett

Looks like things are going from bad to really bad to awful for publisher THQ, with an industry analyst reporting — not speculating, but straight-out reporting — that the company is about to sack over 170 employees. More »


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The Hero’s Journey Doesn’t Just Symbolise Death In The Official Darksiders Novel Tie-In

5:00AM February 2, 2012 | Mike Fahey

Death and his pal War team-up to save the day this year in Darksiders: The Abomination Vault, a series prequel that takes place a millenia before the opening credits of the first game. More »