Nintendo success making kids’ market tougher, says THQ

President and CEO of THQ Brian Farrell has pointed the finger at Nintendo’s successful first party software for making the kids’ video games market extremely competitive”. In a Q4 earnings call with investors, Farrell cited Nintendo’s software success as a reason why THQ’s traditionally strong kids’ business did not meet …

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THQ announces new WWE title

THQ has announced a new addition to its WWE family of games as part of its full-year financial report. Legendsof Wrestlemania is due for release in March next year on next-gen formats. THQ CEO Brian Farrell told investors: Our new Legends game is scheduled to launch in conjunction with the …

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THQ to shed 200 staff

After reporting a $35m FY loss last night, publisher THQ confirmed in a post-earnings conference call that it would be losing 200 staff across its studios. However, the company does plan to grow its employee count overall from 2,400 to 2,700 this year. CEO Brian Farrell said that those studios …

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‘Action Adventure: Part 2

You work on a game for one, two years; ship time comes and it's out of your hands. But the online model - releasing early and evolving based on feedback - could have a place in our industry, say GarageGames CEO Josh Williams and GG Networks general manager Andy Yang...

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THQ reports FY net loss of $35.3m

THQ has reported full year losses of $35.3 million for the 12 months to March 31st, with sales up slightly to $1.03 billion. That compares to the $68 million profit reported in its previous fiscal year, and $1.026 billion in sales. For its fourth quarter, the company also saw sales …

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