MCV/DEVELOP News, events, research and jobs from the games industry
Last night THQ announced a number of changes to its product portfolio and internal development business, Develop reports, including the decision ‘not to pursue’ certain IPs and the closure of one US studio, in a bid to boost its slate of owned property and begin a new product quality strategy. …
Read More »Sega and THQ expand retail event
Nearly 400 retail and distribution delegates from across Europe, Africa, Australia and beyond will descend on Lisbon in Portugal for a strictly non-media event running between Wednesday June 4th and Friday June 6th. The 2008 Business Partners Summit follows the success of last year’s inaugural Malta event, which was praised …
Read More »Big Huge Games snapped up by THQ
Maryland-based developer Big Huge Games has been acquired by THQ for an undisclosed price. The studio, which made a name for itself in the strategy genre with games like Rise of Nations and Xbox Live Arcade’s Catan, is currently working on a role-playing game helmed by Elder Scrolls creator Ken …
Read More »THQ buys Big Huge Games
US developer to plug holes in publisherâ??s lineup
Read More »Marko Hein joins THQ International
Koch and Nintendo alum takes new General Manager role, overseeing product approval process
Read More »Omegame seals licensing agreement with THQ
Leading US publisher and developer to use Menus Master for selected next-gen products
Read More »THQ looks to internal dev for future growth
MCV sister site Develop reports that an investors meeting recently hosted by Lazard Capital Markets with THQ has shown the ambitious American publisher’s plans to grow its business. THQ recently suffered a net loss of $7m in the Q2 following poor performances of its new Stuntman and Juiced games. However …
Read More »THQ targets internal studio revenue growth
Meeting with investors reveals management's plans to bolster business
Read More »$7m net loss for THQ in Q2
THQ has revealed its fiscal results for its second quarter, reporting a net loss of $7 million. The figure compares poorly to the $11.6 million reported for the same period a year ago. However, the company said that the loss was consistent with its revised financial guidance. The firm’s total …
Read More »THQ lowers financial guidance
The delays suffered by the likes of Destroy All Humans 3 and Frontlines: Fuels of War and lower than expected sales of key titles Juiced 2 and Stuntman: Ignition have led US publisher THQ to lower its financial estimates for fiscal year 2008. The previous prediction of $240 million has …
Read More »