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THQ says its financial woes are uDraw’s fault

udraw gametablet xbox 360

All is not well for THQ. The company is sinking and flailing, due to debts and losses, and it’s responding by cutting back on jobs, pay and the kinds of games it’ll make. Now, it’s CEO Brian Farrell is saying that a big part of its problems is because people didn’t like the uDraw GameTablet. more »

THQ announces its fiscal 2013-2014 releases

1920x1200 Metro: Last Light look up at Metro:,Last,light,look

As part of its third quarter fiscal 2012 earnings report, THQ revealed estimated release dates for more than 10 upcoming games. Most of these games are expected to be released in THQ’s fiscal 2013 year which runs until March 2013. There are also a few others titles such as inSANE which should come out in more »

THQ axes uDraw hardware

uDraw

THQ announced its third quarter financial earnings for fiscal 2012 earlier today. One interesting note in the publisher’s financial report declared the end of uDraw hardware. THQ will rely on its core games and digital revenue until it can become profitable again.

THQ plans to layoff 240 employees as execs take pay cuts

Brian Farrell

We won’t have to wait until THQ’s conference call tomorrow to learn about all the grim news. The company released its latest SEC (Securities and Exchange Commission) filing and it doesn’t look good. Instead of letting go an estimated 140 employees as suggested by earlier rumors, THQ will actually be sending 240 “selling, general and more »

The true state of THQ should be revealed in tomorrow’s earnings call

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For the past several days, numerous reports that paint a very grim picture of the future of THQ started to come out. THQ denied it had cancelled its 2014 releases, but it did decide to stop making kids games based on licensed properties. Yesterday, THQ’s listing on The Nasdaq Global Market was threatened with a more »

THQ may get delisted from The Nasdaq Global Market

thq_logo

THQ’s financial woes have taken another dark turn. Nasdaq sent THQ a notice informing the company it’s in danger of losing its listing on The Nasdaq Global Market. Nasdaq issued this warning because THQ’s stock has been trading below $1 per share for the past 30 business days. Nasdaq requires each share to be valued more »

THQ decides to stop making licensed kids games

THQ_Logo

As part of its alignment strategy, THQ announced it will stop making kids games based on licensed properties and focus more on building and supporting its core brands and digital business. This revelation comes not too long after rumors surfaced that THQ was in so much financial trouble, it would not publish any games in more »

THQ is still alive, says closure reports were just rumors

thq logo

THQ will survive! Or, perhaps more appropriately, it’s still alive! Despite vicious rumors swirling on the internet last night, THQ stepped up to say that those rumors were just that. They were only rumors and there were no substance to any of them. Here’s how all this happened. The International Game Developers Association’s Mobile Special more »

Alistair Overeem offered as free downloadable fighter for UFC Undisputed 3

UFC Undisputed 3

UFC 141 ended in Brock Lesnar’s retirement and a bad first impression for UFC on Xbox Live. It also opened the door to downloadable content for the upcoming UFC Undisputed 3. This game won’t be released until February 14, 2012, but you can secure one piece of DLC today in the form of Alistair Overeem.

Playing a free 5-hour trial of Saint’s Row: The Third could win you a prize

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Saint’s Row: The Third can be purchased for well under $60 right now, but it’s never a bad idea to try a game before you purchase it. If you are signed up for OnLive, you can play Saint’s Row: The Third for five hours without paying a dime starting December 29. The trial consists of more »