More Reviews
REVIEWS The Swapper Review
One of 2013's best indie games swaps its way to Sony platforms.

Wayward Manor Review
Not even the power of Neil Gaiman and The Odd Gentlemen could save this game from a fate worse than death: a terrible score.
More Previews
PREVIEWS Pillars of Eternity Preview
For Obsidian's crowdfunded love letter to Infinity Engine games like Icewind Dale and Baldur's Gate, I was impressed by its willingness to pull back the curtain and let me see the machinery behind it.
Release Dates
NEW RELEASES Sacred 3
Release date: 08/05/14

CounterSpy
Release date: 08/19/14

Tales of Xillia 2
Release date: 08/19/14

Plants Vs. Zombies: Garden Warfare
Release date: 08/19/14


LATEST FEATURES How Bioware Creates Romances
Bioware's games have romances where you might save the world, on the side of course.

We Absolutely Should Be Upset With Club Nintendo's Latest Elite Rewards
Surveys out the wazoo and I get a code for Dr. Luigi?
MOST POPULAR FEATURES Picking Your Gender: 5 Industry Professionals Discuss Queer Identity in Gaming
Women from Naughty Dog, ArenaNet, Harmonix, and Gamespot unite to talk about what they want from games in terms of diversity.
 
Coming Soon

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Kakulukia
Why Sunset Overdrive Can Go Suck A Lemon
By Kakulukia
Posted on 07/14/14
Yesterday, while cleaning up my media center, I found my copy of Ratchet & Clank: Into The Nexus, which I bought sometime before Christmas last year. I had been pretty excited about this game pre-release, what with it being the first "traditional", albeit shorter than usual,...

MEMBER BLOG

sliverstorm sliverstorm's Blog
PROFILE
Average Blog Rating:
[ Back to All Posts ]
The Public Financial Rise and Fall of THQ
Posted on Sunday, November 25 2012 @ 01:14:41 Eastern

This member blog post was promoted to the GameRevolution homepage.
After THQ dined and dashed out of its most recent earnings call and then defaulted (technically) on its credit facility with Wells Fargo, I became interested in the strategies and leadership that plummeted the former multi-billion dollar company down to a seven-digit market valuation that could be purchased twelve times over by Apple's 2011 contributions to charity.

But rather than consult Wikipedia or Google News, I decided to go straight to the source: the financial filings that THQ, as a publically traded company, is required to release quarterly and annually. 10-Ks, 10-Qs, Annual Reports, and earnings call transcripts were parsed together to bring you four images that encapsulate my view on THQ's historical trajectory as a public company.

This is the completely biasedyet completely factualrise and fall of THQ, in the company's own words.

(click each image to enlarge):













The opinions expressed here does not necessarily reflect the views of Game Revolution, but we believe it's worthy of being featured on our site. This article has been lightly edited for grammar (images were created by sliverstorm). It has been submitted for our monthly Vox Pop competition. ~Ed. Nick
comments powered by Disqus

 
More On GameRevolution