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FEATURED VOXPOP shandog137
A Letter to the Big “N"
By shandog137
Posted on 09/12/14
I have and will continue to have a place in my heart for Nintendo. In fact, my first console was a Super Nintendo. The video game market has changed drastically since the early '90s and it seems like what once was platinum is more so along the lines of silver now. Nintendo has always been...

GAMING NEWS

Jason Rubin Outlines THQ's "New Start"

Posted on Thursday, December 20 @ 08:59:37 Eastern by Alex_Osborn


While THQ may have filed for Chapter 11 bankruptcy, that doesn't mean it's the end for the publisher and its unreleased games. According to company president Jason Rubin, this an exciting "new start" for THQ, so gamers and investors need not worry.

On the publisher's website, Rubin released a letter to the public detailing their current situation, noting that with investment from Clearlake Capital Group, they'll be in a much better position financially. "Clearlake is even providing the company the money it needs to keep working on the products as the process plays itself out," he explained. "And importantly, when the purchase is complete, Clearlake has committed to invest additional ample capital to let us finish the games we are making and continue making games going forward. In short, they are investing in a new start for our company."

Rubin concluded the letter by saying, “In short, the teams will be unburdened by the past and able to focus on what they should be focusing on — Making great games. I’m excited about the future and hope to have more to report soon.”

So those of you who are looking forward to South Park: The Stick of Truth and Metro: Last Light need not worry, as it appears that THQ will be able to see those projects through to completion. Let's just hope that their situation improves over the coming months, as I'm sure many would like to play Saints Row 4 some day.

[Via]
Tags:   THQ
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