More Reviews
REVIEWS Journey (PS4) Review
The critically acclaimed Journey makes the leap to the PS4. Is the PS3 classic still a trek worth taking? Duh.

Rare Replay Review
Rare has had a profound impact on the gaming industry, and this collection is a catalog of its timeless designs.
More Previews
PREVIEWS Sid Meier's Civilization: Beyond Preview
Fans were mad about Beyond Earth. Rising Tide should fix that.
Release Dates
NEW RELEASES Goat Simulator
Release date: 08/11/15

Metal Gear Solid V: The Phantom Pain
Release date: 09/01/15

NHL 16
Release date: 09/01/15


LATEST FEATURES How ARK: Survival Evolved Is Conquering Steam
Is ARK just another popular survival game, or is there something more behind its surprising level of success?

Buy, Try, Die: August 2015 Release List
Madden NFL 16, Until Dawn, Everybody's Gone to the Rapture: What will you Buy, what will you Try, and what needs to Die?

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437 Update: I was unfortunately not aware of Shamus Young's severe criticism of Fallout 3 available here to link in the original piece and I regret that.  It dovetails rather nicely with what I've written and it's much better executed than my piece.  I strongly recommend anyone...

GAMING NEWS

Pachter Claims THQ Is Struggling To Break Even On Darksiders II

Posted on Tuesday, October 30 @ 12:11:01 PST by Keri_Honea


Thus far, Darksiders II has sold about 1 million copies, but according to analyst Michael Pachter, the game must sell 2 million copies for THQ to break even and the title's sales are struggling to do so.

THQ has had a rough year, to say the least. They've had massive layoffs, restructured their stock to stay on NASDAQ, canceled games, and brought in a new president in the effort to turn this studio around. Pachter says it isn't enough.

"Darksiders II's performance and a history of game delays and cancelations leaves us skeptical that THQ can successfully execute its turnaround strategy, which centers on a streamlined release state," said Pachter.

He further predicts that THQ will report between $75-85 million in revenues for its second quarter earnings report on November 5th, which is higher than other analysts have estimated. He also warned investors to be cautious for the remainder of the fiscal year, since THQ's "management has a history of missteps."

THQ has undoubtedly been counting on the successes of Darksiders II and today's release of WWE 13 as part of its turnaround, and while time will tell for WWE 13, it looks like Darksiders II will not be their answer. South Park: Stick of Truth will most likely do very well, but will that be too late to help THQ out?

[Source]
Related Games:   Darksiders II
Tags:   THQ, Darksiders II
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution