More Reviews
REVIEWS World of Tanks (PS4) Review
Modern warfare shooters are a dime-a-dozen, so why not jump behind the “wheel” of a ten-ton behemoth and incorporate strategy to decimate the enemy?

Attractio Review
In the year 3275, the most exciting thing to do is watch people move boxes around a room. If this truly is the future, please end me now!
Release Dates
NEW RELEASES Mighty No. 9
Release date: Out Now

Arslan: The Warriors of Legend
Release date: Out Now

Factotum 90
Release date: Out Now

Aegis of Earth: Protonovus Assault
Release date: 03/01/16


LATEST FEATURES The New Hitman Is Still Hitman, But Its Episodic Nature Might Subdue Reviewers
How will reviewers grade this?

A Skill Tree Build Guide for Every Class in XCOM 2
Punish the alien opposition with perfectly built Grenadiers, Psi Operatives, Rangers, Specialists, and Sharpshooters.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Ivory_Soul
Windows 10 Review for Dummies
By Ivory_Soul
Posted on 08/11/15
After all these years, and growing up with Windows 3.1, I have seen an entire evolution of computers and software. Touch screens and large resolutions were a pipe dream just 15 years ago. Now it's the norm. Going from a Packard Bell (yes, before HP) that couldn't run 3D Ultra Mini...

GAMING NEWS

THQ's Future Looks Grim, Shares Drop By Nearly 50 Percent

Posted on Tuesday, November 6 @ 10:51:33 PST by Alex_Osborn

THQ has been struggling as a publisher for quite some time. Now, with the recent delays of South Park: Stick of TruthMetro: Last Light and Company of Heroes 2, and losses totaling in at $21 million, the company's situation appears to only be getting worse.

According to a report from Reuters, THQ's stock has dropped a whopping 46% in a single day, which is clearly a very, very bad thing. Part of the drop in shares is being attributed the rather underwhelming sales of Vigil Games' Darksiders II. Currently, only 1.4 million units have been sold, and a total of 2 million in sales is required for THQ to break even on the game.

According to Wedbush Securities' Michael Pachter (via GamesIndustry), THQ will likely either face bankruptcy or sale.

Should its financial position continue to deteriorate, we expect THQ to raise financing through an equity sale that could lead to dilution of existing shareholders.

We expect creditors to be asked to renegotiate terms at a discount; if they are unwilling, bankruptcy is possible. Although THQ has been able to lower its cost structure through layoffs and a streamlined release slate in order to temporarily improve profitability, it is unlikely to return to profitability unless its revenues once again begin to grow.

Do you think THQ will be able to beat the odds and somehow dig themselves out of this terrible hole they currently find themselves in? Let us know what you think in the comments below.

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




comments powered by Disqus

More On GameRevolution