More Reviews
REVIEWS Titan Souls Review
Titan Souls isn't much like Dark Souls, but the Prepare to Die tagline still works.

StarDrive 2 Review
A 4X strategy game in space. Sounds like a perfect match, right?
More Previews
PREVIEWS Tales of Zestiria Preview
Oh boy, a new Tales Of game? Gosh, I hope it will be a high-fantasy anime-styled JRPG... that would be so unique.
Release Dates
NEW RELEASES Farming Simulator 15
Release date: 05/01/15


LATEST FEATURES Top 10 Games Based on Anime or Manga
No, Maniac Mansion 2: Day of the Tentacle is not on this list. Also, what kind of smutty tentacle anime are YOU watching?

Retro Redux: 10 Games To Introduce To Your Parents
Not everybody plays games. But they should, and here are some easy ways to help them.
MOST POPULAR FEATURES Top 50 Pokémon of All Time
Can you believe there are now six generations of Pokémon? Six!! That's a crazy amount of different creatures to collect. But which are the cream of the crop? Don't worry, Magikarp isn't actually one of them.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
Old Before Their Time
By oblivion437
Posted on 04/13/15
Bloodborne's apparently successful launch (see note below) has yielded two interesting points, for me.  One is that it's being hailed as the PS4's savior (see note below) and the other is that it seems to have serious technical problems.  Conversations erupting around...

GAMING NEWS

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

Posted on Tuesday, November 6 @ 10:51:33 Eastern 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.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution