dylanjosh Posted December 19, 2012 Report Share Posted December 19, 2012 http://kotaku.com/5969846/thq-files-for-chapter-11-bankruptcy THQ has filed for Chapter 11 bankruptcy. In a press release, the company said that it would continue to operate as normal as they go through the bankruptcy process. "The sale and filing are necessary next steps to complete THQ's transformation and position the company for the future, as we remain confident in our existing pipeline of games, the strength of our studios and THQ's deep bench of talent," CEO Brian Farrell said in a press release. "We are grateful to our outstanding team of employees, partners and suppliers who have worked with us through this transition. We are pleased to have attracted a strong financial partner for our business, and we hope to complete the sale swiftly to make the process as seamless as possible." http://finance.yahoo.com/news/thq-inc-secures-asset-purchase-185300188.html Link to comment Share on other sites More sharing options...
Heaven Angel Posted December 19, 2012 Report Share Posted December 19, 2012 THQ said this would not affect any of the games they currently have in production, a library that includes Metro: Last Light, South Park: The Stick of Truth, and Homefront II. South Park game will be crap and it'll end up loss for THQ again..considering Chapter 11, it'll be bad start again. (Chapter 11 gives the debtor a fresh start, subject to the debtor's fulfillment of its obligations under its plan of reorganization.) Why Homefront II? Homefront was average..No point in making Homefront II and later say "it didn't sell well". They should make Darksiders III instead of this. Metro: Last HOPE! Link to comment Share on other sites More sharing options...
dylanjosh Posted December 19, 2012 Author Report Share Posted December 19, 2012 Homefront II is being made by Crytek right? It might turn out to be good. Link to comment Share on other sites More sharing options...
Blueelvis_RoXXX Posted December 19, 2012 Report Share Posted December 19, 2012 It's is really sad though and THQ. Don't worry THQ i will buy all you games Link to comment Share on other sites More sharing options...
Heaven Angel Posted December 19, 2012 Report Share Posted December 19, 2012 It's dying 0.380 -1.000 (-72.46%) Link to comment Share on other sites More sharing options...
spindoctor Posted December 19, 2012 Report Share Posted December 19, 2012 inevitable and yet very sad. Link to comment Share on other sites More sharing options...
Aftrunner Posted December 19, 2012 Report Share Posted December 19, 2012 South Park game will be crap and it'll end up loss for THQ again..considering Chapter 11, it'll be bad start again. O.o Also AFAIK Homefront is being done by Crytek. Not inhouse anymore. Link to comment Share on other sites More sharing options...
Heaven Angel Posted December 19, 2012 Report Share Posted December 19, 2012 They also have sales predictions in the bankruptcy filing. Homefront 2 - 4 million sales and South Park: The Stick of Truth 3.1 million sales :rofl: Ridiculous! No way it's getting that much sale. (they are expecting only 1.9 million sale from Metro: Last Light) They will grind, grind and grind Saint's Row 4 with 20-30+ DLCs Good luck, THQ! Link to comment Share on other sites More sharing options...
b!T Posted December 19, 2012 Report Share Posted December 19, 2012 Sad indeed Link to comment Share on other sites More sharing options...
thedarkrider Posted December 19, 2012 Report Share Posted December 19, 2012 Link to comment Share on other sites More sharing options...
VelivolusDas Posted December 19, 2012 Report Share Posted December 19, 2012 Sad..... I thought WWE was kinda big... Guess I was wrong.... Link to comment Share on other sites More sharing options...
'Drake' Posted December 20, 2012 Report Share Posted December 20, 2012 :( Link to comment Share on other sites More sharing options...
WMWM Posted December 20, 2012 Report Share Posted December 20, 2012 I had only faith in Saint Row series...looking forward for Siants row 4.........rest all games not interested Link to comment Share on other sites More sharing options...
Elessar Posted December 20, 2012 Report Share Posted December 20, 2012 That 1666 is Patrice Desilets' game at THQ Montreal. South Park is being done at Obsidian Entertainment with the original showrunners participating. Homefront 2 is being done by Crytek. I don't think their sales figures are that inflated, quite possible to reach them. Link to comment Share on other sites More sharing options...
Big Boss Posted December 20, 2012 Report Share Posted December 20, 2012 Some one buy the WWE license damnit. I hope 2K buys it. Link to comment Share on other sites More sharing options...
harrydeo Posted December 20, 2012 Report Share Posted December 20, 2012 It is not the end. Chapter 11 only means reorganization, this means THQ will get a chance to reorganize themselves, aka reorganization of the debtor's business or personal assets and debts. I would say this one last chance for THQ pull this together. I sincerely hope so, I loved Saints Row, Dawn Of War, Company of Heroes, Metro in fact I am psyched about all the new releases, including Homefront 2 (dont discount Crytek, when was the last time you have seen a bad game from them). Read more about chapter 11 http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code Link to comment Share on other sites More sharing options...
WingedReturn Posted December 20, 2012 Report Share Posted December 20, 2012 Sad. Please, please not EA. We'll have to kiss their PC exclusives goodbye then. Link to comment Share on other sites More sharing options...
Irredeemable Posted December 20, 2012 Report Share Posted December 20, 2012 Sad news man, sad news.. THQ was one of my favorite publishers of all damn time. There was an air of awesomeness in all their games. Link to comment Share on other sites More sharing options...
WhiteWolf Posted December 20, 2012 Report Share Posted December 20, 2012 I don't care abt South park,Metro or Homefront ..All i want is Saints Row 4 Link to comment Share on other sites More sharing options...
kemosabe Posted December 20, 2012 Report Share Posted December 20, 2012 I am very hopeful about THQ returning as a better company with some kickass games.Give us Homefront 2 with spec ops like single player missions and mass effect 3 like fun multiplayer.. And bring WWE games to PC, make a MMO Link to comment Share on other sites More sharing options...
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