lunchwithyuzo
Banned
Nintendo's tight with Syn Sophia (aka: Aki). I wonder if WWE fans would like another game by them?
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THQ's stock drops 50% after earnings implosion, [Tanks 22%+ again, worth $7.95M]
- Thread starter Nirolak
- Start date
funkystudent
Member
So who should pick up Volition and SR if they go up for sale?
Warner seems like a perfect fit IMO.
I dont know where the WWE licence can go. WWE isnt popular enough for EA or T2 to give a shit about it and smaller pubs probably dont want to take the risk.
Warner seems like a perfect fit IMO.
I dont know where the WWE licence can go. WWE isnt popular enough for EA or T2 to give a shit about it and smaller pubs probably dont want to take the risk.
If you buy THQ, you buy a company that couldn't sustain itself despite some high profile IPs. You buy a company that has been losing money for a long period of time and couldn't make the hard decisions to either trim a huge load of fat or start to specialise. The much better option is to wait till it goes under and wait for the cream to rise to the top and put in a bid.
Btw, this is the future that companies like EA and Activision were hoping and actively striving for. Price the smaller companies out of the big budget market and get a larger slice of the pie for themselves.
Btw, this is the future that companies like EA and Activision were hoping and actively striving for. Price the smaller companies out of the big budget market and get a larger slice of the pie for themselves.
Ether_Snake
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Yep, and my old 2008 prediction thread is ever more validated: http://www.neogaf.com/forum/showthread.php?t=345381&highlight=console
About the next-generation:
About the next-generation:
ThoseDeafMutes
Member
Company of Heroes 2. I need you.
You also buy all their debt. Since the people they borrowed money from will certainly want it back from you. Has anyone gone through their financials and figured out what their liabilities are? They must be massive.
Phoenician_Viking
Banned
$10 million? The fuck.
the hundred million mentioned in the thread here is the only long term debt. Their current ratio looks to be just over 1 but I am wary of most of that being "other current assets" without having notes to check.
https://www.google.ca/finance?q=NASDAQ:THQI&fstype=ii&ei=hfyZUOiVJcGciALr4QE
Riposte
Member
None of the games will be canceled, but all the IPs will shift towards wrestling themes, despite genre.
You buy it for 10mln and you get 100mln dept to pay.
AusRoachman
Member
Microsoft need to jump in and buy the homeworld license!!
Its the only THQ property i care about
Its the only THQ property i care about
SolidSnakex
Member
Saints Row is really the only bankable title that they own. They have a lot of good games in their library, but that's the only one that puts up big numbers.
GodfatherX
Member
what studios do they actually own?
Vigil?
Relic?
4A?
Vigil?
Relic?
4A?
You mean Company of Babyfaces 2, Metro: Last Hurricanrana and South Park: the Ladder Match of R Truth?
With $50 million just in Accounts payable and a $10 million market cap? Bankruptcy is more likely, then IP scavengers at better pricing.
exmachina64
Banned
I wouldn't trust Microsoft with it. Maybe Valve or 2K/Firaxis?
Relic, Vigil, and Volition. 4A is independent; THQ is just its publishing partner.
Nintendo isn't for sale.
Why the fuck should Microsoft do that? If anything, they'd make it a Xbox exclusive, so you could kiss your RTS game long goodbye.
Mister0079
Member
smh @ "console manufacturer should buy thq!!!" posts. I want my Company of Heroes 2 as a PC RTS, thank you very much.
michaelius
Banned
Yeah and then they can take care of it like they did with mechwarrior and freelancer IPs...
Dakota47
Member
One hundred times this.
Can't someone buy it for 10 million take the ip's they want and sell the company again?
ClosingADoor
Member
I'm sure you sell THQ for a dollar when you clean it out.
coughlanio
Member
Someone needs to buy them and pretty much just make Saints Row.
Please don't encourage EA to fuck over another developer. Or do you have some intense disregard for the lives of other human beings?
Lol
kurtrussell
Banned
Better to wait until they go under and then just scoop up the IP. You wouldn't want to buy it now and have to deal with their payroll, debts, real estate etc. If I won the lottery though, I'd offer a million just to get my hands on the Saints Row IP and hire devs to create an MMORPG.
They also have 80 million (might be old quarter) in accrued expenses on top of accounts payable.
And if customer advances of 144 million means what I think it means, they have a bunch of undelivered product they have already been paid for, so they have done all they can to shift there future revenue into the current quarter.
They have a serious cash flow problem, and are probably already starting to miss payments simply because they have no margin to manage the routine fluctuations between accounts receivable and accounts payable.
grimshawish
Banned
Yeah your only buying the responsibility to pay contracts and debts for $10M 
Not the best deal in the world.
Really its the stage where it can only be bought by someone to own a publisher, so no existing publisher is likely to sail in to the rescue. Anyone in the games industry will just wait to see what scraps they can get from the selling off of assets.
Not the best deal in the world.
Really its the stage where it can only be bought by someone to own a publisher, so no existing publisher is likely to sail in to the rescue. Anyone in the games industry will just wait to see what scraps they can get from the selling off of assets.
Well, at least in Montreal there are like 50 different studios who are hiring.
Volition in Chicago and Relic in Vancouver unfortunately don't have this luxury.
