Lol?
Wow it's actually still going down today.
Wow it's actually still going down today.
Microsoft or Sony should buy them and keep releasing saints row and darksiders as exclusives. I think they would be a best fit with microsoft honestly but im biased. Also southpark RPG.
Unfortunately, it seems highly possible to me that Relic will end up being bought by EA, and that'll be the end of that.
Volition...I don't know...would Rockstar (i.e. Take Two) try to grab them, or is that too redundant?
I'd rather Take Two get all of the IPs, lesser of various evils, but who knows.
This looks pretty bad its at 1.30 now.
Volition in Chicago
Unfortunately, it seems highly possible to me that Relic will end up being bought by EA, and that'll be the end of that.
Volition...I don't know...would Rockstar (i.e. Take Two) try to grab them, or is that too redundant?
I'd rather Take Two get all of the IPs, lesser of various evils, but who knows.
Why was EA interested in Westwood Studios?Why would EA be interested in a company primarily known for their strategy games?
Why was EA interested in Westwood Studios?
Because Company of Heroes and DoW are fairly successful and to get those IPs. How it is not comparable.Because strategy games were fairly successful back then and to get the C&C franchise, I assume. It's not really comparable.
Then they're going into de-listing territory again.
I still maintain that there was a deliberate strategy by management (as evidenced by the cancellation of the analyst Q&A after the earnings report and the refusal to give further earnings guidance) to drive the stock to the floor in order for the private equity firm (one of whose partners is a good buddy of Rubin's) to buy out the equity holders for peanuts plus the $100 million on long-term debt.
Thy would then hold on to it to squeeze as much as they can from CoH 2, Metro, and South Park and then either sell it piecemeal or shutter it.
Because Company of Heroes and DoW are fairly successful and to get those IPs. How it is not comparable.
Anyways, I really do hope your doubts are well-founded. We don't need one more corpse added to the studios-EA-killed.gif.
Champaign, actually. It's about 2.5 hours south of Chicago. It changes the demographic of people who may want to work there since it's not in a major city.
I really hope Volition comes out of this on top and all my former co-workers land on their feet if anything hits the fan.
They're going to go insolvent very soon unless some of that company worth is in cash reserve. Dunno what their balance sheet looks like though.
I guess in my mind, I put CoH right there with anything Blizzard has put out there, in terms of quality, but I see what you're saying -- the mindshare and prominence isn't quite up there.1. CoH is not Relic's franchise but THQ's, they'd have to get that one as well.
2. DoW is not THQ's franchise but a license given out by Games Workshop. Would have to be negotiated again since GW probably has a bailout clause.
3. The way EA has been going for the last few years they're not into investing in "mid-tier" games (which Relic's games are, going by budget) but AAA(A) stuff or F2P/social.
I don't know, it could happen, I guess, but it doesn't seem likely. From all the big publishers I expect either 2K or Square-Enix to gobble up Relic, SEGA if they had any cash.
Nintendo needs to go ahead and buy them out. Will round out a nice 2nd party
even if coh 2 does get squeezed out, it'll never have time to grow in to anything resembling a competitively balanced game.
They already are insolvent - they just haven't filed the paperwork yet.
Well they must have enough money to keep giving their employees a check though. It's a matter of time, but I wonder exactly when that time is and what's even keeping them going currently. I would be surprised if nothing comes out about their assets being sold, or declaring bankruptcy within a month from now with the earning and stock value.
University of Illinois is there right? Doesn't seem too secluded.
You can have money to cover day-to-day operations and still be technically insolvent as your liabilities would oustrip your assets.
I can't imagine much real work is getting done, considering people are probably busy polishing resumes. At least they will have had more warning than 38 Studios people.even if coh 2 does get squeezed out, it'll never have time to grow in to anything resembling a competitively balanced game.
Champaign, actually. It's about 2.5 hours south of Chicago. It changes the demographic of people who may want to work there since it's not in a major city.
I really hope Volition comes out of this on top and all my former co-workers land on their feet if anything hits the fan.
Dammit Jason get your shit together
Down 17.33% currently, worth $8.5 million.
Yeah. I guess its a safe bet THQ won't be around to much longer. I just hope a few IP's they have can be bought by someone else.
One of the things I'd like people to keep in mind that the price of stock really has absolutely no impact on the current operations of a company. The stock price could go to absolutely zero and a company could keep running as if nothing had happened. This is because stock price has no effect on a company's revenues.
One of the things I'd like people to keep in mind that the price of stock really has absolutely no impact on the current operations of a company. The stock price could go to absolutely zero and a company could keep running as if nothing had happened. This is because stock price has no effect on a company's revenues.
Stock price only becomes an issue when a company wants to issue new shares from its treasury to raise capital. In THQ's case, they are certainly not going to issue any new shares as a means of obtaining funding so from a management perspective, the stock price is pretty irrelevant.
I mean, if you're a THQ stockholder it sucks, but let's face it - you should have bailed from this stock a long time ago.
One of the things I'd like people to keep in mind that the price of stock really has absolutely no impact on the current operations of a company. The stock price could go to absolutely zero and a company could keep running as if nothing had happened. This is because stock price has no effect on a company's revenues.
Stock price only becomes an issue when a company wants to issue new shares from its treasury to raise capital. In THQ's case, they are certainly not going to issue any new shares as a means of obtaining funding so from a management perspective, the stock price is pretty irrelevant.
I mean, if you're a THQ stockholder it sucks, but let's face it - you should have bailed from this stock a long time ago.