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THQ's stock drops 50% after earnings implosion, [Tanks 22%+ again, worth $7.95M]
- Thread starter Nirolak
- Start date
Which is distressing too, of course. I would hate to see these titles that are so close to release not make it, though.
Shao Kahn Brewing a Stew
Banned
Jake Tower
Banned
Giant Bomb should buy the Saints Row IP.
mclaren777
Member
I'm never going to get a sequel to Red Faction: Guerrilla. 
AstroNut325
Member
Are we going to blame hardware specs after a few years of THQ closing down?
TheNatural
My Member!
I wonder if they're counting on big WWE 13 sales to bring them enough cash to keep them alive long enough to get the South Park and next Saints Row game out.
They made a SR3 'complete' pack this holiday too, but it's at full MSRP just adding the DLC to it.
I dunno if they can hang on.
They made a SR3 'complete' pack this holiday too, but it's at full MSRP just adding the DLC to it.
I dunno if they can hang on.
Baron_Calamity
Member
My gut feeling is if its close, something can be worked out with another publisher.
Shao Kahn Brewing a Stew
Banned
C'mon, Square Enix. Buy THQ! I know you can and will!
Shalashaska161
Member
Yeah even if THQ dies tomorrow South Park is going to be finished. Someone will pick that up for sure.
Tylahedras
Banned
if they have 100 million dollars in debt then I think they are a reasonable purchase. Think of it as a 111 million dollar investment. I think their IP's and licences alone are worth that much. Anyone know how much longer they have the Warhammer licence for?
SE just lost a bunch of money. Why would they buy THQ? At most, they would buy the games that are mostly done and put those out, but they wouldn't buy Relic or anything like that, and Obisidan's independent.
I guarantee that Viacom will find a new home for South Park. Someone will buy Saint's Row. Metro is probably fucked though.
Ye pretty much the only thing worth buying from THQ is darksiders and its studio and Metro Guys. Perhaps Saint Row guys also, just to be able to fill that "mature" gap.
Relaxed Muscle
Member
Bye Bye Patrice Désilets game
After Darksiders 2, I wouldn't say that studio's worth buying, and good luck finding a publisher who says 'Yeah! We need another FPS developer!'
LOL SEGA
Someone will buy South Park, it's easily one of THQ's only attractive properties along with Saints Row.
The only thing I'm worried about is who buys it. Obsidian has a long history of being abused by big publishers so if it's someone like EA I'm sure that tradition will continue.
sega/CA have done a pretty good job with the total war series.
That game's been in development for so long, if it's not done by the time they find a new publisher and set a proper release date, it's their own damn fault.
Combichristoffersen
Combovers don't work when there is no hair
Please stay alive long enough to get Saints Row 4 out the door
Yes, but SEGA is pretty fucked too. They will publish only Sonic games, Football Manager and Creative Assembly games.
The past 5 years :
And the last 5 days :
Oh.... That can't be good...
maverick40
Junior Member
Come on Sony but the darksiders and Saints Row IP
Indeed, 111 Million (a bit more, lets say 130-150 to please shareholders) is still a good bargain for whoever wants to own them; they might get all of that investment back on just Saints row 4 sales alone.
I'm surprised a merger/sale hasn't happened yet, especially since thq is getting closer to breaking even, so it wouldn't be a buyout of something that is having massive losses; I guess the vultures just want to pick at the IP on the cheap.
That's why THQ is getting consulting from that new company, probably to try to find a buyer or a fund that will buy into Rubin's proposed future; let's see how long it takes....
They signed a multi-year extension of the licensing agreement in 2011, but the press release doesn't specify an end date to the agreement. It appears that the agreement that was extended was originally intended to run through 2013, so presumably their current arrangement has them in possession of the Warhammer 40,000 license through at least 2015.
Darksiders 2, is a good game (better then Darksiders 1) hampered by marketing and bugs. However put that in the hands of Nintendo, and we should get a bug free game and proper marketing push.
Metro is not just another FPS, its a unique, great game based on a well written book.
Also it would mean Nintendo would have a studio In Ukraine, were its basically a cheap country to produce big budget games.
Vigil games is in Austin, so I guess they could move in with Retro studios under the same roof and learn a lot from them. Vigil has the potential to easily reach Nintendo Quality/Retro quality with proper Guidance.
Well at least I wasn't the only one who though Disney should pick it up. Then grab EA to go with it...
Yeah, the vultures are probably ready to buy pieces of the company right now. The only worthwhile team and IP to buy are Volition and Saints Row imo. EA or SE could take a GTA variant in their lineup and it seems this IP was profitable and that the dev team behind the games was pretty good.
victreeb3l
Member
nintendo should buy vigil and put them to work
i agree. theyre talented but they also have a lot to learn
i agree. theyre talented but they also have a lot to learn
Acrylic7
Member
especially when they have an ass load of cash. Nintendo wouldn't feel a dent in their pockets.
They can easily flip these games to turn a profit.
Free IP's
Criminal Upper
Banned
You'd think Jason's Rubin's experience of doing nothing for almost a decade would have prevented this.
CosmicQueso
Member
None. Disney isn't interested in console games anymore. They want to license IPs now for that space.
Hey! At least Brian Crecente won't be embarrassed by playing that immature Saint's Row tripe around his family.
The rage I would have if Nintendo bought south park would be enough to collapse the internet. I want it on PC, not for a system I don't have or want.
Diddy Kong
Banned
RIP THQ. I'm really curious to see what will happen with their IP. I'd like to see Nintendo go for Vigil. I wouldn't be surprised if Microsoft went for some IP too.
pants
Member
Dont think your rage will amount to even 0.01% of WWE game fanrage
Tylahedras
Banned
So yeah I guess the only question I would have based on that assumption is why the fuck aren't they delivering warhammer games of one sort or another every year? Their usage of the IP has been pretty sparse given the bundle I imagine they must have had to spend on it.
Regardless I think they are now a smart bet for a purchase, even if a company didn't want to make use of all their IP I'd imagine the IP rights of each franchise are at least 20-30 million. Sell a couple you don't want and suddenly the purchase becomes that much more viable. Anyways even if you were just going to pump out the games they currently have on the cooker and then lay off everyone and scrap the whole thing and sell all the IP you're probably looking at around a 100-200% profit over 3-5 years (depending on sales estimate of course). The whole is now definitely worth less then the sum of it's parts.
South Park game is being funded by Viacom, so that one should be safe.