THQ is dead.

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thq-logoTHQ wasn’t sold to another company when it filed for bankruptcy; that plan fell through and a month later they’re dead. Fortunately many of THQ’s top properties and studios  found new homes but not everyone was so fortunate. The most significant casualty of all this is the end of Vigil Studios who developed the DarkSiders franchise.

Here’s what was sold, who bought it and for how much:

  • Relic Entertainment (Company of Heroes) was purchased by Sega for $26 million
  • Volition (Saints Row, Red Faction) was purchased by Koch Media (publisher of Dead Island) for $22.3 million
  • Evolve” developed by Turtle Rock Studios (Left4Dead 1 & 2) was purchased by Take-Two Interactive for $11 million
  • “Metro” franchise was purchased by Koch Media for $5.8 million
  • South Park” license was purchased by Ubisoft for $3.2 million
  • THQ Montreal (incl. Patrice Desilets) was purchased by Ubisoft for $2.5 million
  • Homefront” franchise was purchased by Crytek for $500,000

Honestly this covers most of what I’ve come to know THQ for and it’s good to know that most of it is going somewhere. Legacy IP like Red Faction and Homeworld will be auctioned off at a later date.

Good bye Toys Headquarters. Thanks for giving a valiant effort towards the end of your life.

THQ files for bankruptcy. Has new owner.

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thq-logoTHQ is dead, long live THQ.

THQ filed for bankruptcy and found itself a new owner all in the same day. My reaction? That’s a lot of paperwork.

I’m pleased that THQ can continue living along with its successful studios and franchises. Just look at what they have coming up:

  • Company of Heroes 2
  • Saints Row 4
  • Metro: Last Light

And that’s just three titles that I can think of off the top of my head.

For the nitty gritty details and findings from this bankruptcy/sale, may I suggest this NeoGAF post.

Company of Heroes 2 looks cold

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That looks cold to me. I mean that both literally and figuratively. I didn’t see much that’s wowing me but I know Relic is going to produce a quality product.

I didn’t get into the original Company of Heroes expansions but I did enjoy the original a lot. I would have liked to have seen the sequel move into the Vietnam War and eventually into the Cold War era but perhaps they’re saving that for future games*.

* – This is assuming Relic will be around and will continue to make these games. THQ is getting desperate here.

Company of Heroes: Tales of Valor Announced

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Somehow I missed this when it posted two days ago.

It looks like THQ and Relic are going to bring us another Company of Heroes standalone expansion. Little to no details have been revealed about this “Tales of Valor” expansion. We can expect it in 2009, I can tell you that much.

I guess it’s also safe to say that Relic isn’t part of the massive employee cuts THQ is undergoing after posting some lower profit expectations.