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-   -   Saints Row/WWE developer THQ heading for bankruptcy [Shares plummet overnight] (https://www.thisisbigbrother.com/forums/showthread.php?t=196126)

Scarlett. 02-02-2012 07:38 PM

Saints Row/WWE developer THQ heading for bankruptcy [Shares plummet overnight]
 
CEO and Board of directors to take paycuts

240 staff axed

Unable to meet NASDAQ listing requirements

This follows on from rumours earlier this year of them shelving all of 2013's games and the cancelling of numerous franchises such as Red Faction last year

Ramsay 02-02-2012 07:39 PM

aw **** :(

Brother Leon 02-02-2012 07:43 PM

Someone needs to pick up both of those games very quickly.

Shaun 02-02-2012 07:43 PM

Noooooooo :(

Samuel. 02-02-2012 07:56 PM

I think WWE could benefit from this.

Just hope this isn't the end of Volition.

Scarlett. 02-02-2012 07:59 PM

THQ bought out Volition a few years back after Volition were heading for bankruptcy themselves D:

Scarlett. 04-02-2012 02:21 AM

This should highlight the severity
http://i.imgur.com/zW9Rr.jpg

THQ unveils future plans

Losses over $55m

uDraw blamed for losses up to $100m

CEO believes an new Xbox would turn around THQ's fate

Smithy 04-02-2012 02:23 AM

http://gagadaily.com/public/style_em...efault/omg.png

Shaun 04-02-2012 02:29 AM

30%. Ouch. :|

Scarlett. 04-02-2012 02:32 AM

It's getting worse...look at the latest figures
http://i41.tinypic.com/3357dso.jpg


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