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ThisisBigBrother.com - UK TV Forums > Non Big Brother Chat > Tech, Movies & Video Games > Saints Row/WWE developer THQ heading for bankruptcy [Shares plummet overnight]
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Old 02-02-2012, 07:38 PM #1
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Thumbs down 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
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Old 02-02-2012, 07:39 PM #2
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Old 02-02-2012, 07:43 PM #3
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Someone needs to pick up both of those games very quickly.
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Old 02-02-2012, 07:43 PM #4
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Noooooooo
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Old 02-02-2012, 07:56 PM #5
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I think WWE could benefit from this.

Just hope this isn't the end of Volition.
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Old 02-02-2012, 07:59 PM #6
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THQ bought out Volition a few years back after Volition were heading for bankruptcy themselves
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Old 04-02-2012, 02:21 AM #7
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This should highlight the severity


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
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Old 04-02-2012, 02:23 AM #8
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Old 04-02-2012, 02:29 AM #9
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30%. Ouch. :|
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Old 04-02-2012, 02:32 AM #10
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It's getting worse...look at the latest figures
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