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THQ: We’re Not Cancelling Anything

January 16, 2012 by Mat Growcott

Despite tweets to the contrary, THQ PR is quick to deny that any of their games are being cancelled and that financial difficulties are bogging down the company.

THQ PR have told VG24/7 that the developers difficulties have been overblown. The report that circulated the internet based upon the tweets of Kevin Dent, CEO of Tizwaz Entertainment, was that THQ had cancelled its entire 2014 games line-up and that it was trying to sell itself to Asian firms in an attempt to increase their value.

THQ have expressly denied the claims, saying nothing has been cancelled and that things are just peachy. 

“As part of the ongoing review of our business, we have made decisions to ensure that the company is strategically addressing the most attractive markets. As we have previously announced, we have dramatically reduced our commitment to the kids’ boxed games sector which leads to a significantly more focused release schedule moving forward. Our slate for calendar 2012 and beyond is focused on high-quality core games and continues to build our digital platform and business. We are excited for our pipeline of original and high-quality content along with our relationships with some of the best talent in the industry.

“Additionally, we are thrilled with the great performance of Saints Row: The Third, which on a like for like period in North America has tripled in sell-through from Saints Row 2. In addition, WWE ’12’s worldwide sell-through sales are up almost 40% year-over-year for the same sales period with fewer platforms. According to NPD, for the month of December and the 2011 year, THQ was the #5 publisher overall, #4 third party, with reported sell through growing over 18% in a market that was down almost 6%. And coming up next, we have two great titles for the first half of the year including UFC Undisputed 3 and Darksiders 2.”

So what's true and what's fabrication? It's probably a little from column A and a little from column B, you have to remember that the above is from THQ's PR department, from people whose job it is to make it seem like everything is fine, even when it's not. The only certainty is that Mr Kevin Dent will be getting a rather nasty email this morning…

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