THQ has consolidated with an investor, Clearlake, and revealed that Clearlake are interested in buying majority of THQ's components. That is: the developing teams, THQ titles, scripts and all copyrighted material, and even current projects with their contractual ties. Clearlake is providing the opportunity for THQ to rebuilt it's company from the debt that it currently faces, as Clearlake is providing enough money for current THQ projects to be finished and released to the market. Clearlake is even looking at providing a large enough investment in THQ to subsidize future planned THQ titles.
Bankruptcy however is a necessary step for THQ to continue and successfully rebuilt itself. The term, despite its traditional negative connotation, should in fact bring joy to the fans of THQ rather than fear. By launching applications for Bankruptcy the company will be able to rebuilt itself, with the help of investors such as Clearlake, rather than being forced to liquidize the company.
Ultimately once the public is able to clear speculation, and with a little education on fiancee majority of the public will be able to rejoice at the opportunity that was given to THQ to continue to impress us with its outstanding game history.
Done Did It looks forward to more titles such as Saint's Row, Dawn of War and Company of Heroes.
- Murray of D.D.I
Source: Luke Plunkett, Kotaku, <http://www.kotaku.com.au/2012/12/thqs-boss-explains-in-plain-english-what-the-hell-happened-to-his-company-today/>
GG THQ, better luck next time :P
ReplyDelete