The Ninjabot

Categorized | Games, News

THQ Bankrupt

Posted on January 23, 2013 at 2:18 pm by Stephen Janes

Publishing company THQ has closed its doors and sold pretty much all of their assets. More importantly, nearly all those who were employed by THQ were forced to pack up their belongings and go job hunting. It’s an unfortunate turn of events, especially considering that we reported how Atari was filing for bankruptcy.

We do know that the following titles have been sold off and although they have to go through a government approval phase, there shouldn’t be too many roadblocks. Here is what has been confirmed:

SEGA has purchased Relic, developer of Company of Heroes and Warhammer 40,000: Dawn of War

Crytek purchased the rights for the Homefront franchise (currently working on Homefront 2)

Koch Media purchased Volition, which includes the Saints Row franchise and the Metro franchise

Ubisoft has purchased the rights to South Park: The Stick of Truth and THQ Monetreal

Two of the bigger franchises from THQ, Darksiders and the WWE games, have yet to find a new home, but the early rumors suggest that Take Two is looking to acquire the WWE games license. Kotaku has also been able to obtain a copy of the letter that was sent out from President Jason Rubin to all employees, informing them of their impending unemployment (read here).

The news is unfortunate and we hope that everybody who worked at THQ can bounce back on their feet and find a job somewhere. I know many other publishers and developers have taken to twitter and are looking to help those where needed.

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