THQ - Chapter 11 Filed
I’m really starting to feel the age of reckoning is coming. THQ has announced that they have filed for Chapter 11 bankruptcy. THQ currently owns 4 studios that developed Darksiders, Saints Row, and currently in development for South Park: The Stick of Truth (do want!), and a sequel to Company of Heroes.
The publisher is attempting to sell and restructure as needed in order to keep profits afloat. Basically they’re pulling an AmericanAirlines. The company is not going to stop current production and they have full intent on recouping their losses. This is more of a step to prevent the really bad bankruptcy that could happen with the way the gaming market has been lately.
Everyone will still keep their jobs for the time being, there just might be some new faces in the executive line-up and some different owners. We’re still getting The Stick of Truth, and another Darksiders. Past that, it’s up in the air.