THQ Files for Chapter 11 Bankruptcy!

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Crayo

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Beleaguered Saints Row publisher THQ has filed for Chapter 11 bankruptcy, the company announced today. It has entered into an asset purchase agreement with a bidder to acquire "substantially all of the assets of THQ's operating business." This includes the company's four wholly-owned studios and games in development.


"The sale will allow THQ to shed certain legacy obligations and emerge with the strong financial backing of a new owner with substantial experience in software and technology," the company said in a statement.

Source: GameSpot

Ouch.
 

Senhor Perfect

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Maybe Square-Enix will buy it and make a WWE RPG. I'd be down for some of that! :happy:
 

Roach

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Was pretty obvious this would happen when they had the Humble Bundle thing where you could buy like 5 games for less than 1 game. Shame to see really, they had some decent games.
 

Stopspot

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Any idea if WWE games are made by a in house studio or if they are just published by THQ?
 

Cloud

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WWE games are made by Yuke's aren't they and THQ is the publisher?
 

Jonathan

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Yep, Cloud is right.

Developed by Yukes Inc and published by THQ.
 

Crayo

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"Xbox360 and PS3 versions developed by THQ San Diego"

Source: http://wwe.thq.com/go/view/roster

Edit: But then it says at the top "WWE ’12 and WWE Smackdown vs. Raw 2011 developed by YUKE’S Co., Ltd. YUKE’S Co., Ltd. and its logo are trademarks and/or registered trademarks of YUKE’S Co."
 

Cloud

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Says Yuke's on wiki and THQ as publisher

http://en.wikipedia.org/wiki/WWE_13
 

catlady

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Here is to hoping 2K sports picks up WWE & keeps Yuke's.
 

leojay

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Britanica said:
& keeps Yuke's.

Why would anyone want this? They release half-assed games every year full of game breaking glitches.