Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
San Diego, CA 08/21

Regularly scheduled events

Rumor: THQ Closing Studios?

Kotaku reports THQ may be in the process of shutting down four or five of its development studios, saying Paradigm Entertainment and Juice Games are two of the potential victims of these cuts, referring to their sources for this rumor as simply "sources." The veracity of this report is bolstered by the THQ Studio System Webpage, which now lists 11 studios, while THQ's Wikipedia entry lists 16 studios. The missing entries are Helixe, Locomotive, Mass Media, Paradigm, and Sandblast Games. And although Juice Games is mentioned in the rumor, but is still listed on the THQ website, the Juice Games Wikipedia entry says: "Juice Games is currently based in one office in Warrington, UK, and employs over 40 staff. Over 30 staff were laid off as part of THQ's reorganisational operations on the 3rd November 2008." Edge Online has a story about Wedbush Morgan analyst Michael Pachter's new guidance for Activision and THQ, citing "poor execution for the last 18 months" as a reason for slashing expectations for THQ in addition to "recent market contraction."

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Free Umbrella Corps Weekend
EVE Online Free Weekend
F1 2016 Released
TOXIKK & Free Trial Next Month
Bonus Weekend in GTA Online, Battleborn, Evolve
Dishonored 2 Gamescom Video
Prey 2 Video
Evening Patches
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
etc., etc.
Into the Black
Europa Universalis IV Rights of Man Announced
Deus Ex Mankind Divided Reviews
Umbrella Corps Adds Content
Morning Consolidation
Morning Metaverse
  

 



footer

Blue's News logo