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THQ, WWE Expand Marketing Efforts

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Agoura Hills-based videogame maker THQ , and World Wrestling Entertainment (WWE), said this morning they are in a new marketing agreement. The two companies said that WWE-branded video games developed by THQ will be integrated into events, pay-per view and television sponsorships, magazines, and other WWE properties.

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Rumors Swirl Around THQ

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Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business.

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THQ Regains NASDAQ Minimum Bid Compliance

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Agoura Hills-based videogame maker THQ reported this morning that it has regained compliance with the minimum bid price rule for continued listing on the NASDAQ Global Select Market. THQ had been hovering below the $1.00 THQ had been hovering below the $1.00 The company's split adjusted price is now trading around $5.16.

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THQ Deal With Syfy Takes de Blob to Screen

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Agoura Hills-based video game developer THQ and television channel Syfy said Thursday they will be jointly creating new concepts and intellectual property based on THQ's video games. THQ introduced de Blob in 2008. Tags: syfy deblob videogame content hollywood television. READ MORE>>.

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THQ Plans Reverse Stock Split

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Battered videogame developer THQ , which has been suffering from a downturn in its business, said today that it is planning a 1-for-10 reverse stock split, in order to raise its per share trading price so that it will regain compliance with a $1.00 per share, minimum bid price required by the NASDAQ Global Select Market.

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THQ To Lay Off 600

socalTECH

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. THQ said the move was a response to the continuing uncertainty in the market. READ MORE>>.

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