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THQ Sets Sale Of Remaining Games

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Agoura Hills-based videogame maker THQ --or at least, what's left of THQ--released the details of how it plans to sell its remaining intellectual property late Tuesday, saying it expects to complete the bidding and sale of the properties by mid-May. THQ sold the rest of its studios and games in a deal last month, worth $72M.

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THQ Seeks Buyer As Sales Slip

socalTECH

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. in revenues.

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THQ Drastically Lowers Sales Guidance

socalTECH

Agoura Hills-based videogame maker THQ has drastically lowered its sales guidance, saying early this morning that it has updated fiscal guidance for its fiscal first quarter ending June 30th and fiscal year ending March 31, 2011, due to "lower than anticipated sales" of its title UFC Undisputed 2010, plus a strengthening US dollar.

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THQ Releases Homefront Sales Figures

socalTECH

Agoura Hills-based THQ said Wednesday afternoon that it has shipped approximately 375,000 units of its new Homefront first person shooter in its first day, in north America. THQ's title is set in the u.S. THQ said it will be shipping the title in Europe and Asia Pacific throughout this week. READ MORE>>.

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Machinima, THQ Team To Promote Nexuiz

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Machinima , the Los Angeles animated videogame content developer and publisher, and Agoura Hills-based game developer THQ said today that they have teamed on a new, downloadable shooter game called Nexuiz. Details of the link between Machinica and THQ were not disclosed. READ MORE>>.

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THQ Sells Off UFC Rights To EA

socalTECH

Agoura Hills-based THQ said late Monday that it has sold off its rights to produce titles for the Ultimate Fighting Championship (UFC) brand, to Electronic Arts. Financial details of the sale were not disclosed. THQ said the sale is part of a "more focused strategy" for the company, whic has been struggling in the last year.

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THQ Axes Expansion Plans, Delays Saints Row Release

socalTECH

Agoura Hills-based videogame maker THQ is shifting its plans today to release an expansion for Saints Row: The Third. THQ said the move came due to a desire to "expand the fiction of the franchise." THQ said the move came due to a desire to "expand the fiction of the franchise."

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