socalTECH

JANUARY 16, 2012

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. READ MORE>>.

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THQ Agoura Hills Layoffs Agoura 145

socalTECH

NOVEMBER 20, 2012

Troubled videogame maker THQ said late Tuesday that its CFO, Paul J. Pucino, has resigned, and that the firm is in the midst of negotiations with a "financial sponsor" to provide financing alternatives to the company. The company did not say why Pucino decided to leave the firm. READ MORE>>.

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socalTECH

JUNE 5, 2012

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. According to THQ, the sale resulted in an undisclosed cash payment to THQ, and allows THQ to continue to publish its existing console and mobile titles through March 31, 2013.

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THQ Agoura Hills Electronic Arts Agoura 124

socalTECH

JULY 24, 2012

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 Agoura Hills Agoura Pricing 133

socalTECH

JULY 2, 2012

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. READ MORE>>.

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THQ Layoffs Pricing Marketing 124

socalTECH

MARCH 29, 2012

Agoura Hills-based game developer THQ said Thursday afternoon that it is cutting 114 employees, and that it has "refocused" its efforts on its Warhammer 40,000: Dark Millennium development efforts. The cuts come at THQ's Austin studios, where 79 employees have been cut, along with its Vancouver, B.C.

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THQ Agoura Hills Agoura Invest 140

socalTECH

APRIL 18, 2012

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million. READ MORE>>.

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THQ Agoura Hills Layoffs Agoura 124

socalTECH

NOVEMBER 3, 2011

Agoura Hills-based videogame maker THQ said Thursday that it expects to see the "biggest quarter in company history" due to holiday sales this season, as it reported nearly doubling its net sales in the three months ended September 30th. The company said it had net sales of $146.0 million, compared with $77.1M in the quarter.

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THQ Agoura Hills Agoura .Net 133

socalTECH

APRIL 25, 2012

Agoura-based videogame developer THQ has sold off its value PC software arm, ValueSoft , to Westminster, California-based Cosmi , the firms said this morning. THQ said the sale will allow the company to focus on its core video game portfolio. Financial terms of the sale were not disclosed.

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socalTECH

JANUARY 25, 2012

Agoura Hills-based videogame developer THQ said Wednesday that it is exiting the kids' games business, and will instead focus on its "core" video game franchises. According to THQ, it is exiting its relationship with kids' licensed entertainment companies, although it will continue to sell certain previously released titles it the category.

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socalTECH

DECEMBER 13, 2010

Agoura Hills-based THQ announced today that it is in a multi-year deal with the writer and director of Hellboy, Guillermo del Toro, to develop a new trilogy of videogames. THQ said that it is working with Volition Inc. on a new game trilogy called inSANE, where del Toro will act as external creative director. READ MORE>>.

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socalTECH

MARCH 29, 2012

Agoura Hills-based game developer THQ said Thursday afternoon that it is cutting 114 employees, and that it has "refocused" its efforts on its Warhammer 40,000: Dark Millennium development efforts. The cuts come at THQ's Austin studios, where 79 employees have been cut, along with its Vancouver, B.C.

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THQ Agoura Hills Agoura Invest 127

socalTECH

MAY 29, 2012

Agoura Hills-based THQ said Monday afternoon that it is in a "major" leadership restructuring, and has set Jason Rubin as President of the firm. THQ said Rubin will report to Brian Farrell, the company's Chairman and CEO, and that former EVP of Core Games Danny Bilson is leaving to "pursue other interests."

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THQ Agoura Hills Agoura Activision 140

socalTECH

FEBRUARY 12, 2010

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. Financial details of the effort were not disclosed. READ MORE>>.

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THQ Agoura Hills Screening Agoura 154

socalTECH

FEBRUARY 4, 2009

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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THQ Agoura Hills Layoffs Agoura 100

socalTECH

MAY 6, 2009

Agoura Hills-based video game maker THQ reported its yearly results Wednesday afternoon, reporting that it saw a net loss of $431.1M Those previously announced cuts will save the company $220M in its fiscal 2010, the firm said in its earnings report. on sales of $830.0M. The losses were significantly higher than the $35.3M a year ago.

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THQ Agoura Hills Report .Net 100

socalTECH

JULY 29, 2009

Agoura Hills-based THQ has swung back into the black, saying Tuesday evening that it had net income of $6.4M The quarter, which ended June 30th, reversed a string of big losses and declines for the company over the last year, which resulted in major layoffs and studio closures at the firm in November and February. on sales of $243.5M

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THQ Agoura Hills Agoura Layoffs 100

socalTECH

APRIL 6, 2020

According to the company, it will launch a season of live broadcasts and on-demand programming with editorial coverage, beginning in early June, working with such partners as 2K, Square Enix, SEGA, Bandai Namco, Amazon, Google, Twitter, Devolver Digital, THQ Nordic, and others.

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Demand THQ Entertainment Google 113

socalTECH

AUGUST 17, 2016

Pasadena-based Like Pizza , founded by veterans of Disney Mobile and THQ Wireless, says it has launched a new digital media studio, which it says will combine games and serialized animation into mobile apps. Buzzi was previously at The Walt Disney Company's mobile division, and was involved in titles such as Where's My Water?

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Mobile THQ Marketing Pasadena 100

socalTECH

JANUARY 21, 2016

Los Angeles-based online invitations service Evite has named Paul Pucino as the company's new Chief Financial Officer, the firm said today. Pucino is a longtime veteran of Southern California's technology industry, having served as CFO of such companies as THQ, Digital Insight, and Tekelec.

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Evite THQ Southern California Los Angeles 100

socalTECH

MAY 15, 2014

Woodland Hills-based United Online said Wednesday that it has named Edward Zinser as the company''s new Chief Financial Officer and Executive Vice President. Zinser was most recently EVP and CFO of THQ, and also had served as EVP and CFO of Vivendi Universal Games.

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Woodland Hills THQ Networking Company 147

socalTECH

AUGUST 17, 2012

According to the companies, Sleepy Giant is using Joyent for its online games, to scale up and down its capacity as needed. Sleepy Giant says on its web site that it provides its services to such clients as Smart Bomb Interactive, Abandon Interactive, Herotainment, Atlus Online, THQ, and others. READ MORE>>.

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socalTECH

JUNE 10, 2013

Pucino is a veteran CFO at technology companies in Southern California, and has previously served as EVO and CFO of THQ, EVP and CFO of Classmates Media Corporation (part of United Online), in addition to serving as Digital Insight, Galileo International, Tekelec, and Dean Witter, Discovery & Co.

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THQ Technology Southern California San Diego 138

socalTECH

MAY 18, 2011

Santa Monica-based Demand Media has hired on an investor relations head, the company announced today. MacMedan joins the firm from THQ. Demand Media said it has appointed Julie MacMedan as its Vice President, Investor Relations, reporting to CFO Charles Hilliard. She has also served at PondelWilkinson Inc, and the NASDAQ OMX.

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Demand Media THQ Santa Monica 133

SoCal Tech Calendar

OCTOBER 19, 2009

With all of the major console and PC video game companies in Los Angeles (Electronic Arts, Activision, THQ, Blizzard), it only makes sense to discuss how more and more games are bringing in aspects of social media to enhance game play. Tuesday, October 20, 2009 -- Games Go Social. See [link] (more).

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Electronic Arts THQ Activision Social Media 100

socalTECH

JULY 8, 2010

McCurdy was previously at Electronic Arts, serving as Vice President of Technology, and was behind the company's online division and massively multiplayer online games (MMOG) efforts. Steuer was most recently a VP at Twistbox, and has also served at THQ, MINICK, and Distefora. On the executive side, Titan said it has hired David D.

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Electronic Arts MyLife THQ Clearstone 200

socalTECH

DECEMBER 5, 2008

According to layoff filings, required in California of certain companies, Activision Blizzard is looking to lay off 4 employees in El Segudno, and 23 employees in Los Angeles on December 19th. California requires companies to give employees at least 60 day notice of mass layoffs.

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Activision Los Angeles El Segundo Layoffs 124

SoCal CTO

FEBRUARY 4, 2009

But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.

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Layoffs Woodland Hills Southern California Orange County 159