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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.
Troubled Agoura Hills-based videogame maker THQ has officially been broken up into pieces and sold, according to the firm Wednesday evening, after a U.S. Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. Vigil Games and a number of other properties remain with THQ in Chapter 11.
Agoura Hills-based video game developerTHQ 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.
Agoura Hills-based THQ said today that it has tied with mobile game developer ngmoco , on a new Star Wars title, Star Wars Imperial Academy. THQ said that the new title will run on iPhone and iPod touch. READ MORE>>.
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.
Agoura-based THQ said Thursday that it is chopping 240 jobs as part of a "realignment" of its organization, as it exits the kids licensed video game market. THQ said the cuts would save the firm approximately $160M annually between general and administrative costs and product development. READ MORE>>.
Battered videogame developerTHQ , 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.
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.
Agoura Hills-based THQ reported late Tuesday that the firm's Executive Vice President of Publishing, Scott Guthrie, has resigned. The firm said that Guthrie--who was responsible for the firm's North American sales, distribution, and marketing--is pursuing another opportunity. READ MORE>>.
Are you a videogame developer heading out on your own? Maybe an ex-THQ employee hitting the streets? There was a time in console and PC game development when developers could enter a publishing agreement and retain the rights to the IP they created.
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