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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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THQ Details Buyers, Numbers After Fire Sale

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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.

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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. READ MORE>>.

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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

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THQ To Cut 240 Employees

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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>>.

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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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