THQ Revives Korean BBQ Truck

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Agoura Hills-based videogame maker THQ has revived its North Korean-themed food truck, the Pyongyang Express , as it gears up for the release of its first person shooter game Homefront. THQ had originally rolled out the truck last year in Los Angeles in a test run of the promotion.

THQ Sets Deepak Chopra Title Release

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Agoura Hills-based videogame maker THQ is diverging from the usual, first-person-shooter and action games genre with its latest title, saying Monday that it will be publishing a new title from author Deepak Chopra. According to THQ, the new title will be published later this fall.

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THQ Launches UFC Facebook Game

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Agoura Hills-based videogame maker THQ said this morning that it has launched a new, UFC-themed Facebook game. THQ said it has tied with Zuffa, LLC to launch UFC Undisputed Fight Nation, a Facebook game based on the mixed martial arts organization the Ultimate Fighting Championship.

THQ Chops 30

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Agoura Hills-based THQ , the developer of videogames, has cut 30 of its staff, due to poor performance of its uDraw tablet for the Wii, Xbox 360, and PS3.

THQ's Homefront Hits Retailers

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Agoura Hills-based THQ said today that its newest gaming title, Homefront, has hit retail stores. THQ has recently been promoting the game through Los Angeles and other parts of California with a rigged up "Pyongyang Express" food truck.

THQ Chips 114 Employees, Refocuses Warhammer Efforts

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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. THQ explained that decision came because of the additional investment that would have been required to make the game a MMO, and because it was unable to find a business partner to help it reach that goal.

THQ Ships New uDraw Tablet

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Agoura Hills-based THQ announced today that it is shipping an updated gaming accessory for the Wii, Xbox 360, and Playstation 3 tomorrow, its uDraw GameTablet.

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. The two said that THQ will use its retail and online publishing network, and Machina its active community of dedicated gamers, to drive awareness and sales of the new title, which will be released in early 2012.

THQ Ties With Random House Publishing

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Agoura-based THQ , the videogame maker, reported today that it has linked with publisher Random House Publishing Group , where the two will co-develop intellectual property. Random House and THQ said the two will develop a collection of games and books, as well as other media.

THQ Signs Turtle Rock Studios

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Agoura Hills-based videogame publisher THQ said Thursday that it has signed Turtle Rock Studios , a game development studio, for an upcoming, un-named title.

THQ Chops Studios In Realignment

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Agoura Hills-based THQ , the videogame maker, said late Tuesday that it is chopping two studios and a team, as part of a "strategic realignment" of its operations.

THQ To Exit Kids Games, Focus On Core Gamers

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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. THQ did not say how the move will affect its employment.

THQ Inks Distribution Deal

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Agoura Hills-based THQ said Wednesday that it has inked a distribution deal with Codemasters , to distribute four games for that firm. THQ said it will distribute DiRT 3, operation Flashpoint Red River, BODYCOUNT, and F1 2011 for Codemasters in North America.

THQ, Mattel In Video Game Deal

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Agoura Hills-based THQ and El Segundo-based toy maker Mattel said this morning that the two are in a new, multi-year alliance focused on developing and publishing video games based on Mattel's toys.

THQ Names Communications Exec

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Agoura Hills-based videogame maker THQ said Tuesday that it has named Angela Emery as the firm's Vice President of Corporate Communications. MacMedan also was VP of Investor Relations, which THQ said it is planning to hire.

THQ Sells ValueSoft Division To Cosmi Software

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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. ValueSoft, which is based in Chaska, Minnesota, distributes value priced PC games.

THQ Sets Saints Row Sequel

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Agoura Hills-based THQ said Thursday that it is working on the next sequel of its Saints Row' series, Saints Row: The Third - Enter The Dominatrix. THQ said that it will ship the title in the fall, and will ship on Xbox 360, PlayStation 3, and PC, for $29.99. THQ said it has shipped more than 11 million units of the franchise so far. THQ did not give an exact ship date on the new title.

THQ Signs Innovative Leisure

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Turmoil over at Agoura Hills-based videogame developer THQ apparently isn't stopping the company from inking new deals. THQ said Friday that it has linked in a strategic agreement with Innovative Leisure , a new digital development studio. THQ said that Innovative Studio was founded by Seamus Blackley, technical director of the original Xbox, and includes a number of designers best known for their roles at Atari.

Report: THQ Cutting 170

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Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. The report of the cuts apparently came via gaming insider Kevin Dent.

THQ Selects Crytek For New Homefront Title

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Agoura Hills-based videogames firm THQ said this morning that it has linked with gaming developer Crytek , to develop its next title in its Homefront franchise. Homefront is THQ's post-apocalyptic, first-person-shooter (FPS) action game, which involves North Korea invading the United States.

THQ Raises Q4 Outlook

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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.

THQ Plans Next WWE Installment

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Agoura Hills-based THQ announced the next installment of its WWE focused videogames, WWE '13 this morning, saying that it plans to release the latest WWE title on October 30th. THQ said the new title will include WWE Live, an audio and presentation system which will feature the atmosphere of a live WWE event, a flashback to WWE's "Monday Night Wars" and the era of Stone Cold Steve Austin; and new animation and controls, among other enhancements.

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. THQ also cut the salary of President and CEO, Brian J.

THQ Sells Off UFC Rights To EA

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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. THQ said the sale is part of a "more focused strategy" for the company, whic has been struggling in the last year.

THQ, Twentieth Century Fox Tie On RIO

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Agoura Hills-based videogame maker THQ said today along with Twentieth Century Fox Consumer Products that they are releasing a new set of games based on the recent RIO movie. THQ said it will ship the RIO video game on the Xbox 360 video game, PlayStation 3, Wii, and Nintendo DS.

THQ Expects Big Holiday Quarter

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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. THQ also predicted a huge Q3 for the company, due to the release of Saints Row: The Third, the uDraw GameTablet, and WWE '12.

THQ Revives 80's Cartoon Voltron

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Agoura Hills-based videogame maker THQ has announced today that it is reviving 1980's cartoon hero Voltron , in a new video game called Voltron: Defender of the Universe.

THQ Axes Expansion Plans, Delays Saints Row Release

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Agoura Hills-based videogame maker THQ is shifting its plans today to release an expansion for Saints Row: The Third. THQ said this morning that it will instead incorporate the formerly standalone expansion pack, Saints Row: The Third - Enter the Dominatrix, into a new title tentatively titled "The Next Great Sequel in the Saints Row Franchise". THQ said the move came due to a desire to "expand the fiction of the franchise."

THQ Taps Naughty Dog's Rubin In Restructuring Effort

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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." Ribin is the co-founder of game developer Naughty Dog, and co-created that firm's popular Crash Bandicoot and Jak and Daxter titles.

THQ Bankruptcy Sale Delayed

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The bankruptcy sale of Agoura Hills-based videogame publisher THQ has been delayed until January 22nd, after a judge ruled yesterday that the delayed sale will allow other interested parties to bid for individual assets or the entire company. THQ also said that the court approved Clearlake Capital Group's bid for the entire company. The ruling came after the company's lenders and others who had complained that the original timeframe for THQ's bankruptcy sale was too short.

THQ Gains Credit Facility

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Agoura Hills-based videogame maker THQ today said it has entered into a new credit facility with Wells Fargo Capital Finance, worth up to $50M for working capital, plus increases to $75M during peak sales periods.

THQ Names Production VP

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Agoura Hills-based THQ announced this morning that it has named Ron Moravek as its new Executive Vice President, Production. Moravek is the former co-founder and COO of Relic Entertainment, which he sold to THQ in 2004. He also served at Electronics Arts, Canada, and most recently was a senior advisor to security firm NuCaptcha. READ MORE>>. executive production videogame content

THQ Files For Bankruptcy

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Agoura Hills-based vidoegame maker THQ has filed for Chapter 11 bankruptcy, and is now seeking a buyer, according to the company Wednesday. THQ said that it has entered into an asset purchase agreement with affiliate of Clearlake Capital Group, L.P. As part of the move, THQ said it has received commitments for debtor-in possession (DIP) financing of approximately $37.5