THQ's announced an "updated business strategy" following denied rumours this month that it's positioning itself for sale.
"The company will continue to build its strong portfolio of core game franchises and align its resources to deliver games on both existing consoles and new and emerging platforms," it explained.
"The company intends to accelerate digital revenues by extending and supporting key console launches, and to create dedicated digital properties for emerging platforms."
Despite rumours of cancellations, THQ states that its five internal studios are developing games including UFC Undisputed 3, Darksiders II, Company of Heroes, inSANE, Saints Row, Warhammer 40,000, and the new title from Patrice Désilets and his team.
The company also continues to work with "prominent external development talent" on "both existing and new franchises," the firm states.
"THQ's goal is to optimize its portfolio for the current generation of consoles and to establish new franchises on the next generation of game devices," it adds.
"THQ will be a more streamlined organization focused only on our strongest franchises," said Brian Farrell, President and CEO, THQ.
"The success of Saints Row: The Third is an example of what our revised strategy and focus can achieve. We have now shipped 3.8 million units globally and are currently expecting to ship between five and six million units lifetime on this title.
"Additionally, our robust digital content offerings for this game have resulted in the highest digital revenue of any console title in our history."
The news follows calls earlier today from a group of former THQ staff for four "underqualified" senior executives, including CEO Brian Farrell, to be fired. In a letter sent to THQ's board of directors and several investors (via Edge), the ex-employees claim that "chronic and constant mismanagement" caused a slew of layoffs and studio closures.
Comments
7 comments so far...
StonecoldMC on 25 Jan '12 said:
Fair play to THQ, the market is tough on the majority of businesses out there right now, I hope your gamble pays off!
BenThomasFoster on 25 Jan '12 said:
Company of hero's still being mentioned. Maybe an up coming game! also "loling" because i remeber when THQ had that spending spree and touted it would become as big as activision ect
Imaduck on 25 Jan '12 said:
Good call, focus on the core games and gamers, that's the stable market and the one that scales best with time. I've supported THQ better in the last few years than EA or Activision, in simply buying the games they publish, they've released some great stuff and I can't wait for Darksiders 2
. THQ over the other big names any day. Respect.
verynaughtyboy on 25 Jan '12 said:
Great strategy from my point of view. I hope they continue to release high-standard, huge, single-player experiences! Come on Darksiders II!
TheLastDodo on 25 Jan '12 said:
Looking at their lineup I think I'll be doing the same.
I think that most games I've bought this gen are made or published by EA following their turn in 2008 to focus on "core games" and new IP's.
THQ seem to be going down the same path as 2008 EA.
FlacidDonkeyGuy on 26 Jan '12 said:
So long a they keep churning out DOW games & that MMO I will be happy.
Fr33Kye on 26 Jan '12 said:
Welcome Thq. Sit down wherever, grab a drink, leave your dlc at the door.