MX vs. ATV Series

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THQ defends studio closures

THQ recently closed down studios and cancelled projects in Australia. Now company CFO Paul Pucino defended the decision to a group of investors, saying the cancelled projects weren't "consistent" with the company's new strategy.

MX vs. ATV Series

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THQ closes two studios, shelves MX vs. ATV

by Alice O'Connor, Aug 10, 2011 6:00am PDT
Related Topics – MX vs. ATV Alive, xbox 360, wii, PlayStation 3, Business, Nintendo 3DS, THQ, PC, Nintendo DS, MX vs. ATV Series
THQ closes two studios, shelves MX vs. ATV

THQ has laid off around 200 people as part of a "strategic realignment," shutting down another two development studios, as well as shelving the MX vs. ATV series and closing its dev team. The developer and publisher is shifting away from licensed children's games and movie tie-ins to focus on "broad appeal" multiplatform IP it owns.

Read more: THQ's future plans ยป

"I'm willing to bet "broad-appeal IP" means Facebook games. Sad to hear that with Rainbow ..."
- AnamonCH    See all 4 comments


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