IGDA source claims publisher has cancelled Warhammer 40,000: Dark Millennium Online, along with its entire 2014 lineup, due to financial trouble. UPDATE: THQ has denied rumor, saying it has not cancelled the planned MMOG or its 2014 lineup.
Source: The Twitter feed of Kevin Dent, head of the International Game Developers Association (IGDA) Mobile Special Interest Group.
What we heard: Late last year, THQ cut its quarterly sales forecast by one-quarter and laid off 30 employees from its Agoura Hills, California-based Play THQ team, citing weaker-than-expected sales from its Xbox 360 and PlayStation 3 versions of its uDraw gaming-tablet peripheral.
Now, an industry source is claiming that the publisher has cancelled its entire 2014 lineup, including development on Warhammer 40,000: Dark Millennium Online.
Kevin Dent, head of the IGDA Mobile Special Interest Group, first tweeted: "Apparently, The Game Workshops MMO has been cancelled by THQ", before going on to clarify that THQ's entire 2014 lineup has been cancelled because the publisher "needs to preserve cash."
Dent then revealed that THQ has apparently begun to return IP to publishers, tweeting that THQ has returned IP to Disney after paying an advance with no chance of a refund and that they "are offering themselves to Asian firms to increase value."
In a later tweet, Dent clarified his position by saying: "…until THQ says "x," it is all speculation and rumors."
The official story: THQ has replied with a "No comment" response. [Update: see below.]
Bogus or not bogus: It's too early to tell. Dent is well placed as an industry source, but THQ has had a good run in the past 12 months. Saints Row: The Third preorders tracked four times higher than Saints Row 2, with the publisher already announcing a Saints Row 4. This year, THQ is slated to release a new WWE game, Darksiders II, and Metro: Last Light.
UPDATE: THQ has responded with an official comment to the rumor, saying it has not cancelled its 2014 lineup:
"THQ has not cancelled its 2014 lineup and has not made any decisions regarding the planned MMO."
"As part of the ongoing review of our business, we have made decisions to ensure that the company is strategically addressing the most attractive markets. As we have previously announced, we have dramatically reduced our commitment to the kids' boxed games sector, which leads to a significantly more focused release schedule moving forward. Our slate for calendar 2012 and beyond is focused on high-quality core games and continues to build our digital platform and business. We are excited for our pipeline of original and high-quality content along with our relationships with some of the best talent in the industry."
"Additionally, we are thrilled with the great performance of Saints Row: The Third, which on a like for like period in North America has tripled in sell-through from Saints Row 2. In addition, WWE '12's worldwide sell-through sales are up almost 40 percent year-over-year for the same sales period with fewer platforms."
"According to NPD, for the month of December and the 2011 year, THQ was the number five publisher overall, number four third party, with reported sell through growing over 18 percent in a market that was down almost 6 percent. And coming up next, we have two great titles for the first half of the year, including UFC Undisputed 3 and Darksiders 2."
I think THQ will start making some great games now that they have hired a new president who clearly see's all the mistakes the company has been taking since 2008. Hmmm, thats right around when the companys stock went from $30 to 0.65 cents.
If they keep producing wrestling games like WWE 12' they deserve to tank.Here is a clue THQ on how to make wrstling games great again go back to your roots like Here Comes the Pain and bring that playstyle to modern adds and then you will roll in the $$$
All we can do as fans (and I speak only for those of us that are fans) is continue to support them by being loyal customers. I hope they can get out of the mess they're in.
@ Hugo_Fahkov I agree with you. I just finished another play through (3rd). It's better each time. Under rated game big time. Can't wait for the new one. PS: Cool screen name... I just got it!
i just waiting for darksiders2, and getting UFC Undisputed 3 they can have the rest of the games they came out in 2011 and now none of them impressing me at all
Given how screwed THQ has been this past year, I wouldn't really be surprised if this will be the case at one point or another. I don't know what they're doing wrong, I like a lot of games that they put out, and gladly rent or purchase them. Hopefully Darksiders 2 and Metro: Last Night help them out a bit.
Although I think THQ may have pressured Volition to make Red Faction Armageddon a linear shooter rather than the open world sandbox craziness RF:Guerilla was, causing the franchise to go into a coma, I still wish them well. THQ is one of the few publishers that seems more focused on getting out good games rather than just squeezing out a quick profit, Saints Row 3 DLC aside. I'm looking forward to Darksiders 2 as well. I hope THQ continues to do well and grow, as we need more alternatives to the EA/Activision duopoly.
THQ is a really solid developer. Honestly, I'd take THQ over EA or Activision any day. They're my second favorite mega publisher behind Take-Two, primarily because they don't typically rush products right out the door. In reaction to this "news," I can accept Gamespot doing articles on new console or game rumors, but to publish a rumor about an entire publisher possibly going under 2 years from now? Really?
I find it really odd that they would give up on launching games to sale that they've already pumped their money into... Does it cost more to launch a game than it does to make one... Just get them out - even through digital distribution and at least try and recoup some lost revenue.
The only one I'm interested in is Metro: Last Light. The previous, 2033, was awesome, and seriously underrated.
@nurnberg Gamespot has been running this thing, called [URL=http://www.gamespot.com/news/blogs/rumor-control/909119209/index.html]Rumor Control[/URL], for awhile now (nearly [/I] from their regular news section. Its purpose is to clarify the nature of a rumor, and try to ascertain the truth, as was done here. It's not here to simply state that rumors exist. Why do so many have trouble with this...?
Hopefully they lose the WWE license and AKI gets involved in the next game. Ever since the N64 era the games have been awful.
THQ is doing fine. Saints Row: The Third was overall a great success for them. I'm getting frankly sick of hearing all these rumor "news storys".
I've noticed it too, Gamespot is starting to look a lot like the wasteland that is N4G (which should really be called R4G)
Wow, I am really disappointed by Gamespot. This kind of "news" is trash. This is just rumors, and nothing is proven yet. Is Gamespot desperate for traffic or something? News are supposed to be factual.
Next gen the only companies that will be able to afford to make and publish games on consoles will be EA and Activision, and they'll just be pumping out the same games year after year. Meanwhile real games will be releasing in droves on Steam and independent distribution channels online for PC.
wow, wonder if this will send a message to the console companies about bilking us for more $$....doubtful...
THQ is doing fine, what in the world makes anyone think otherwise? They had some issues, but they seems to have done a decent job mending those.
Ditch the U draw stuff for Xbox 360/Playstation 3 and just refocus on making videogames. If THQ can make Darksiders 2 a great game as well as a decent wrestling game then they can pull the bacon out of the fire.
The best THQ games ever are (including Relic games because of the purchase): Company of Heroes Homeworld (1 and 2, plus expansions) Dawn of War 2 (plus expansions) Metro THQ should stick to what they know how to do - small scale RTS (or tactical games) using the amazing CoH concept and/or large scale space RTS. Maybe they could make one of those games (probably a "tactics" game") using the Metro scenario, would be very cool (and I'm waiting for Fallout: Tactics 2 forever now, even if it's not Fallout franchise). They lose money like maniacs cause they insist on doing the silly thing - compete in the FPS market, as overcrowded as it is (or 3rdPS - but games like Space Marine, a decent single player game but with bad multiplayer and not nearly worthy the A+ price) and making some other weird tries, like WWE titles. C'mon, you're not EA or Blizzard. Focus. You can make great games, just don't spread your resources too thin and do what you know how to do, THQ.
Things have not been good for THQ for quite some time. This isn't the first nasty rumour about THQ being in financial ruins. I know others like some of their other franchises (Warhammer, Saint's Row, etc), but the only THQ series I have ANY interest whatsoever is Metro. Sad but true.
The article above= RUMOR!! But really, THQ is actually a halfway dencent publisher, they've got games like saints row, metro, etc. THQ isn't a dick of a company either, unlike one certain publisher of a very popular first person shooter that has had 3 MW's, one being relased just at the end of last year. *cough* Activision *cough* *cough* anyway, where was i?
this is kinda confusing. first who is IGDA is that some kind of pollitical interest group or like a think tank and where do they get their information from cause they seems to be very much insider information. also if there sales are up why do they need to lay people off specially with such high sales for saints row three and also Warhammer Space Marine wasnt even mentioned which although it didnt sell amazingly i think it sold like 3 million units which is a crap load so whats up with this
Shame to see THQ laying off people despite just releasing Saints Row 3, not to mention games like Darksiders 2 and Metro Last Light on the way. How exactly are they losing money again?
I don't know what to believe. Maybe all of this is just a trick and they will not release anything. Maybe they will release something. Just wait and see.
Considering how well saints Row is doing and how well their other franchises typically do, I can't see this as being possible.
Honestly, if the 40K MMO gets canned I can't say I believe it's due to budget cuts. When's the last time anyone really heard a word about it, besides now? Was it E3 2010? I'll be happy if I'm wrong and they're still on track.
I just love it when companies say one thing but mean....... "well, it's a recession so we have cut everything (including customer service and innovation) to the bone. Yes we have to lay off lots of people because we simply can't take any risks with lazy, no vision board of directors compensations which are vastly overblown to begin with. But not to worry, be assured we will come out with new products that are entirely lame and will ultimately fail because we refuse to innovate anymore. Thank you, have a nice day with our crappy products!"
MMO usuasly save companies from going down under, look at SE FFXI saved their necks plenty of times.
Metro 2033 and Company of heros are the best games THQ have brought out in a while. Red Faction: Armageddon was an aweful car wreck of a game and the best THQ game ever is the original Destroy All Humans.
I really hope they don't think they can survive off of WWE, Saints Row and Warhammer forever. :? Most of their IPs have been iced.
Content you might like…
Users who looked at this article also looked at these content items.
Avalanche Studios co-founder says developer's ambition is for action, not moments that make players cry; steampunk-style game on hold. Full Story
- Posted May 15, 2013 11:33 pm AEST
4A Games creative director Andrew Prokhorov thanks Jason Rubin for telling the studio's story, but says, "We deserve the ratings we get." Full Story
- Posted May 17, 2013 5:44 am AEST