CEO Yves Guillemot says troubled THQ has "good things" that publisher may consider purchasing.
Beleaguered publisher THQ has already sold its Ultimate Fighting Championship (UFC) license to Electronic Arts in an effort to raise capital. If the company decides to put any of its other licenses or franchises up for sale, Assassin's Creed publisher Ubisoft could be interested.
"They have good things," Ubisoft CEO Yves Guillemot told GamesIndustry International. "We are always interested in good brands. For sure, it's something we can consider, but I can't tell you more."
Guillemot declined to say which brands he is most interested in. THQ has a number of games in the development pipeline, including Homefront 2, Company of Heroes 2, Saints Row 4, and a mystery game in production with former Assassin's Creed director Patrice Desilets at THQ Montreal.
Guillemot also addressed THQ's current financial situation in broader terms. He said the situation the company is in presently is a result of uncertainty in the market.
"What happened to [THQ] is something that happens regularly when we have transition," Guillemot said. "Some can make it, some decide to go in different direction. It happened with Atari and Midway and also Acclaim last generation. … It's something that happens in this industry and that's the way the industry consolidates."
Earlier this month, THQ delayed South Park: The Stick of Truth, Company of Heroes 2, and Metro: Last Light and by doing so, created a need for further capital, To this end, THQ has begun talks with investment banking firm Centerview Partners LLC to "assist the company in evaluating strategic and financing alternatives."
I do love the Metro series. Hmm an Ubisoft produced Metro. This is both interesting yet scary to think about.
I'm surprised nobody talks about this more but the UFC was one of the final nails in the coffin for THQ. They went in there thinking they'd struck gold with "the fastest growing sport" but it turned out no one was interested so UFC 3 wound up bombing pretty badly when THQ thought it would be one of their major successes. No different to how FOX thought they were onto something big signing the UFC but it wound up getting horrible TV ratings.
UFC is bad luck for anyone getting involved with them. They talk a big game which makes investors throw money at them but there's nothing under the hood.
Truth be told I've never been a particularly big THQ fan, but I'll be disappointed if they lose the South Park or Metro games they're working on.
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@Bl4KD37H Excuse me? I just stated my opinion, no need to be rude here... Would you rather have EA or Activision buy it?
@sortajan If you mean the always online DRM for PC they announced they dropped it, dunno if they patched it into all their titles yet, if anyone has word on the DRM removal status please update.
no no no no no no no no no no no no no no
ide rather left THQ die with dignity then be taken over by Ubishit, no dont let the cancer spread we know its there we can stop it.
Hang in there THQ! THQ actually produces a somewhat disproportionate amount of good games (compare Activision or EA, who produce a disproportionate amount of crap for their size). Of all these big publishers, I'd say Ubisoft's probably the least likely to completely destroy any franchises they get control of, but it'd still be best if THQ stayed an independent company and got back on its feet.
I would like to see Homefront actually done right, instead of how THQ screwed over Kaos. I think Crytek is working on Homefront 2, so hopefully no worries there. Homefront's MP had so many great ideas, but were marred by execution. I think Ubisoft would do a great job with the series.
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@Volgin well, if people stopped pirating their games en masse, they wouldn't take that stance >_>
@Volgin I have two words for you, Anno 2070
ubisoft has enough money to buy the THQ company, i say let it happen i would love to play some more saints row or darksiders in the near future
While Ubisoft is "interested" in THQ, how about bringing the Red Faction series to GOG (DRM-free). Ubisoft already has Assassin's Creed, Beyond Good & Evil, and the Prince of Persia trilogy on GOG. So, if ya get THQ's catalog, bring their golden oldies to GOG too.
@Unholy123 I know! Actually I hope they sell the rights to 40k to ubisoft, I'm sure they'd be able to do something amazing with it.
@harryuljj @minnichief The biggest thing with this I wonder is if Ubisoft gobbles up THQ assets do they also get the rights that THQ had to make Games Workshop games? As GWS is notoriously fickle with their licenses agreements and if they don't I doubt Ubisoft will bother to haggle for them cause GWS always wants a ton of money for them. Of course I want these because I'm a giant Warhammer 40k fanboy (3K point Necron, 4K Chaos and 6K SM armies and maybe one day I'll make a IG one + almost the entire Black Library catalog) so in the end I could put up with that obtrusive Uplay as I did to play Anno 2070 if they make another good DoW.
I would actually like the same sort of player base voting that they had in Anno 2070 for aspects between the xenos player and human and chaos players voting on certain things like imagine if you could vote to see what giant campaign would be starting next like another assualt on cadia or a craftworld defense or a sector wide xenos purge.
Wow the more I think about it the sadder I get thinking there may not be another DoW.
finally! let THQ die, and let Ubisoft take over their stronger runner WH40K, maybe they can produce a SpaceMarine 2 or WH40K 3 that can take advantage of what the franchise has to offer, with stronger focus on multiplayer this time :P
THQ is good at Warhammer and SR3 is a very good game. They should focus more on WH games as nobody else makes anything WH related so they could cash on that.
Even if they made just WH games the lore is so wast it dwarfs pretty mach anything and is very interesting, so they can easily expand and maybe even relate story events between games.
As for Ubi buying anything from them, well i wouldnt want it because it would probably be plagued by some cryptic draconian drm.
Hell no...after seeing how much Ubisoft decayed and made a fool of itself on PCs, buying THQs would be very very bad news. :(
Let's just hope they're mindlessy flirting. oO
It's important to read the whole original interview to know the entire context of Guillemot's comments. I don't think Ubisoft is too interested in THQ. THQ is not big on casual games, an area that Guillemot specifically emphasized in the interview. Homefront and Metro are both commercially risky. Darksiders and Warhammer are on the decline. Ubi has next to zero RTS/RTT expertise, so the acquisition of CoH without Relic would be virtual IP suicide; not to mention acquiring a PC-centric IP by a company with dwindling PC presence is itself counter-intuitive. Saint's Row is the most likely choice, but it is also THQ's trump card. I don't see THQ's giving that up unless the company is going under with absolute certainty. I guess some of the less well-known franchises are possible purchases, but why would Ubi bother?
@Unfallen_Satan Lots of speculation is what it is.
@Devils-DIVISION Absolutely. I always use this kind of news as a fun diversion, drawing some speculations and then see what actually happens.
@Unfallen_Satan because "they have good things" Guillemot recognizes as much but wont elaborate, it is really heard to make anything out with so little information, but yeah it looks like the want to buy the rights to a brand currently owned by THQ, but which one? a lot of rough diamonds in THQ's pocket if u ask me.
@simon1812 I agree. I think he intended to praise some of THQ's games and probably even THQ itself to a degree. That's different from wanting to acquire those IP for his company, though. Not everyone who buys a diamond deposit, even a cheap one, will be able to make a profit. I feel the Ubi chief recognizes this, which is a very good thing.
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