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THQ's Financial Issues Result in Game Delays


John Kidman

THQ, of Saints Row fame, continues financial woes despite their hit-sequel Darksiders 2 selling over 1.4 million units this year. The company closed studios and released a notable portion of their staff earlier this year, but continues to struggle as their finances ultimately overshadow their accomplishments.

 

THQ buried within their most recent quarterly fiscal report the fact that their highly anticipated Role-Playing Game, South Park: The Stick of Truth, will not make its previously estimated March 5, 2013 deadline. The game is now scheduled for release at some point after April 1, 2013 in an effort to find the most financially advantageous date for THQ and allowing the game to reach its full potential as a market-ready title. THQ also postponed the release of Metro: Last Light and Company of Heroes 2 beyond the company's initially estimated release dates. Metro: Last Light and Company of Heroes 2 are now expected to find their way to consoles in March.

 

These delays are just one step in a much larger scheme to improve the company's profitability, whose CEO is now exploring “strategic alternatives” to get their books out of the red.

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