It hasn’t been a great year for THQ this year, earlier this year we heard about them closing up Homefront’s Kaos studio and also their digital title studio in THQ Digital Warrington.
And now the cost cutting has hit new heights with 2 other studio’s being shuttered and a third development team being let go affecting over 200 people.
The target of the current cuts are 2 Australian teams, Blue Tongue Entertainment who developed de Blob 2 and THQ Studio Australia who developed Megamind and Avatar: The Last Airbender.
The third development team was part of THQ Phoenix and were responsible for MX vs ATV which has now also been put on an indefinite hold.
THQ has announced that the reasons behind the shuttering are simply a strategic realignment and to stop putting resources into licensed kids video games and movie based games and to focus more on their in house franchises that can deliver long term profits.
That all sounds good and well but MX vs ATV and Homefront were both very well known and marketed IP’s that appear to have failed. Maybe there is a bigger issue than simply the type of games THQ has decided to develop?
If you were wondering what’s left then don’t panic as THQ still has a killer line up that includes Saints Row 3, WWE titles, Darksiders 2 and the Warhammer series.
Let’s hope they have solved their problems now and that THQ bounce back stronger than ever.
Source: VG247
Last Updated: August 10, 2011
