‘Troubled THQ prepares for sale’ – update

Publisher THQ would have ended up in financial trouble. According to ‘industry veteran’ Kevin Dent, the company has already put itself up for sale with an Asian firm, and a mmog planned for 2014 has already been scrapped.

THQ has not yet responded to the rumor. Kevin Dent, a self-proclaimed “game industry veteran,” says THQ is preparing for a possible sale by scrapping the Warhammer 40,000 mmog. dent reports via Twitter that THQ would have already offered itself to an Asian company. It is not clear which company that would be. Dent also does not clarify how he got his information about THQ, but he says that he regularly has ‘many friends’ at THQ.

In addition to scrapping the Warhammer 40,000 mmog, THQ would also have surrendered the rights to make games based on Disney/Pixar films unused. According to Dent, that is also a worrying sign. Dent, who works for the International Game Developers Association, cites wanting to develop a successor to the uDraw as one of the main reasons for THQ’s financial slump.

THQ has not yet commented on the rumours. The company did announce in early November that it had suffered a quarterly loss of $90 million, which was almost double the quarterly loss in the same quarter in 2010. THQ’s share fell in one year from about 6 dollars to 66 cents.

Update, 9:07: Kotaku reports that THQ has the Warhammer 40K mmog scrapping denied. According to the publisher, nothing has changed in the plans for 2014. The publisher does not comment on a possible sale.