THQ files for bankruptcy, assets sold to investor Clearlake for $60M

The company says it will continue operating.

The DeanBeat: The accelerated change of the game industry

Waves of change in the game business could either sweep you aside or take you to a new shore.

Which company is worth more: Zynga or THQ?

In the short run, buying Zynga is a better deal than taking over THQ.

THQ’s stock crashes 47 percent as it faces cash crunch

Stockholders lose faith as the company's value drops to $11M -- barely above its net cash value.

Desperate for cash, THQ hires firm to ‘evaluate strategic alternatives’ (It’s up for sale)

The struggling video game publisher is running low on revenue.

THQ reports smaller loss than expected but pushes back South Park, Metro, and Company of Heroes 2

Struggling video game publisher THQ reported a smaller loss than analysts expected, but it also warned that some of its upcoming titles need some extra polish. That could mean some delays for several of its future games.

THQ reported non-GAAP …

No casual or Facebook games for THQ: Internal studios all working on new triple-A titles

THQ's four internal studios have begun work on new games since company president Jason Rubin took over his position.

Struggling publisher THQ names game veteran Jason Rubin as president

Jason Rubin, the co-founder of famous game developer Naughty Dog, has been named the president of struggling video game publisher THQ.

Rubin will report to Brian Farrell, who remains chairman and chief executive. But Danny Bilson, who has headed THQ’s …

THQ lays off 118 people and downsizes ambitions for Warhammer 40K game

Struggling U.S. game publisher THQ said today it was laying off 118 people at two game studios, and it had reduced its aspirations for its Warhammer 40,000: Dark Millennium game.

Previously, the licensed Warhammer 40K game was going to be …

THQ CEO admits confidence was “misplaced” on children’s video games

THQ chief executive Brian Farrell ate some major crow on his company’s analyst conference call today.

“We anticipated our third fiscal quarter would be the largest in our company’s history,” Farrell said. “Unfortunately, we were wrong.”

The weakness in the …

Earnings fall short of target for embattled game publisher THQ

THQ‘s net income for the third fiscal quarter fell short of the number expected by analysts. The results show how tough the video game market has become for publishers that aren’t executing with a number of great hits.

THQ is …

THQ to drop licensed kids’ games and focus on “core” content

Video game publisher THQ today announced it is officially shifting its focus from traditional kids’ licensed games to “core” franchises such as Saints Row, UFC, and Darksiders in order to become a more streamlined organization. The announcement comes after recent …

THQ launches a Margaritaville Online Facebook game

In a major attempt to diversify, traditional video game publisher THQ is launching its Margaritaville Online social game on Facebook today.

Inspired by the Jimmy Buffett song, the game is an escapist fantasy and a major release for Agoura Hills, …

THQ in trouble? Publisher denies multiple-game cancellation rumor

Saints Row: The Third publisher THQ says rumors of its demise have been greatly exaggerated.

Speculation on the company’s future spread like wildfire this weekend after a series of  tweets from gaming industry veteran Kevin Dent suggested the publisher was …

THQ’s Farrell on how the cloud will change the video game business

“Cloud gaming” has become a hot topic lately, with game startups such as OnLive, Gaikai and Otoy serving up cloud-based game streaming. But the best practices for cloud gaming aren’t yet clear cut, according to Brian Farrell, chief executive of …