November 6, 2012 by Ezekiel Garcia
This publisher just can’t seem to get out of their financial slump, and their name is slowly becoming synonymous with clicking teeth. THQ is delaying three of their major titles due to their continuing financial issues. South Park: The Stick of Truth, the much anticipated Action RPG based on the hit animated series, will be pushed back until March 2014.
Metro: Last Light, the sequel to the 2010 surprise hit Metro 2033 will be delayed until the same date,right alongside Company of Heroes 2, the sequel to the Real-Time Strategy game Company of Heroes, which was the recipient of multiple PC game of the year awards in 2006.
“When I joined THQ the company made a public commitment to quality titles. We always expected that in some cases this would mean that more time would be needed to make sure that every title is of the highest possible quality,” THQ President Jason Rubin said in a recent statement. “Our fourth quarter releases are the first titles that I have had the ability to materially impact, and experience told me that the games needed additional development time to be market-ready.”
He also addressed what this move will do for them financially, as they have posted $91.8 million dollars for the fiscal second quarter, which ended on September 30th, down from $109.6 million they posted last year. Not to mention that trading THQ shares has halted, with shares going down to $3.02, expected to go even lower.
THQ published many great games in the past, including the Saints Row series, Red Faction, and many other well-done licensed games, including the Popular WWE games. They seem to have been struggling recently, and many haven’t forgotten the layoffs in their San Diego location during E3 this year. THQ better pump out some high quality games over the next few quarters if they want to change the minds of their investors (and more importantly, us gamers).