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THQ Suffering Terrible Terrible Damage

Forum Index > General Forum
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1 2 3 4 5 15 16 17 Next All
JimmyJRaynor
Profile Blog Joined April 2010
Canada17946 Posts
Last Edited: 2012-02-04 19:25:07
February 04 2012 19:24 GMT
#1
[image loading]

TL.Net regulars are probably most familiar with THQ's RTS offerings Company of Heroes and Dawn of War. These games are made by Relic in Vancouver, BC.
I didn't like DoW, but I enjoyed Company of Heroes immensely.

These are hard times for THQ. They recently laid of 17% of their staff and their CEO took a 50% pay cut. If THQ and Relic go down this will be a sad day for every fan of the RTS genre of games. Neither title is as good as Brood War or WoL, however,
Relic/THQ brought forward many interesting innovations to RTS gaming. THQ/Relic helps create a competition among game studios that keeps the RTS genre vibrant.

They are losing money by the 10s of millions of dollars. They've closed several of their long standing game studios that were once the foundation of the company. Of the few studios still left standing two big studios rely on Canadian government funding. Relic in British Columbia and THQ-Montreal in Quebec.

The crux of the problem is CEO Brian Farrell. He started with THQ in 1991 and was a big factor in THQ's growth. However, he has lost his midas touch. Farrell is an accounting guy not a "game maker" type of guy. Farrell over the past 5 years has lead THQ to the brink of bankruptcy.

Here are his wonderful optimistic comments in 2008
http://paidcontent.org/article/419-interview-thq-ceo-brian-farrell-rapid-growth/

Then Contrast this with the 2012 admission of error
http://venturebeat.com/2012/02/02/thq-ceo-admits-confidence-was-misplaced-on-childrens-video-games/

Employees revolted and published an anonymous letter complaining about poor THQ Management.
http://www.complex.com/video-games/2012/01/ex-thq-employee-fires-off-angry-letter-alleging-serious-mismanagement/page/1

Stock price at over $35 in 2007 is now down to $0.53
The stock price fell from $0.75 to $0.53 shortly after THQ announced their plans for layoffs and future profits on February 2,2012.
http://www.google.ca/finance?client=ob&q=NASDAQ:THQI

Even if THQ goes bankrupt I hope the RTS team within Relic finds a new publisher and RTS games like CoH can continue to be made in the future.

If Relic goes down with THQ or even if its production and creative budgets get slashed it'll be a sad day for the RTS gaming community.
Ray Kassar To David Crane : "you're no more important to Atari than the factory workers assembling the cartridges"
heroyi
Profile Blog Joined March 2009
United States1064 Posts
February 04 2012 19:29 GMT
#2
wow...that is so sad...
wat wat in my pants
jimminy_kriket
Profile Blog Joined February 2007
Canada5545 Posts
February 04 2012 19:29 GMT
#3
Mora where you at? What's goin on at relic?
life of lively to live to life of full life thx to shield battery
nttea
Profile Blog Joined July 2008
Sweden4353 Posts
February 04 2012 19:29 GMT
#4
Company of heroes is probably my fauvorite ever rts if i dismiss nostalgia and blizzard games would be so sad if we'd see no more rts games from them!
SpiZe
Profile Joined December 2010
Canada3640 Posts
February 04 2012 19:31 GMT
#5
This makes me a sad panda

I hope this won't effect Darksiders II
Keitzer
Profile Blog Joined May 2010
United States2509 Posts
Last Edited: 2012-02-04 19:35:05
February 04 2012 19:32 GMT
#6
So why don't they just make another game in a non-RTS genre? O_o?

edit: i realize it may take some time... but still.. if you're company is tanking and you're hoping the next Saints Row or Dawn of War will sell, then ya, it's gonna tank....

gotta think outside the box here
I'm like badass squared | KeitZer.489
TheYango
Profile Joined September 2008
United States47024 Posts
February 04 2012 19:33 GMT
#7
People remember Relic for DoW and CoH, and not HOMEWORLD?

It'll be sad if they have to close.
Moderator
Twinmold
Profile Joined June 2010
Sweden238 Posts
Last Edited: 2012-02-04 19:37:35
February 04 2012 19:34 GMT
#8
Well, this is depressing
SC / LoL / DotA // Twinmold took a moment for himself. He never gave it back.
ToT)OjKa(
Profile Blog Joined May 2007
Korea (South)2437 Posts
February 04 2012 19:35 GMT
#9
Damn man, Relic are sweet as fuck. I know Homeworld was received well, Dawn of War was fucking siiiiick, somehow, in some kind of warped reality, all the little imbalances that game suffered somehow made it balanced because every race had 'em. You always had a chance to win no matter what major bug emerged.

Company of Heroes was also pretty amazing. Really good game, spent some time on that too.

Wasn't so hot for DoW2, but Space Marine was pretty awesome. I didn't even touch the single player I just went straight into the madness of multiplayer.

Relic are one of the very few developers that I really do respect. Many of the great ones either get drowned out of existence (RIP Bullfrog) or just get let the quality keep slipping.

Hope all the best for the boys and girls at relic
OjKa OjKa OjKa!
Corvi
Profile Blog Joined July 2008
Germany1406 Posts
February 04 2012 19:36 GMT
#10
darksiders 2 could become a huge hit. they should concentrate on that.
Kipsate
Profile Blog Joined July 2010
Netherlands45349 Posts
Last Edited: 2012-02-04 19:39:24
February 04 2012 19:36 GMT
#11
Sorry but I had to laugh at the title

I am a very bad person.

Really looking forward to Darksiders 2 btw.
WriterXiao8~~
ddrddrddrddr
Profile Joined August 2010
1344 Posts
February 04 2012 19:38 GMT
#12
On February 05 2012 04:33 TheYango wrote:
People remember Relic for DoW and CoH, and not HOMEWORLD?

It'll be sad if they have to close.

I didn't give a crap until I saw this. Homeworld? That was a fucking masterpiece of a game. The amount of poetry and beauty in that game was mind blowing.
Latham
Profile Blog Joined May 2007
9593 Posts
February 04 2012 19:40 GMT
#13
Always sad to see a respectable gaming studio/company getting into financial trouble. Their games weren't S-class RTSes like Blizz's but they were fun and good nevertheless. DoW I, CoH, Homeworld were great.
For the curse of life is the curse of want. PC = https://be.pcpartpicker.com/user/LathamTK/builds/#view=CrqmP6
LoLAdriankat
Profile Blog Joined August 2010
United States4307 Posts
February 04 2012 19:41 GMT
#14
This is horribly depressing. They've been releasing so many kick ass games and it's sad to see that it doesn't even matter due to bad management.
procyonlotor
Profile Blog Joined January 2011
Italy473 Posts
February 04 2012 19:41 GMT
#15
If THQ continues to sink I expect EA or Activision to sink their claws into their property. That is, needless to say, a bad outcome.
Al Bundy
Profile Joined April 2010
7257 Posts
February 04 2012 19:42 GMT
#16
What does that mean for Warhammer 40k: Dark Millennium Online ?

ps: Homeworld is a masterpiece indeed. One can't talk Space Opera without mentioning Homeworld.
o choro é livre
yB.TeH
Profile Blog Joined November 2008
Germany419 Posts
February 04 2012 19:42 GMT
#17
the first dow was great, but the 2nd was horrible
homeworld 1 and 2 were excellent though :o
Assault_1
Profile Joined April 2009
Canada1950 Posts
February 04 2012 19:43 GMT
#18
THQ's uDraw thing was one of the biggest failures and reasons for its downfall.

I wonder if thq or rim is in a worse position
vaderseven
Profile Joined September 2008
United States2556 Posts
February 04 2012 19:44 GMT
#19
I seriously have had a blast playing every strat game they have ever made. They are very well done games. I would say CoH/DoW (I consider them linked as a style of RTS) to be up there in terms of having a unique and developed feel with the Blizzard RTS series and the C&C series.

They might not have the level of esport around them but thats fine, not every sport is meant for the stadium. That doesn't mean stuff like kick ball and dodge ball suck etc etc.

Homeworld was a serious masterpiece. If you haven't played it it is wroth getting and playing.
JimmyJRaynor
Profile Blog Joined April 2010
Canada17946 Posts
Last Edited: 2012-02-04 19:47:25
February 04 2012 19:44 GMT
#20
The absurd fact in all this is that at this point the WWE license deal and their next few Wrestling titles are what will keep the company alive until Relic can pump out another game.

Yes, you heard it here first... Pro Wrestling is helping preserve the making of RTS games in Canada



On February 05 2012 04:43 Assault_1 wrote:
THQ's uDraw thing was one of the biggest failures and reasons for its downfall.
I wonder if thq or rim is in a worse position


at least RIM replaced their Co-CEOs.
Brian Farrell the guy responsible for THQs recent string of failures is still the CEO and Chairman of the board for THQ.
Ray Kassar To David Crane : "you're no more important to Atari than the factory workers assembling the cartridges"
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