License-rich publisher THQ reported $27.2 million in net losses for its first Fiscal 2009 quarter, ended June 30. That figure is nearly triple the net losses of Q1 2008, even though sales were $137.6 million this quarter, up from last year's $104.5 million. The little beacon of light for THQ's first quarter was Wall-E, which boasted over a million unit sales. Other notable titles include Big Beach Sports, WWE SmackDown vs. Raw 2008 and MX vs. ATV Untamed.
THQ CEO Brian Farrell pointed to September's de Blob and this holiday's Saint's Row 2 and WWE Smackdown vs. Raw 2009, along with a new Red Faction, Darksiders and WWE Legends of Wrestlemania, as sales boosters for the rest of the fiscal year.
Reader Comments (9)
Posted: Jul 31st 2008 12:10PM (Unverified) said
Casual games and movie licenses continue to do very well. Expect to see even more as the industry follows the money. I can’t blame them for it.
Posted: Jul 31st 2008 12:59PM (Unverified) said
You know they were talking about their LOSSES right? Movie licensed games SUCK. They only reason they continue to be made is because they can be made on the cheap, and people buy them out of name recognition alone.
Casual games are so often shovelware. When they're not, they can be great (see pixeljunk monsters and most dual analog shooters). The problem is that so many companies think casual means "don't care about production values" and "inane concepts that only appeal to 6 month old retarded monkies", when what it really means is "low barrier of entry".
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Casual games are so often shovelware. When they're not, they can be great (see pixeljunk monsters and most dual analog shooters). The problem is that so many companies think casual means "don't care about production values" and "inane concepts that only appeal to 6 month old retarded monkies", when what it really means is "low barrier of entry".
Posted: Jul 31st 2008 12:17PM (Unverified) said
Maybe if the wall-e game didn't suck, and was awesome like the movie, wait, it sold how many????
I have hopes for red faction, hopes that will probably be dashed, pounded, gridded, and grilled horribly, into a despair sandwich with some whole pessimism bread, like when I found out the PC version of Red faction 2 didn't have multi-player, but had something called bot match..... What's the point of bot match without people.
I have hopes for red faction, hopes that will probably be dashed, pounded, gridded, and grilled horribly, into a despair sandwich with some whole pessimism bread, like when I found out the PC version of Red faction 2 didn't have multi-player, but had something called bot match..... What's the point of bot match without people.
Posted: Jul 31st 2008 12:29PM subject117 said
THQ will always remind me of the shovelware they put on game boy back in the day...
Posted: Jul 31st 2008 12:41PM (Unverified) said
They can't go out of business this year! RTS-ers worldwide need the new W40K fix.
Posted: Jul 31st 2008 1:35PM (Unverified) said
But in the bright side, they got Tera Patrick.
Isn't funny that a company that makes so many kid friendly shovelware games hired a Porn star?
Isn't funny that a company that makes so many kid friendly shovelware games hired a Porn star?
Posted: Jul 31st 2008 6:02PM (Unverified) said
Is it just me or should this be 2008 no 2009? Q1 2009? WTF
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