THQ sees net loss of $239.9 million, still in business

THQ saw a net revenue loss of $239.9 million for the fiscal year ending March 31, 2012, $100 million more than the previous fiscal year's loss of $136.1 million.

"We have made significant changes to our business, and are on track to execute our strategy of delivering quality connected core gaming experiences, beginning with the sequel to the award-winning Darksiders in August," president and CEO Brian Farrell said in a THQ earnings statement.

THQ has seen a rough year, with plummeting revenue despite the success of Saints Row: The Third and WWE '12. THQ laid off 240 employees, slashed the salaries of its head honchos and cut its "kids' licensed video games" department earlier this fiscal year, following quarter losses of nearly triple the previous period.

THQ has sold through... (Continue Reading...)

Mini Ninjas: Hiro's Adventure classified in Australia

Square Enix's eventual announcement of Mini Ninjas: Hiro's Adventure will soon end up being less "reveal" and more like the complete opposite of any ninja's stealth training ever. The barely unannounced sequel has most recently been spotted on the Australian Classification Board site by Siliconera.

This latest failure of ninjadom comes two months after a European trademark filing mentioned Mini Ninjas: Hiro's Adventure... oh yeah, and then there was the web domain under the same name, as well. At the very least, we expect the game to come in clanking pots and pans like a two-year-old on parade at... (Continue Reading...)


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