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THQ CEO states publisher doesn't have much room after avoiding NASDAQ delisting
Posted: 03.07.2012 04:25 by JonahFalcon Comments: 1
THQ has avoided being delisted on NASDAQ, but CEO Brian Farrell has stated that the publisher will be more conservative when dealing with non-AAA titles.

According to Farrell in an interview with Gamasutra, “We want to show the shareholders that the heavy lifting is done. The last six months have been an exercise in great pain and suffering. We feel like we’re getting there. We’ve taken a lot of negative things in the press – and frankly a lot of that was deserved."

Farrell claims that the publisher has a new philosophy.

“This company has changed. We have strong, new leadership. Look at our fourth quarter earnings. It’s starting to come together,” he explained, as he noted that THQ will still make offbeat games, but far more conservatively. “We don’t have a lot of room to run, so we’ve got to execute flawlessly."

“There is no question who is responsible for where THQ is right now. That’s with me. I feel equally responsible for getting this company out of it,” Farrell concluded.

THQ's next major release, Darksiders II, will be hitting shelves in August 2012.

Comments

By herodotus (SI Herodotus) on Jul 03, 2012
herodotus
A bullet dodged but is it the inevitable just being staved off for a little while longer. Let's hope the re-focusing, downsizing or "new philosophy" works as I'd like to see THQ stick around a while longer.