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Editing THQ
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Going into the 2010's, THQ would accrue a large amount of debt to mounting licensing fees and the console license game falling out of fashion, making their business model and size unsustainalbe. Despite efforts to reorganize, THQ would file for bankruptcy in 2013, with many of their properties scattered to other studios that bought them at auction. The THQ name itself and several properties were bought by Nordic Games, who would rename themselves THQ Nordic in 2016. This new THQ has since developed and produced properties previously developed by both studios, including recently remaking several older titles to modern platforms. | Going into the 2010's, THQ would accrue a large amount of debt to mounting licensing fees and the console license game falling out of fashion, making their business model and size unsustainalbe. Despite efforts to reorganize, THQ would file for bankruptcy in 2013, with many of their properties scattered to other studios that bought them at auction. The THQ name itself and several properties were bought by Nordic Games, who would rename themselves THQ Nordic in 2016. This new THQ has since developed and produced properties previously developed by both studios, including recently remaking several older titles to modern platforms. | ||
[[Category: | [[Category:Companies]] |