Game over: THQ shutters THQ Studio Australia and Blue Tongue Entertainment

Closures a result of a change in focus in the publisher’s software portfolio

American video game publisher, THQ (NASDAQ: THQI), will close two of its Australian studios, Brisbane-based THQ Studio Australia and Melbourne-based Blue Tongue Entertainment.

In a statement to Kotaku Australia, THQ mentioned a narrowed focus on owned IP as the reason for the closure of the two studios, which are expected to affect about 200 people.

THQ instead aims to focus on its remaining five internal studios worldwide to create video games based on its own IP instead of movie-based and licensed kids’ video games, which is part of THQ’s business strategy “to move away from games that will not generate strong profits in the future".

Despite the shuttering of the two studios, THQ expects to continue investing its capital and resources in its growing digital business, such as social games, mobile and tablet-based digital entertainment.

Blue Tongue Entertainment was acquired by THQ in 2004 and recently released de Blob 2 for Microsoft Xbox 360, Sony PlayStation 3 and Nintendo Wii, while THQ Studio Australia was founded in 2003 and released Megamind: Ultimate Showdown for Xbox 360 and PlayStation 3 last year.

CHANNEL CHOICE: Vote Now for your favourite in the three categories: Vendor, Distributor and Reseller. Voting closes August 8.

Tags thqgamingsoftwaregamerTHQ Studio AustraliaBlue Tongue Entertainment

More about MicrosoftNintendoSonyTHQXbox

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 

Latest News

Jul 25
Intel appoints new director of Cloud policy and government affairs
Jul 25
EXCLUSIVE: Dave Rosenberg appointed new Westcon A/NZ managing director
Jul 25
Citrix and Fujitsu eye A/NZ mobility market together
Jul 25
Achieva promises it won’t step on resellers’ heels in becoming a value-added dis...
More News
29 Jul
SplunkLive!; Canberra
05 Aug
Systems Technology Day - Build Your Own Private Cloud
06 Aug
Oracle Employee Experience Journey Mapping Workshops
20 Aug
Westcon Group Imagine 2014 - Melbourne
View all events