ARN

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.

Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.

More about: Microsoft, Nintendo, Sony, THQ, Xbox
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the ARN comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Blue Tongue Entertainment, gamer, gaming, software, thq, THQ Studio Australia
ARN Directory | Distributors relevant to this article
ACA Pacific , Alloys , Anixter , Aquion , ASI Solutions , Bluechip Infotech , Compucon Computers , Dicker Data , Express Data , Express Online , ICT Distribution , Impact Systems Technology , Leader Computers , Mindscape , Multimedia Technology , NewLease , Synnex Australia , Topstar Computer International , XiT Distribution , Xpress I.T. , Dynamic Supplies
rhs_login_lockGet exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
ARN Vendor Directory

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.