Game over: THQ shutters THQ Studio Australia and Blue Tongue Entertainment
- 11 August, 2011 11:54
- Comments
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.
- Bookmark this page
- Share this article
- Got more on this story? Email ARN
- Follow ARN on twitter
-
Italian mathematician prepares to challenge Google
-
Facebook could buy Nokia to build 'FacePhone', expert claims
-
It's not all Doom at new media conference
-
Tech Watch: Who watches the datacentre?
-
Facebook scammers host Trojan horse extensions on the Chrome Web Store














Comments
Post new comment