5comments THQ Drops 'Devils Third'
Posted Wed 16th May 2012 12:57am by Kelly Miller
Could THQ's massive losses be the cause?
After losing $240 million dollars this year, THQ announced that they would be dropping Devil’s Third, the upcoming action title by legendary game developer Tomonobu Itagaki. According to an article by GameIndustry, CEO of THQ Brian Farrell says that the game wasn’t going to make enough money to justify its cost.
Despite the fact that THQ’s digital sales rose by 40% last year, the company has reported a major loss of $240 million dollars. The company has been restructuring as of late in order to make themselves more profitable.
While restructuring, the company believed Devil's Third wasn’t going to be as big as other titles in their line-up and dropped the title altogether.
"We have made significant changes to our business, and are on track to execute our strategy of delivering quality connected core gaming experiences, beginning with the sequel to the award-winning Darksiders in August."
For those of you that don't know, Darksiders 2 is the sequal to the critically acllaimed apocolyptic third person adventure Darksiders, released in 2010.
Itagaki is the creator of the Ninja Gaidan action titles and the Dead or Alive fighting game series. His own development studio, Valhalla, was developing the game. They have had their own troubles in recent months as the engine that was being used for the game went under as well.
Little is known about Devil's Third other than it being a third-person shooter. It seems the game is in a limbo state as of now. More will be reported as the situation develops.
THQ Dropping Devil's Third (GameIndustry)
THQ full-year losses hit $240 million (GameIndustry)
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