Tag Archives: thqi troubles
February 2, 2012 Troubled Times at Game Maker THQ
Five
years ago THQ was one of the videogame industry’s biggest publishers. Today, the company is struggling to stay afloat.
The troubled game maker is facing a possible delisting from the Nasdaq stock exchange, announced the layoff of 240 employees Wednesday and slashed its CEO’s salary in half for the next year as sales have plummeted. Further, last week the company announced plans to abandon the once lucrative children’s licensed games business to focus on titles for a core audience.
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With over 20 years of journalism experience under my belt, including senior management roles at CNN, Yahoo! Finance and Forbes, I'm now a freelance writer and editor, specializing in video games, consumer electronics and personal finance matters. My current clients include CNBC, Variety, Yahoo!, Official Xbox Magazine, Common Sense Media, Coast 2 Coast Radio Networks and more.