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THQ Moving Away From Red Faction Franchise

firefly2003firefly2003 Member UncommonPosts: 2,527

THQ has reported the results for its fiscal first quarter 2012, ending on June 20, 2011, and Brian Farrell, THQ's CEO and president, calls it disappointing. Worst of all, Farrell says the company is moving on from the Red Faction franchise after the last two games were too "niche" in their sales.

"We are disappointed in our first quarter financial performance," said Farrell. "Sales of Red Faction: Armageddon and our licensed kids titles were below our expectations, and the late release of UFC Personal Trainer also adversely impacted the quarter.”

"Given that [Red Faction] now in two successive versions has [only] found a niche, we do not intend to carry forward with that franchise in any meaningful way," Farrell stated. Farrell explained that the company is looking for its core titles to hit high bars in both quality and sales.

Looking at the big picture, net sales were up for the quarter ($195.2 million) as compared to the prior year period ($149.4 million), but the company reported a net loss of $38.4 million as compared to $30.1 million in the prior year period.

Still, Farrell was upbeat in pointing out some of the games coming out by the end of the year, including Saints Row: The Third, WWE '12, and Warhammer 40,000: Space Marine. The company is also looking forward to bringing the uDraw tablet to PS3 and Xbox 360, publishing a game from Left 4 Dead developer Turtle Rock Studios in 2013, and reaping the benefits of former Assassin's Creed series creative director Patrice Désilets joining THQ's Montreal studio.

[via Gamasutra]


Comments

  • WhySoShortWhySoShort Member Posts: 315

    I think having a bald guy with goggles as a main character had something to do with it. 

    image

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