THQ announced the closure of three development studios, two in Australia and one in the US. More than 200 staff members will lose their current positions.
The publisher has said the closures are a part of a strategic realignment as it refocuses its portfolio away from kids’ titles and movie tie-ins. THQ also announced it will no longer be actively developing the MX vs. ATV racing franchise.
The closure of these three studios brings THQ’s internal development studios to five: Volition (Saints Row, inSane), Relic (Company of Heroes, Warhammer 40,000: Space Marine), Vigil (Warhammer 40,000: Dark Millennium Online), THQ San Diego (WWE All Stars) and THQ Montreal, currently working on an unannounced title.
“With this realignment, we are narrowing our focus to high-quality owned IP with broad appeal that can be leveraged across multiple platforms, and to work with the best talent in the industry. By right-sizing our internal development capacities for our console portfolio, our five internal studios are focused on delivering high-quality games with talented teams driving the execution of those titles to market,” said Brian Farrell, President and CEO, THQ.
“As we have outlined in our business strategies, we are making shifts to reduce movie-based and licensed kids’ video games in our portfolio, which underscores our strategy to move away from games that will not generate strong profits in the future.”