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'''THQ Inc.''' ('''Toy Headquarters''') ({{nasdaq|THQI}}) is a worldwide international [[United States|American]] [[Video game developer|developer]] and [[Video game publisher|publisher]] of [[video games]]. Founded in [[1989]], the company develops products for [[video game consoles]], [[handheld game system]]s, as well as for [[personal computer]]s and [[wireless device]]s.
'''THQ Inc.''' ('''Toy Headquarters''') ({{nasdaq|THQI}}) is a worldwide international [[United States|American]] [[Video game developer|developer]] and [[Video game publisher|publisher]] of [[video games]]. Founded in [[1989]], the company develops products for [[video game consoles]], [[handheld game system]]s, as well as for [[personal computer]]s and [[wireless device]]s. THQ is known for creating games both boring and of low quality.


The company publishes internally created and externally licensed content in its product portfolio. THQ's internally created franchises include ''[[Saints Row]]'', ''[[Frontlines: Fuel of War]]'', ''[[Red Faction]]'', ''[[MX vs. ATV Unleashed|MX vx. ATV]]'', ''[[Company of Heroes]]'' and others. The company also holds exclusive, long-term licensing agreements with leading sports and entertainment content creators including [[World Wrestling Entertainment]] (WWE), [[Games Workshop]] (''[[Warhammer 40,000]]''), [[Ultimate Fighting Championship]] (UFC), [[Nickelodeon (TV channel)|Nickelodeon]] and [[Disney]]-[[Pixar]]. It has announced net sales of $830.0 million in 2008, down from $1,030.5 million in the year previous. Net losses were $431 million for the 12 months ending March 2009, down from $35.3 million in the year previous.
The company publishes internally created and externally licensed content in its product portfolio. THQ's internally created franchises include ''[[Saints Row]]'', ''[[Frontlines: Fuel of War]]'', ''[[Red Faction]]'', ''[[MX vs. ATV Unleashed|MX vx. ATV]]'', ''[[Company of Heroes]]'' and others. The company also holds exclusive, long-term licensing agreements with leading sports and entertainment content creators including [[World Wrestling Entertainment]] (WWE), [[Games Workshop]] (''[[Warhammer 40,000]]''), [[Ultimate Fighting Championship]] (UFC), [[Nickelodeon (TV channel)|Nickelodeon]] and [[Disney]]-[[Pixar]]. It has announced net sales of $830.0 million in 2008, down from $1,030.5 million in the year previous. Net losses were $431 million for the 12 months ending March 2009, down from $35.3 million in the year previous.

Revision as of 21:24, 26 June 2009

THQ Inc.
Company typePublic, (NasdaqTHQI)
IndustryInteractive entertainment
Founded1989 (as Trinity Acquisition Corporation)
HeadquartersUnited States Agoura Hills, California, USA
Key people
Brian J. Farrell (Chairman, CEO, President),
Ian Curran (SVP Int'l Publishing)
ProductsRed Faction series
Tak series
Warhammer 40,000: Dawn of War
Smackdown
Saints Row series
Destroy All Humans! series
Summoner series
RevenueDecrease $830.0 million (2009)[2]
Decrease -$431.1 million (2009)
Number of employees
over 1,600 worldwide
Websitehttp://www.thq.com/

THQ Inc. (Toy Headquarters) (NasdaqTHQI) is a worldwide international American developer and publisher of video games. Founded in 1989, the company develops products for video game consoles, handheld game systems, as well as for personal computers and wireless devices. THQ is known for creating games both boring and of low quality.

The company publishes internally created and externally licensed content in its product portfolio. THQ's internally created franchises include Saints Row, Frontlines: Fuel of War, Red Faction, MX vx. ATV, Company of Heroes and others. The company also holds exclusive, long-term licensing agreements with leading sports and entertainment content creators including World Wrestling Entertainment (WWE), Games Workshop (Warhammer 40,000), Ultimate Fighting Championship (UFC), Nickelodeon and Disney-Pixar. It has announced net sales of $830.0 million in 2008, down from $1,030.5 million in the year previous. Net losses were $431 million for the 12 months ending March 2009, down from $35.3 million in the year previous.

History

The company began building out its internal product development capabilities in 2001 with the acquisition of Volition, Inc. located in Champaign, IL. Since then, THQ's internal studio system has grown to eleven studios across the globe with distinct capabilities across all viable gaming platforms. Studios such as Relic Entertainment, Paradigm Entertainment, Juice Games, Kaos Studios and Volition, Inc., who are working on games for next generation of consoles as well as PCs.

THQ's global distribution network includes offices in North America, Europe and Asia-Pacific as follows: United States, Canada and Mexico; Austria, Denmark, France, Germany, Italy, Spain, Switzerland, the Netherlands and the United Kingdom; Australia, Japan, and South Korea. Key THQ Wireless brands include Star Wars, WWE and certain Disney-Pixar properties. THQ Wireless serves content via all major carriers worldwide including Sprint, Motorola, Nokia (N-gage), AT&T, Sony-Ericsson, Orange in Europe and others.

Major franchises include games based on THQ's long standing licensing relationships with WWE, Disney/Pixar and Nickelodeon. The company also holds long-term rights to Bratz from MGA Entertainment and Warhammer 40,000 from Games Workshop.

On May 10, 2007, THQ reported its highest annual sales figures and net profits ever for the fiscal year which ended March 31. THQ's revenues reached over $1 billion. In 2008, THQ ranked 23rd on the list of largest software companies in the world.[1]

In March 2008, THQ announced they were to develop the world's first ever cheerleading game using the Wii Balance Board.[2]

On November 3, 2008 the company closed a number of its studios.[3]

Studios

Play THQ

Play THQ
Company typeChildren's division of THQ
IndustryChildren's entertainment
Founded2007
HeadquartersUSA
ProductsCars Mater-National
Nicktoons: Globs of Doom
All Star Cheer Squad
WALL-E
Naked Brothers Band
Drawn to Life: SpongeBob SquarePants Edition
Websitewww.PlayTHQ.com

Play THQ is the family division of THQ, founded in 2007. Its first game was Cars Mater-National. Additional games published include licensed material such as SpongeBob SquarePants featuring Nicktoons: Globs of Doom, WALL-E, Avatar: The Last Airbender - Into the Inferno, and original properties such as Lock's Quest. Play THQ is best known for publishing Disney/Pixar and Nickelodeon games.

XDG

The External Development Group (XDG) was founded in 2006[5] to streamline THQ's outsourcing initiatives. In 2008, the group opened a headquarters in Shanghai, China to transition from traditional business to business outsourcing methods to a form of distributed development.[6][7]

Additional developers/divisions

  • SimBin Development Team AB
  • Slingdot
  • THQ Wireless
  • ValuSoft

Upcoming games

2009

TBA

References

  1. ^ Software Top 100: "The World's Largest Software Companies"
  2. ^ THQ announce cheerleading game - 07/03/2008
  3. ^ [1] - 11/03/2008
  4. ^ http://investor.thq.com/phoenix.zhtml?c=96376&p=irol-newsArticle&ID=832692&highlight=
  5. ^ http://investor.thq.com/phoenix.zhtml?c=96376&p=irol-newsArticle&ID=831188&highlight=
  6. ^ http://www.gamasutra.com/view/feature/3758/an_examination_of_outsourcing_the_.php?page=3
  7. ^ http://www.gamasutra.com/php-bin/news_index.php?story=19718
  8. ^ "GDN: E3 09: World of Zoo to Open this Fall". Gamers Daily News. GDN. Retrieved 2009-06-02.

See also