THQ in trouble: Metro: Last Light, Company of Heroes 2 and South Park game delayed
THQ's stock has halved in value after the publisher's Q2 financial report announced a delay to the games arriving early next year. Though the delay shows an investment in the quality of those titles, the plummeting share price could leave the company facing bankruptcy before they reach market.
Needless to say, this would be a tremendous shame, as many of the games on THQ's roster are very well-liked here at PCG. Metro: Last Light and Company of Heroes 2 look particularly promising, and later releases, like Crytek's take on the Homefront licence and a new Saints Row game should do a lot to chivvy up sales - assuming THQ can find the cash to fund their development. Then there's Darksiders - which I rather enjoyed despite its weak-sauce PC porting - but the last game hasn't made its money back, despite 1.4 million sales.
As such THQ faces a tough call: gamble money it doesn't have to fund and polish its forthcoming projects or jeopardise the quality of its titles and face diminishing returns. There are other options of course, though not especially welcome ones: a mergers and acquisitions consultant has apparently been hired, presumably to look at the possibility of a buy-out.
If THQ can last out a little longer, then the sales of Metro: Last Light and Company of Heroes 2 may well make or break the company. If you're looking forward to those games, it might be worth considering this fact should you find yourself with pre-order-shaped wad of cash come Christmas-time.