THQ’s Red Faction has been delayed and will now be shipping after March 29th - a move that will cost THQ over $125 million. THQ has also posted losses of over $114million and is confirming layoffs.THQ further explained that its plan involves "the cancellation of several titles that were in development but had not [...]
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Posted to WoC on 06-11-2008 11:54 AM
THQ’s Red Faction has been delayed and will now be shipping after March 29th - a move that will cost THQ over $125 million. THQ has also posted losses of over $114million and is confirming layoffs.
THQ further explained that its plan involves "the cancellation of several titles that were in development but had not been publicly announced."
Looks like the upcoming global depression is starting to hit the gaming industry. Activision Blizzard have also posted losses of $194 million.