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Troubled THQ needs to sell Big Huge Games or face closure

Troubled THQ needs to sell Big Huge Games or face closure

By: Alan Ng | March 18, 2009 | Leave a Comment

Well known games publisher THQ has said that if they do not sell in-house team Big Huge Games to a buyer, then they may be forced to close down their studio. The struggling company are best known for franchises such as WWE and Disney/Pixar.

In a report over at GI.biz, THQ blamed the ‘difficult economy’ for their latest statement and have already begun cutting jobs in some of its studios worldwide.

The company revealed: ”As part of THQ’s previously announced business realignment and related headcount reduction plans that targeted cost reductions of USD 220 million, including a reduction in workforce of 600 people worldwide, THQ today notified the staff at two of its development studios that they will be spun out as independent companies: Heavy Iron in Los Angeles, CA, and Incinerator in Carlsbad, CA,”

Which big games company is going to be next to fall under the hammer as a result of the ‘doomed’ economy. Leave your thoughts below.

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