THQ Problems Continue, Metro Delayed

Rumours have been circulating for a while now in regards to THQ’s financial situation and the position of their future titles.  While THQ eventually denied the rumours that they were to cancel their 2014 line-up, their financial situation has not improved; their share value remains under the $1 mark which means they are at risk of NASDAQ delisting, more job losses have been reported, and recently published figures show $55.9 million in losses in the last quarter.

The latest release schedule shows that Metro: Last Light has been pushed back to early 2013, from a summer 2012 release.  The reason for this delay is said to be so developer 4A Games can polish the game before release, but we’ll be hearing more closer to E3.

As for Vigil Games‘ 40k MMO Dark Millennium Online: while the game is still on for a 2014 release, Brian Farrell confirmed during the investor call on Feb 2nd that THQ is looking for a partner to help complete the title (via Eurogamer).

THQ Denies Problems

THQ have denied there are any plans to cancel the 2014 line-up, and they say no decision has been made as yet in regards to the Warhammer 40,000 MMO, Dark Millennium Online.

A statement was given to VG247 from THQ’s Australian PR arm, denying these rumours and citing the great performance of Saints Row: The Third, which was one of the best-selling games of 2011.

Rumour: THQ in Trouble?

There have been a number of tweets going around today noting that THQ are apparently offering themselves up for sale, have cancelled work on all their 2014 line up (including the Warhammer 40k MMO, Dark Millennium Online) as well as having returned IP to Disney.

THQ’s share price has falled to $0.65, the lowest it’s been all year, with a total market value just under $50 million.

UFC: Undisputed 3, Darksiders II, Metro: Last Light, South Park: The Game and WWE Brawl are scheduled for 2012, with inSANE and Devil’s Third scheduled for 2013.