Categories

Desperate for cash, THQ hires firm to ‘evaluate strategic alternatives’ (It’s up for sale)

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

It looks like THQ is up for sale. The struggling video game publisher said today it has hired a consulting firm, Centerview Partners, to evaluate its “strategic alternatives.”

Typically, that statement means a company is looking for buyers. Brian Farrell, the chief executive of THQ, made the announcement on the company’s earnings call with analysts. He said that Centerview Partners would determine THQ’s future course considering that the company does not have enough capital to fuel all of its plans.

Unlock premium content and VIP community perks with GB M A X! Join now to enjoy our free and premium perks. 

Join now →

Sign in to your account.

Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.