Categories

THQ bids farewell after raising $72M in asset sales

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

coh2 multi 1

THQ bid farewell to the video game industry tonight as it announced court approval for the sale of its assets. The company was one of the largest publicly traded video game publishers in the U.S., but it was brought down by a load of debt, a dearth of hit titles, a shift in gamer tastes, and a bad bet on a drawing tablet.

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.