IGDA source claims publisher has cancelled Warhammer 40,000: Dark Millennium Online, along with its entire 2014 lineup, due to financial trouble.
Source: the Twitter feed of Kevin Dent, head of the International Game Developers Association (IGDA) Mobile Special Interest Group.
What we heard: late last year, THQ cut its quarterly sales forecast by one quarter and laid off 30 employees from its Agoura Hills, California-based Play THQ team, citing weaker-than-expected sales from its Xbox 360 and PlayStation 3 versions of its uDraw gaming-tablet peripheral.
Now, an industry source is claiming that the publisher has cancelled its entire 2014 lineup, including development on Warhammer 40,000: Dark Millennium Online.
Kevin Dent, head of the IGDA Mobile Special Interest Group, first tweeted: "Apparently, The Game Workshops MMO has been cancelled by THQ", before going on to clarify that THQ's entire 2014 lineup has been cancelled, because the publisher "needs to preserve cash".
Dent then revealed that THQ has apparently begun to return IP to publishers, tweeting that THQ has returned IP to Disney after paying an advance with no chance of a refund, and that they "are offering themselves to Asian firms to increase value".
In a later tweet, Dent clarified his position by saying: "…until THQ says "x", it is all speculation and rumors."
The official story: THQ has replied with a "No comment" response.
Bogus or not bogus: too early to tell. Dent is well placed as an industry source, but THQ has had a good run in the last 12 months. Saints Row: The Third pre-orders tracked four times higher than Saints Row 2, with the publisher already announcing a Saints Row 4. This year, THQ is slated to release a new WWE game, Darksiders II, and Metro: Last Light.
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