Well they are filing Chapter 11, so it is still bad but it is to save the salvagable part of the company. They can not really be making that much money because the accets are worth more if you just sell it. Chapter 11 is a poor choice of seperating divisions since you cannot dicate what it is worth but get what the people are willing to bid. (which is usually low) So they are either worth less together, in THQ's case there is a chance that the developers will be seperated from their IPs, or they are going to do the same laundring process that OnLive just did.
I did a rant related to this. But it is more for the mobile/F2P not really being "the future" only part of the future. Since Atari was pushing mobile and F2P recently.
http://lokidh.tumblr.com/post/41153946023/atari-filing-for-chapter-11-and-other-musing
