CVG

The seemingly inevitable arrival of next-generation consoles from Sony and Microsoft represents a "tremendous opportunity" for publishers such as troubled THQ, the firm's said.

Speaking to investors following the announcement of a £35m net loss in Q3, THQ CEO Brian Farrell claimed that a new console cycle represents both a risk and opportunity to "transform" the company.

"I agree that as we approach a potential new console cycle it does introduce an element of risk. Another way to think about that is it does present a tremendous amount of opportunity," he said.

"The best time to establish new IP is near the beginning of a new cycle and we think that can provide a tremendous opportunity for the transformation of THQ."

The publisher, which yesterday announced the loss of 240 jobs, reported better than expected performances from core games, offset by poor results for the uDraw.

http://www.computerandvideogames.com/334442/xbox-720-ps4-represent-tremendous-opportunity-claims-thq/

More job losses than predicted then. That can't be good.

Stop making crap ware.

Seriously what has THQ made that was good?

They put out rushed crap games.

THQ won't be around when those consoles are released

The only thing I can think of is publishing Conker's Bad Fur Day in Europe...

Oh wait, they also publish the Metro games :)

Yup - they can have another go at shifting the 1 M plus uDraw titles still sitting in warehouses assuming the PS4/720 are backwards compatible.

THQ publish a slew of good IP's so let's not devolve into name-calling.

Also perhaps they thought UDraw on the 360 and PS3 would be a good idea due to positive Move and Kinect sales.

Games developed/published by THQ that are good this generation

Red faction
Saints row 1-3
Dawn of War games
40k Space marine
UFC games
WWE games
Darksiders
De blob
Metro 2033
Deadly creatures

Honestly they actually have a pretty strong stable of games. The sad thing is that they themselves effectively killed of the De blob and Red Faction franchises. Deadly creatures was doomed from the start. 

Then they're not only stupid but illiterate as well.

Yeah i agree Zim

Instead of focusing on what they were good at, they decided to try and be more like other publishers, which resulted in the failures of the uDraw as well as the failure of homefront. Both these games THQ put a lot of resources into and both didnt pan out. And i mean who ever thought THQ would be doing a generic shooter or a casual peripheral a few years back? not me.