THQ’s off road racer, MX vs. ATV that’s been around since the good old PS2 days was cancelled today by THQ. Over the years the MX vs. ATV series couldn’t really keep up with the competition, and this year’s Alive bombed without a trace. Here’s what THQ’s CEO, Brian Farrell had to say on the matter, “With this realignment, we are narrowing our focus to high-quality owned IP with broad appeal that can be leveraged across multiple platforms, and to work with the best talent in the industry. By right-sizing our internal development capacities for our console portfolio, our five internal studios are focused on delivering high-quality games with talented teams driving the execution of those titles to market.
As we have outlined in our business strategies, we are making shifts to reduce movie-based and licensed kids’ video games in our portfolio, which underscores our strategy to move away from games that will not generate strong profits in the future.”
This cancellation means around 200 THQ employees are now jobless. Just last month, THQ scrapped their Red Faction franchise after Red Faction Armageddon failed to generate the green stuff. Luckily for Volition they had the Saint’s Row series to fall back on.
Thanks to Game Informer for the heads up.
Published Date: Aug 10, 2011 10:28 am | Updated Date: Aug 10, 2011 10:28 am