Sunday, 31 July 2011

THQ Officially Pulls the Plug on Red Faction

Due to disappointing sales for the past two games, loyal OnLive publisher THQ announced this morning, that it is discontinuing the Red Faction series of game titles.

“Given that that title now in two successive versions has [only] found a niche, we do not intend to carry forward with that franchise in any meaningful way,” THQ investors were informed by THQ CEO, Brian Farrell, in an investor conference call held early this morning by top THQ execs.

Disappointed with first quarter financial performance, Farrell stated, “sales of Red Faction: Armageddon, and our licensed kid’s titles were below our expectations, and the release of UFC Personal Trainer, also adversely impacted the quarter.”

“In today’s hit-driven, core gaming business, even highly-polished titles with a reasonable following like Red Faction face a bar that continues to move higher and higher,” Farrell re-iterated, and unfortunately for the fate of Red Faction, the game “did not resonate with a sufficiently broad console gaming audience.”

Farrell went on to inform investors that, “Moving forward, our core game titles must meet a very high quality standard with strong creative and product differentiation, appeal to a broad audience, and be marketed aggressively.” Farrell went on to state that due to poor sales of key titles like those in the Red Faction series, the company would be revising its internal game review process, to insure all future titles meet the higher quality bar associated with critical and fiscally successful IPs.

Despite the negative future for the Red Faction franchise, the future does still appear to be stable for Red Faction developer, Volition, who is currently putting the finishing touches on Saints Row: The Third. The game is the third installment to the hit open world, sandbox action series, Saints Row, which is due for release on November 15th. Volition is also busy working with writer, director Guillermo del Toro, on his upcoming project. That project is inSANE, a survival-horror title that was announced at last year’s Spike VGAs, and not due for release until some time in 2013.

Farrell pointed out, that even though the company is no longer planning any future games in the Red Faction series, that other key titles for the remainder of 2011, namely Warhammer 40,000: Space Marine, Saints Row: The Third, and WWE ’12, were on track to meet their assigned release dates this fall. Farrell went further to remind investors that future projects from Left 4 Dead developer, Turtle Rock Studios, and at THQ’s newly opened Montreal studios, now headed by former Assassin’s Creed series creative director, Patrice Désilets, were also in the works. He also emphasized that the future outlook for THQ as a whole, is rather rosy as a result.

SOURCE: OnLiveFans.

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