Atari and Activision also died.
I doubt anyone will see any value in resurrecting the THQ brand after January 23rd though.
THQ is Bankrupt for Real This Time
10 Jan 2013, 15:57 PM
#161
Posts: 213
" ..... Hell , it's about time ..... "
10 Jan 2013, 15:59 PM
#162
Posts: 64
" Curiosity begins as an act of tearing to pieces or analysis. "
and
" What we want to tell, we wish our friend to have curiosity to hear. "
The key word is "Curiosity"
and
" What we want to tell, we wish our friend to have curiosity to hear. "
The key word is "Curiosity"
I could die for you. But I couldn't, and wouldn't, live for you.
Ayn Rand
Ayn Rand
10 Jan 2013, 18:59 PM
#163
Posts: 48
Activision also died
wat ?
It has been resurected then ?
10 Jan 2013, 23:03 PM
#164
Posts: 642
The bit about Atari is true. They were a mediocre developer though, making badly produced games and treating their customers like money trees, instead of trying to create a loyal fanbase. They died the moment the Bioware couldn't use the d20 license, and they thought they could handle it.
...They died since they were Infogrames.
...They died since they were Infogrames.
11 Jan 2013, 02:20 AM
#165
Posts: 213
Double Fine Productions is taking an interest in THQ's bankruptcy.
Atari's first death was in 1984. The brand was resurrected many times since its initial death.
The Atari brand's power will live until the children who played the Atari 2600 die in about 50 years or so.
The big difference between the "cache" teh Atari brand has and THQ is that the Atari from 1977 to 1986 was the #1 console. Also, Nolan Bushnell, a "game maker" from head to toe ran the company. It is far easier to generate brand loyalty with guys like Bushnell, Mohraime and Shigeru Miyamoto at the top. As opposed to a lawyer/marketing/accounting guy like Brian Farrell.
Bushnell, Mohraime and Miyamoto love games the same way their customers do.
The bit about Atari is true. They were a mediocre developer though, making badly produced games and treating their customers like money trees, instead of trying to create a loyal fanbase. They died the moment the Bioware couldn't use the d20 license, and they thought they could handle it.
...They died since they were Infogrames.
Atari's first death was in 1984. The brand was resurrected many times since its initial death.
The Atari brand's power will live until the children who played the Atari 2600 die in about 50 years or so.
The big difference between the "cache" teh Atari brand has and THQ is that the Atari from 1977 to 1986 was the #1 console. Also, Nolan Bushnell, a "game maker" from head to toe ran the company. It is far easier to generate brand loyalty with guys like Bushnell, Mohraime and Shigeru Miyamoto at the top. As opposed to a lawyer/marketing/accounting guy like Brian Farrell.
Bushnell, Mohraime and Miyamoto love games the same way their customers do.
" ..... Hell , it's about time ..... "
11 Jan 2013, 04:28 AM
#166
Posts: 1620 | Subs: 2
Double Fine? Really? How come? Do they even have enough money to buy anything? What would they buy?
Signature by Ginnungagap
11 Jan 2013, 05:47 AM
#167
Posts: 213
Double Fine? Really? How come? Do they even have enough money to buy anything? What would they buy?
the scraps left-over from whatever Warner Bros., EA and Ubisoft buy.
" ..... Hell , it's about time ..... "
11 Jan 2013, 05:49 AM
#168
Posts: 1620 | Subs: 2
Like, what kind of scraps? One of Double Fine's strengths is that it churns out new IP all the time. Why would it bother buying someone else's scraps?
Signature by Ginnungagap
11 Jan 2013, 06:05 AM
#169
Posts: 213
Like, what kind of scraps? One of Double Fine's strengths is that it churns out new IP all the time. Why would it bother buying someone else's scraps?
there are almost always suits in every software house that would rather acquire a code base rather than make it themselves from scratch.
if the price is low enough anything can be a good buy.
just because they are performing "Due Diligence" does not mean they are set to buy THQ-Montreal next week. its just that .. due diligence.. they are probably sniffing around for a bargain.
" ..... Hell , it's about time ..... "
11 Jan 2013, 06:15 AM
#170
Posts: 1620 | Subs: 2
Ah, like engines or stuff. That would make sense.
Signature by Ginnungagap
11 Jan 2013, 06:17 AM
#171
Posts: 213
Ah, like engines or stuff. That would make sense.
generally, "the suits" distrust the entire process of softwaer development because they've never even so much as contructed a for loop in their sheltered lives.
this explains their penchant for always wanting to buy a "turnkey solution".
" ..... Hell , it's about time ..... "
11 Jan 2013, 06:23 AM
#172
Posts: 1620 | Subs: 2
I could definitely go for a turkey solution right about now. And by solution I mean sandwich.
Signature by Ginnungagap
11 Jan 2013, 06:27 AM
#173
Posts: 790 | Subs: 2
generally, "the suits" distrust the entire process of softwaer development
Yeah because it generally takes more money and time than originally projected...buying a codebase/game creates more certainty.
11 Jan 2013, 09:45 AM
#174
15 
Posts: 1708 | Subs: 2
Double Fine is one of THQs creditors (THQ owes them money)
http://www.neogaf.com/forum/showthread.php?t=507786
http://www.neogaf.com/forum/showthread.php?t=507786
11 Jan 2013, 09:51 AM
#175
Posts: 213
" ..... Hell , it's about time ..... "
11 Jan 2013, 09:56 AM
#176
15 Posts: 1708 | Subs: 2
that's just a handful of creditors, read the thread and where is your source for double fine shopping at THQ
11 Jan 2013, 10:34 AM
#177
Posts: 213
that's just a handful of creditors, read the thread and where is your source for double fine shopping at THQ
it is the top 12 creditors,
if THQ owes Double Fine less than $200,000 its not going to do them much good at the auction.
THQ said double fine wanted bankruptcy filing details.
" ..... Hell , it's about time ..... "
11 Jan 2013, 14:19 PM
#178
15 Posts: 1708 | Subs: 2
Bankruptcy fillings are public access, there's no need to ask for them. Double Fine gave consent for their correspondence to be sent electronically.
11 Jan 2013, 14:26 PM
#179
Posts: 213
uhhh the Debtor must approve access to diligence materials
http://www.scribd.com/doc/119845249/THQ-Bidding-Procedures
it even says that in your document.
they are owed less than 240K
as per 363(K) the amount they are owed, which is almost nothing, this will have no impact on their bid because they are unsecured and relative to the major bidders no doubt intimately involved in this Double Fine has almost no resources.
all this leads one to believe that even if Double Fine manages to win/buy anything at this auction it will be under the conditions i originally named.
specifically, it'll be the scraps Ubisoft, Warner Bros, Activision an EA do not want to bother with.
if Double Fine is going through these diligence materials in the hopes of getting some of their money back, i have some bad news for them. you won't get any blood from this stone.
http://www.scribd.com/doc/119845249/THQ-Bidding-Procedures
it even says that in your document.
they are owed less than 240K
as per 363(K) the amount they are owed, which is almost nothing, this will have no impact on their bid because they are unsecured and relative to the major bidders no doubt intimately involved in this Double Fine has almost no resources.
all this leads one to believe that even if Double Fine manages to win/buy anything at this auction it will be under the conditions i originally named.
specifically, it'll be the scraps Ubisoft, Warner Bros, Activision an EA do not want to bother with.
if Double Fine is going through these diligence materials in the hopes of getting some of their money back, i have some bad news for them. you won't get any blood from this stone.
" ..... Hell , it's about time ..... "
11 Jan 2013, 23:33 PM
#180
Posts: 77
Bankruptcy fillings are public access, there's no need to ask for them. Double Fine gave consent for their correspondence to be sent electronically.
The Bankruptcy Filings are public access, but not all of the company's documentation. Bidders need permission to gain access to certain company data.
"sometimes effort is more important than results"
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