Support NeoGAF

[rbanke]

Their fiscal 2014 is calendar year march 2013-2014? or am I off by a year?

EDIT: ah the OP's been updated. Yea so SP could only be delayed by a month or two?

 

[Absoludacrous]

I really hoped Obsidian saves some of that kickstarter money for when Project Eternity inevitably gets delayed.

 

[Nibel]

Thanks for the text bolding Niro!

And damn at dat SP delay!

 

[Tagg9]

I still wonder where they got the money to pay Jason Rubin. Seems like he'll probably be making a decent salary in his new position.

 

[BibiMaghoo]

The guy sounds like he knows what he is talking about.

Probably for the best.

 

[Data West]

Have you guys recently taken a look at early 2013?

Smart move.

What magical money source are they using to pay for their employees to work even more months without a big hit?

 

[GavinGT]

 

 

[EloquentM]

ITT people don't know when early fiscal 2014 is.

 

[Quentyn]

So, it sounds like they're actually looking for a source of money to actually support this idea.

The calendar movement for the release of games will likely create a need for additional capital. THQ has engaged Centerview Partners LLC to assist the company in evaluating strategic and financing alternatives intended to improve THQ’s overall liquidity, including raising additional capital, preserve the company’s ability to bring the best possible games to market during the most advantageous release windows and to help address the $100 million 5% convertible senior notes due August 2014.

Yea, doesn´t sound too good. Conference call starts in five minutes.

http://investor.thq.com/phoenix.zhtml?c=96376&p=irol-newsArticle&ID=1754428&highlight=

 

[SturokBGD]

THQ are still on the downward spiral and may not live to see 2013? DAMN YOU OBSIDIAN IT'S ALL YOUR FAULT somehow.

In all seriousness I hope if the worst happens with THQ that their IPs (and the talent that creates them) somehow ends up intact elsewhere.

 

[TwIsTeD]

I guess that Polygon article about Kaos left a bad taste in their mouth

 

[Eideka]

Metro LL in March then ?

I'm fine with that !

 

[Zeliard]

This got nothing to do with Obsidian and its past history. This is a THQ decision to delay three games from three different developers.

I love how people just ignore the obvious to take weak shots at Obsidian. Putzes.

 

[Ragus]

I really wanted to play South Park RPG

 

[ghibli99]

ITT people don't know when early fiscal 2014 is.

Yup, although it can be very confusing, even to folks who know what it means.

 

[Nirolak]

Yea, doesn´t sound too good. Conference call starts in five minutes.

http://investor.thq.com/phoenix.zhtml?c=96376&p=irol-newsArticle&ID=1754428&highlight=

Thanks.

Thanks for the text bolding Niro!

And damn at dat SP delay!

Thanks for finding the info.

 

[Bullza2o]

After the guys made fun of Smartglass at E3?

Maybe THQ made them implement it because Microsoft got mad at them during E3.

 

[Kahoona]

Seeing Metro: Last Light as a launch title for next-gen consoles makes a ton of sense. I can see them demoing it on-stage at E3 to show off one of the two consoles' horsepower.

 

[Patryn]

So will the marketing budget for these games be what change has fallen into the couches at THQ?

Calling it: These games are going to be sent to die.

 

[Robin64]

For example, the United States government fiscal year for 2013 ("FY 2013" or "FY13") is as follows:

1st quarter: 1 October 2012 – 31 December 2012
2nd quarter: 1 January 2013 – 31 March 2013
3rd quarter: 1 April 2013 – 30 June 2013
4th quarter: 1 July 2013 – 30 September 2013

That means FY 2014 would begin on 1 October 2013. Unless this entry on Wikipedia is wrong.

 

[Absoludacrous]

I love how people just ignore the obvious to take weak shots at Obsidian. Putzes.

Can you really draw that conclusion from the press release though? It sounds more like Obsidian (and the other studios) need to delay their game a few months due to polish concerns. Which is pretty typical Obsidian.

 

[rbanke]

So if these games are only actually being pushed a few months, is this simply to bolster their 2014 FY financials compared to 2013?

 

[saichi]

I wonder if South Park: The Stick of Truth would ever come out now.

 

[Haunted]

Something THQ won't be smelling.

damn son

 

[ZoddGutts]

Good news for Project Eternity, more people will work on it now.

 

[Nirolak]

So if these games are only actually being pushed a few months, is this simply to bolster their 2014 FY financials compared to 2013?

They don't really have any cash, so they're hoping a better window and more development time will allow the games to be breakout hits and save the company.

As it stands, they're working with a financing firm to try and raise money to pay off their next $100 million debt payment while still being able to market and develop games.

 

[Eideka]

Seeing Metro: Last Light as a launch title for next-gen consoles makes a ton of sense. I can see them demoing it on-stage at E3 to show off one of the two consoles' horsepower.

But it will release in March according to the OP....

Before it was planned to release "early 2013".

 

[Data West]

I wonder if South Park: The Stick of Truth would ever come out now.

It's a South Park game. If anything, someone else will swoop in and publish it Sleeping Dogs style.

 

[rbanke]

They don't really have any cash, so they're hoping a better window and more development time will allow the games to be breakout hits and save the company.

As it stands, they're working with a financing firm to try and raise $100 million to pay off their next debt payment.

Gambling for big money it seems.

Spoiler

or any money

 

[Man God]

This might just be the last hurrah for THQ. Someone will buy Saint's Row and WWE will find someone else to make their wrasslin' games.

 

[Absoludacrous]

So if these games are only actually being pushed a few months, is this simply to bolster their 2014 FY financials compared to 2013?

It sounds to me like these games are their last hope, and they're doing everything possible to release them in a polished, sellable shape. Which means delaying them to 2014 FY and hoping they get the funds to make it happen.

If they were ready by 2013 FY they would release them then.

 

[Nirolak]

I wonder what the 10 in-development games are?

Homefront 2
Turtle Rock Studios game
South Park
Metro: Last Light
Company of Heroes 2
Saint's Row the Fourth
next WWE game (?)
Dawn of War 3 (?)
the former Warhammer MMO (?)
??

Relic has a MOBA in development so one of them is presumably that.

 

[Washed_Out]

THQ will probably be dead by fiscal year 2014. Guess I'll never get to play South Park.

 

[iammeiam]

That means FY 2014 would begin on 1 October 2013. Unless this entry on Wikipedia is wrong.

I think THQ is announcing Q2 2013 numbers, though, which would make their Q1 2014 coincide with calendar Q2 2013? So like April? I think? Fiscal years are dumb. I just want South Park.

 

[Cameron122]

I hope somehow Relic, Vigil, and Volition survive all of this :/

 

[RoboPlato]

Not surprising. Haven't heard anything on South Park or Metro in a long time and they would get lost in the early 2013 shuffle. I can see Metro as a launch title for next gen. It'll look fantastic and would probably do quite well in the launch window. Really surprised it still says March actually.

 

[Quentyn]

From the conference call:

-Darksiders 2 below expectations
-Saints Row 3 5 million shipped

 

[Eideka]

Not surprising. Haven't heard anything on South Park or Metro in a long time and they would get lost in the early 2013 shuffle. I can see Metro as a launch title for next gen. It'll look fantastic and would probably do quite well in the launch window. Really surprised it still says March actually.

Yeah March 2013 for Metro sounds too good.

Will surely be delayed again.

 

[Data West]

The crazy thing about South Park being delayed that far is that it already has preorder bonuses

 

[Extra Sauce]

I guess this gives me time to catch up on South Park episodes.

 

[Derrick01]

And I thought it wasn't possible for me to hate THQ any more. Stop fucking delaying South Park you incompetent bastards!

 

[Pachinko]

An entire extra year ? really ? How could it take THAT long to make a south park rpg that plays like a 16 bit final fantasy game.

I wouldn't be throwing a single red cent at this company if I were an investor, that ships just full of holes , water logged and the crew is clearly just trying to get the gold out before it sinks with the ship.

 

[CosmicQueso]

And I thought it wasn't possible for me to hate THQ any more. Stop fucking delaying South Park you incompetent bastards!

They just said that if they released it on time it would have been a disaster.

 

[ferr]

So basically THQ is dead within 2 years.

 

[Recon]

And I thought it wasn't possible for me to hate THQ any more. Stop fucking delaying South Park you incompetent bastards!

.

 

[Hero_of_the_Day]

So can we safely assume the Darksiders series is dead?

 

[Das-J]

Wow... at this point I just hope CoH2 gets released!

 

[MMaRsu]

Nooooooooooooooooooooooooooo

 

[ChosenPredator]

so if THQ dues that means WWE games is going to be published by EA?

 

[Eideka]

An entire extra year ? really ? How could it take THAT long to make a south park rpg that plays like a 16 bit final fantasy game.

Where the hell have you read an entire year ?