Where Will THQ's Games and Studios Go?

Beleaguered publisher THQ formally filed for Chapter 11 bankruptcy today, with investment firm Clearlake Capital Group acquiring everything – “all the assets of THQ’s operating business, including THQ’s four owned studios and games in development.” While nobody wants to see any more jobs lost and see the company go under, the strong possibility exists that the company’s assets (read: game franchises and development studios) will be auctioned off to the highest bidder. So where are they likely to go if that happens? Here are some likely scenarios.

Notable Sales Figure: 3.1 million units*

Probable Destination: Microsoft

THQ does not own South Park, nor can it claim ownership of The Stick of Truth’s developer, independent studio Obsidian. It merely holds the publishing rights to this hotly anticipated RPG, which is likely to draw a lot of interest due not only to the South Park brand, but also because of the involvement of showrunners Matt Stone and Trey Parker. These factors have fueled a lot of excitement and anticipation around the game’s release. The fact that the game is almost done should also add to its appeal for potential buyers, who are likely to be headlined by Microsoft.