It’s been no secret that THQ has experienced a rough financial year. Titles from the publisher have been delayed or cancelled, major staff layoffs were reported in February, and CEO Brian Farrell even took something of a pay cut (either as a PR stunt or a last resort).
Today, the publisher confirmed the extent of the damage, posting a net loss of $240 million USD for financial year 2011/2012. The financial briefing reconfirms the company’s “realignment plan”, which it claims will save $180 million USD in running costs for fiscal year 2013.
The same document also reveals that the Obsidian-developed South Park: The Game will not be released until the early months of 2013. A stand-alone expansion for Saints Row The Third called Enter the Dominatrix will arrive this September.

Paul Younger
Founder and Editor of PC Invasion. Founder of the world's first gaming cafe and Veteran PC gamer of over 22 years.

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