Videogame developer THQ has cancelled multiple future releases in preparation for being sold, according to internet reports.
Kevin Dent, who works in the gaming industry tweeted over the weekend that THQ had cancelled an MMO it was developing under license from The Games Workshop, meaning Warhammer 40,000: Dark Millenium Online.
The MMO was announced in 2007 and due for release in 2013 and it seems the overpopulated MMO market may have contributed highly to the decision to cancel the title.
Dent later tweeted: "I am hearing everything (in 2014 is cancelled), they need to preserve cash". He also noted THQ's stock price is around 66 cents; it was about $6 this time last year.
THQ has had a rough time recently, spending huge amounts of money on underperforming titles such as Saints Row The Third, Homefront and the uDraw peripheral.
3 News / Kotaku