THQ: "No Plans" To Stick With Red Faction Franchise
What began with the fantastic Red Faction on the PS2 back in 2001 may have just fizzled out for good.
THQ brought back the franchise after a few lesser-quality installments last generation, and Red Faction: Guerrilla was definitely a high point. The recently released Red Faction: Armageddon was decent, too, but it didn't sell well. And the less said about Red Faction: Battlegrounds, the better.
The result? A disappointed company, as the publisher has shelved the series. THQ reported a disappointing $38.4 million quarterly loss and CEO Brian Farrell told investors that the company has no new plans for the franchise.
"Given that the title now in two successive versions has just found a niche, we do not intend to carry forward with that franchise in any meaningful way."
They even tried a SyFy tie-in movie to help promote the series but unfortunately, things just haven't worked out. These days, first-person shooters rule the roost and if you're going the third-person route, you have to compete with stuff like Uncharted and Gears of War. This is one competitive business, ya know.
7/27/2011 8:42:19 PM John Shepard