The Golden Bolt | The Death of THQ: From Billions to Bankrupt in 5 Years @TheGoldenBolt | Uploaded November 2023 | Updated October 2024, 8 hours ago.
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In 2007, THQ posted its first billion dollar year. In 2012, it was bankrupt. THQ's collapse is the story of a company caught in the crossroads of a recession, a new console generation, and an industry shakeup - all hitting at the peak of its business. It's the story of a company with two warring internal divisions, with a CEO that refused to break up the fights or make the hard decisions.. Unlike so many other game studios during this era, however...THQ should have made it out alive, and it almost did. It had a strategy in place should the licensed game well start to dry up, and it even executed on that plan; it just didn't fully commit.
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This video is not intended for viewers under 13 years of age, and may contain content inappropriate for such viewers. Parental guidance suggested.
#THQ #TheGoldenBolt
Check out Manta Sleep here bit.ly/3P0vUwc and use code GOLDENBOLT for 10% off your order!
In 2007, THQ posted its first billion dollar year. In 2012, it was bankrupt. THQ's collapse is the story of a company caught in the crossroads of a recession, a new console generation, and an industry shakeup - all hitting at the peak of its business. It's the story of a company with two warring internal divisions, with a CEO that refused to break up the fights or make the hard decisions.. Unlike so many other game studios during this era, however...THQ should have made it out alive, and it almost did. It had a strategy in place should the licensed game well start to dry up, and it even executed on that plan; it just didn't fully commit.
Support future videos! patreon.com/TheGoldenBolt
Check out Crub, my podcast "super"-group with a bunch of creator pals! bit.ly/Crubcast
Become a Channel Member! youtube.com/channel/UCIySeFc0rD9_WK5CRCuB_oA/join
"The Golden Bolt Theme" composed by AllHailBuckets. Show him some love on Spotify or your music service of choice! open.spotify.com/artist/2dWDmPnBqbOuoGGF5oclcv
This video is not intended for viewers under 13 years of age, and may contain content inappropriate for such viewers. Parental guidance suggested.
#THQ #TheGoldenBolt
