THQ cancels Del Toro’s inSANE
During an investor call, THQ’s new president Jason Rubin has announced the publisher has decided to not go forward with Del Toro’s inSANE trilogy. The IP rights to the (possible) franchise have been returned to the director.
Here’s what Rubin had to say:
“We have decided not to pursue further pre-production on Insane, and have returned all of our IP rights to Guillermo del Toro. By cancelling these explorations outside of our core business, we feel we can improve focus on our core game portfolio, which remains unchanged.”
This is the second high profile title being dropped by THQ in as many quarters. Next to inSANE – which would be developed by Volition – we already saw Tomonubu Itagaki’s Devil’s Third being shelfed and the accompanying IP rights returned to their original owner.
Not all is bad news for the troubled publisher though. Rubin also announced that THQ actually made a profit of $15.4 million, compared to a $38.4 million loss last year. And for those who want to know: THQ’s best-performing platform is the Xbox360 (36.3%), followed by the PS3 (25.6%) and PC (17%). For the record: PC accounted only for 6.9% of the company’s revenue last year.
To show that things are going in the right direction for the company, Rubin also noted that THQ’s internal studio’s have started working on no less than 4 yet unannounced games in the last 60 days.