User:Strygon/sandbox

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List of Staff[edit]

This is the list of staff in alphabetical order and what they did as of April 3rd, 2013 according to Volition's website:[1]

THQ Bankruptcy and the sale of Volition[edit]

When THQ filed for bankruptcy, many companies showed interest in the assets of THQ, especially since THQ announced that they will attempt to keep the jobs of their employees by selling their various assets.[2] General manger of Volition Inc., Dan Cermak said that Warner Bros., Electronic Arts, Take-Two, Ubisoft, Koch Media, and an unnamed group from Chicago all completed site visits in the weeks preceding the sale of Volition.[3] Eventually, Volition was acquired by Koch Media for 22.3 million dollars.[4] None of the other companies that showed interest in Volition actually bid except for Ubisoft that bid 5.4 million dollars.
[5] Volition was the most expensive THQ asset that was sold during the auction as opposed to all the other assets that were acquired by other companies. It is believed to be worth that much due to the past success of a lot of the games that were made by the studios such as Saints Row: the Third. In early 2012, Saints Row: the Third sold around 4 million copies from its release date which was in mid November of 2011. THQ also claimed that the game's downloadable content packages were performing much better than anticipated.[6]

References[edit]

  1. ^ http://www.dsvolition.com/staff/
  2. ^ http://www.forbes.com/sites/danielnyegriffiths/2013/01/24/the-break-up-bankrupt-thq-assets-sold-at-auction/
  3. ^ http://www.gamespot.com/news/volition-had-six-interested-buyers-report-6403122
  4. ^ http://www.polygon.com/2013/1/23/3908254/koch-media-bidding-on-volition-and-metro-franchise
  5. ^ http://www.gamespot.com/news/volition-had-six-interested-buyers-report-6403122
  6. ^ http://www.destructoid.com/thq-s-fourth-quarter-results-got-a-boost-from-saints-row-226083.phtml
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