THQ: We have no room for error

THQ cannot make any more mistakes going forward if the company is to survive.

This is according to CEO Brian Farrell, who feels the publisher can recover from its recent decline but there is little margin for error.

Farrell told Gamasutra: “The last six months have been an exercise in great pain and suffering. We feel like we’re getting there. We’ve taken a lot of negative things in the press – and frankly a lot of that was deserved.

“This company has changed. We have strong, new leadership. Look at our fourth quarter earnings. It’s starting to come together.”

Farrell also takes the blame for the company being in bad shape, adding: “There is no question who is responsible for where THQ is right now. That’s with me. That said I feel equally responsible for getting this company out of it.”

New THQ president Jason Rubin recently said the publisher would be making changes to its business strategy, including cutting down the number of games in development.

Last month it was announced that Saints Row 3 DLC would be scrapped and an entirely new Saints Row game would be worked on instead.