THQ Vice President Resigns

THQ vice president, corporate controller and chief accounting officer Teri Manby has resigned. According to a recent SEC filing, Manby will remain with the company until July 6th in order to transition her duties to multiple other employees.

CFO Paul Pucino will take on Manby’s role as chief accounting officer, while Rose Cunningham will be promoted to vice president and corporate controller. Cunningham has been with THQ for seven years and most recently served as senior director of financial reporting.

This is one of many recent corporate shake ups for THQ, following the appointment of a new company president shortly before E3. The company has been plagued by financial troubles recently, leading to multiple rounds of layoffs.

THQ most recently announced that Saints Row The Third expansion Enter the Dominatrix will now be a part of Saints Row 4.



Source : ign[dot]com

Electronic Arts To Spend $80 million On Next-Gen Games In 2013 Ads By Google » Blog Tags Today's Most Popular Videos »

Electronic Arts is committed to the next generation of consoles. In a recent financial filing, the company said it will spend $80 million on "development of games for Gen4 console systems."

While the company isn't ready to say which titles it's developing for the PlayStation 4 (or whatever it will be called) and the next Xbox, it's nice to know that EA is thinking ahead, and when these systems do eventually launch, their will be games out for them.

Let's move from EA's future to its past. In the last year, EA reports a strong quarter and a fiscal year highlighted with $1.2 billion of digital revenue,

"In the coming year, we break away from the pack," said Chief Executive Officer John Riccitiello. "With a very different profile than the traditional game companies and capabilities that none of our new digital competitors can match."


Source : http://www.g4tv.com/thefeed/blog/post/723538/electronic-arts-to-spend-80-million-on-next-gen-games-in-2013/