THQ had a pretty bad first fiscal quarter for 2011, posting a loss of $38.4 million. The blame for the financial downturn has been all but confirmed to be the result of Red Faction: Armageddon‘s middling scores and worse sales. THQ Brian Farrell stated, shortly after the results were posted, that there are no plans “to continue with that franchise in any meaningful way.” Red Faction sales have never been AAA competitive, and a recent trans-media effort that branched the property into the downloadable and SyFy movie spaces didn’t yield dramatic results.
Disheartened to lose Red Faction, EGs? Comment below!