The avalanche of Q1 data that has been flying around of late has not exactly gone to plan for many, with THQ posting losses of around $38 million. An investor call this morning revealed that due to relatively poor sales for Red Faction Guerilla and RF: Armageddon, the publisher will not be pursuing a continuation of the Red Faction series. It comes as something of a blow to THQ, considering that the series was one of the few of their IPs that fell under the umbrella of 'transmedia' - making the jump to comics, books and visual entertainment.
'Given that that title, now in two successive versions, has just found a niche, we do not intend to carry forward with that franchise in any meaningful way,' stated CEO Brian Farrell. 'In today's hit-driven, core gaming business, even highly-polished titles with a reasonable following like Red Faction face a bar that continues to move higher and higher. Moving forward, our core game titles must meet a very high quality standard with strong creative and product differentiation, appeal to a broad audience, and be marketed aggressively.'
Moving forward, Volition's staff will be split between finishing off Saints Row: The Third and helping out on Guillermot Del Toro's upcoming horror title inSane. [via Industry Gamers]