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Darksiders II "struggling" to hit 2 million break-even point

Darksiders II "struggling" to hit 2 million break-even point

Tue 30 Oct 2012 6:26pm GMT / 2:26pm EDT / 11:26am PDT
Retail

Michael Pachter estimates that it's sold barely over a million units thus far

THQ's Darksiders II was a top-seller in the US during August, but according to NPD it only sold 247,000 units. At the time, Wedbush analyst Michael Pachter said that total sales are "probably over 1 million" and if his estimates are to be believed, the game hasn't really had many sales since then. In a new note to investors, he said the title has been struggling.

"August release Darksiders II has sold an estimated 1 million units to date, and appears to be struggling to approach its 2 million units break-even threshold," he said.

That's bad news for a newly restructured THQ, which, under Jason Rubin's leadership, is trying to recreate itself as a more streamlined business, focusing on fewer, higher quality core games.

"Darksiders II's performance and a history of game delays and cancellations leaves us skeptical that THQ can successfully execute its turnaround strategy, which centers on a streamlined release slate," Pachter added. "If any of THQ's Q4:13 releases are late, liquidity is likely to be tight by next summer unless either Homefront 2 or the Patrice Désilets game are released by then."

It's worth noting that THQ was back in the black during its first fiscal quarter. Second quarter earnings will be reported on November 5.

12 Comments

Rick Lopez
Illustrator, Graphic Designer

1,269 941 0.7
I really wish the best for THQ. Really hope they can get out of this mess.

Posted:A year ago

#1

Morville O'Driscoll
Games Blogger & Journalist

1,511 1,284 0.8
Well, let's see...

Mid August release date (mid October for Japan). So that's, what? 10 weeks it's been out? The WiiU version is out mid-November/early-December. Once again, the industry has to stop focussing on short-term sales as opposed to long-tail sales. Both are equally valuable.

Posted:A year ago

#2

Caleb Hale
Journalist

152 222 1.5
Darksiders II is a pretty good game, the kind of 3D adventure-style title you don't see much anymore. Hopefully, it finds an audience on the Wii U. It's a strong addition to the launch lineup.

Posted:A year ago

#3

Stephan Schwabe
Multichannelmanagement

74 34 0.5
I ill buy it on WiiU, like many others i know...

Posted:A year ago

#4

Richard Browne
EVP Gaming and Interactive

96 108 1.1
Morville - there is no long term tail any more, there's churn at Gamestop. Darksiders II alas was always likely to be a prime candidate for it due to its single player nature. There are enough copies in circulation now there's no demand for it new.

Posted:A year ago

#5

Morville O'Driscoll
Games Blogger & Journalist

1,511 1,284 0.8
Except on PC, where it's a Steamworks game, which means anyone who wants it on PC has to buy it new.

(Not debating what the gist of what you're saying, just pointing out it's not entirely accurate. :) )

Edited 1 times. Last edit by Morville O'Driscoll on 31st October 2012 4:14pm

Posted:A year ago

#6

Richard Browne
EVP Gaming and Interactive

96 108 1.1
Indeed, but does anybody consider Darksiders a PC game?

Posted:A year ago

#7

Greg Wilcox
Creator, Destroy All Fanboys!

2,150 1,063 0.5
@Richard: Yes. Those PC die-hards who hold out for "perfection" in visuals who passed up the console versions. That's not me, but for every AAA console title there are the usual "Hmph, I'll wait for the PC version because consoles suck" folks who seem to think resolution and fiddling means you get a better experience all the time.

Posted:A year ago

#8

Morville O'Driscoll
Games Blogger & Journalist

1,511 1,284 0.8
Or there's the people who just... don't have a console. And, y'know, game on their PC. Crazy I know, but I'm almost one of them. Got a PS3 around for the exclusives, but, unless it's a party or social game, I buy multi-platform releases on the PC. Because, for all the sarcasm that drips from Greg's comment ( :p ), titles are usually more refined on the PC, and, hey, if you're paying money for a game, go for the one with the most options and best graphics.

Posted:A year ago

#9

Nuttachai Tipprasert
Programmer

79 60 0.8
It's available on PC, why can't it be considered as PC game? Many people I know play this game on PC, because, they don't own any console. What's the difference between console and PC game, anyway? Why we need to have this kind of discrimination in the first place?

Posted:A year ago

#10

Greg Wilcox
Creator, Destroy All Fanboys!

2,150 1,063 0.5
@Morville: Hey now! My sarcasm is one coat, no-drip stuff. And there are a small handful of PC gamers who are that biased. They usually post/boast their beefy system stats in their signatures on message boards like it's a photo of a hot rod or some Playboy bunny they raised in the back yard...

Posted:A year ago

#11

Richard Browne
EVP Gaming and Interactive

96 108 1.1
Apologies, my point was not one of discrimination, just one of a sales reality. Darksiders exists on the PC because it's relatively easy to port the 360 version across, in terms of lifetime sales the expectations of the PC game are far below the console numbers at which the game is targeted and marketed. Sadly the numbers for those platforms don't seem to be stellar, it's a great game but the used churn just burns games like these.

Posted:A year ago

#12

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