THQ, Sony alumni join MTV Games

By Mark Walton, GameSpot UKPosted Jun 29, 2009 8:38 am PT

Scott Guthrie takes executive vice president spot, while David Cox joins as senior VP of sales.

Back in May, THQ reported some of the worst financials the company has ever seen, with revenues slipping 22 percent year-over-year to $830 million (£500 million) as losses soared to $431.1 million (£260 million). That was on top of an earlier $220 million (£132 million) in spending cuts and a 24 percent reduction in staff. More recently the beleaguered publisher announced a restructuring as part of its recovery package, reorganising the company into three business groups: Core Games; Kids, Family, and Casual Games; and Online.

Now, THQ will continue its restructuring efforts without its current executive vice president of publishing. Rock Band publisher MTV Games has announced that Scott Guthrie has been named the company's new executive vice president and general manager, leading the publisher's game management team. He will be joined by David Cox, former senior director of sales and merchandising for Sony Computer Entertainment America, who will take up the role as senior vice president of sales.

Guthrie had been executive vice president at THQ for less than two years, having been promoted to the position back in 2007. He had recently spoken out in support of the ESA's plans to scale up this year's E3, saying, "It is very exciting for the videogame industry to once again have a global platform from which to report on the trends, innovations and exciting new games that are fueling the growth of our market."

Having pledged to devote $500 million (£301 million) toward game development back in 2007, MTV Games has seen great success with its Harmonix partnership and Rock Band. The series shipped more than 10 million copies and is soon to be expanded further with the release of The Beatles: Rock Band, which is due out September 9.

23 Comments

  • Kman8909

    Posted Jul 1, 2009 6:38 am PT

    THQ can't seem to get a break, I wonder how long it will be before the company is swallowed up. Sony probably isn't feeling this one too bad but I could be wrong. I hope both companies manage to make things work.

  • Excedra

    Posted Jul 1, 2009 3:40 am PT

    sales...thats all they care about

  • jmanversion1

    Posted Jun 30, 2009 3:52 pm PT

    Man...i havnt seen anything good from THQ in ages...i couldnt care less about that company..

  • plainpain93

    Posted Jun 30, 2009 10:17 am PT

    dude, i confused...

  • alexkn64

    Posted Jun 30, 2009 8:40 am PT

    MTV should not have a gaming division. They're to gaming as they are to music; as in they no longer play any music on their channel anymore. It's all BS dating reality shows and the music they do play is piss poor like the Jonas Brothers/Miley Cyrus. I cried a little inside when I originally found out MTV had a gaming division.

  • 5sonic

    Posted Jun 30, 2009 7:45 am PT

    BalramRules@Yeah Sony is a million times better (sarcasm)... except in sales. Anyway, no more fanboys. Sucks to be THQ.

  • Kleeyook

    Posted Jun 30, 2009 2:55 am PT

    What was that!?

  • sexyspartan12

    Posted Jun 30, 2009 2:12 am PT

    @BalramRules

    did u knw that blu ray uses a little microsoft tech?
    Anyways. This news aint important.

  • R3v0luti0n

    Posted Jun 29, 2009 5:48 pm PT

    Mark Walton, you tried way too hard with the information.

  • Cheesehead9099

    Posted Jun 29, 2009 5:28 pm PT

    what was that about

  • gnbfd

    Posted Jun 29, 2009 5:11 pm PT

    ummm... ok. Not really interesting but still important I guess
    anyway RB2 ftw!

  • Zathic

    Posted Jun 29, 2009 4:51 pm PT

    I feel stupid, what did I just read?

  • brendanhunt1

    Posted Jun 29, 2009 2:01 pm PT

    ???

  • kavadias1981

    Posted Jun 29, 2009 1:37 pm PT

    I know it is gaming news so we should expect it but reading about the restructuring in a company doesn't really interest me. It is the games and consoles that do that.

  • D4NZEL-709

    Posted Jun 29, 2009 12:55 pm PT

    I wonder if they are going to make a new kinda singstar GH

  • DarkProwl

    Posted Jun 29, 2009 12:27 pm PT

    MTV Games doesn't own anything. It's just got two new staff members, one from THQ and one from Sony.

  • da_illest101

    Posted Jun 29, 2009 12:08 pm PT

    i don't get it, can someone explain it plz

  • emacdaddy08

    Posted Jun 29, 2009 11:56 am PT

    this isn't good.

  • mariokart64fan

    Posted Jun 29, 2009 11:43 am PT

    so sony owns thq ,, or mtv owns sony and thq lol ,

  • BalramRules

    Posted Jun 29, 2009 11:36 am PT

    Is THQ owned by Sony or what?
    I really doubt it, but at the end Sony's MILLIONS OF TIMES BETTER THAN Microsoft!

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