We don’t really discuss the financial woes of the game industry here at FEARnet—probably because it’s a horror we simply cannot face—but we’ve seen some pretty ugly things happening over the last few months. THQ, publisher of the upcoming Darksiders II, has faced some pretty daunting obstacles, facing possible stock market delisting and a massive restructuring in order to remain profitable. Unfortunately, these dark financial times for the company have claimed a particularly notable victim, as THQ has announced the cancellation of Insane, the promising Lovecraftian horror title from Guillermo del Toro.
According to Joystiq, THQ president Jason Rubin announced that the mysterious game has been cancelled by THQ. “We have decided not to pursue further pre-production on Insane,” was the official statement, the reason being that the fame was considered “outside of our core business.”
It’s not a complete loss, though, as THQ has returned all of the IP rights to del Toro in case he decides to shop the title around to other prospective publishers. Volition, the company that was working on the title, has been completely reassigned to working on yet another entry in the Saint’s Row franchise. It’s times like this that I wish I was independently wealthy, just so we could see what the mad mind of del Toro could bring to the interactive space. Guess we’ll just have to hope that someone else picks up the pieces so we don’t wind up with another bit of heartache like we did with the cancelled film adaptation of At the Mountains of Madness.