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Q: What are THQ's plans for E3? Will the company have any big product debuts there?
This year's going to be about next-gen [generation] hardware. We will be showing the first of our next-gen products. We've been talking about how aggressive THQ intends to be next gen. We see next gen as a time when the deck gets reshuffled. People can change places. If you look at the hardware guys, traditionally, whoever dominated the last gen doesn't necessarily dominate next gen. The same is true for software.
It really begins and ends with our studios. We bought Relic Studios right around E3 time last year. We will be showing a product that they're working on for next gen that we think is going to get a lot of buzz around E3. Volition [is the] studio responsible for Red Faction. We'll be showing a brand new product that showcases what we think is the next-gen hook, which we think is the ability to create an open-world environment -- a truly living, breathing open world with very interactive artificial intelligence.
Q: How is THQ positioned differently for this console transition compared with the last one?
At the beginning of the last cycle, we had one studio with a couple of teams and 50 to 60 people. Now we have 10 studios, really all over the world, approaching a thousand people. So our capabilities -- we're just a different company now than we were five years ago.
Q: The conventional wisdom is that publishers are going to be a lot more cautious this time around -- particularly with the next iteration of Microsoft's Xbox -- because they got burned last time when it didn't sell well initially, and overall console sales didn't take off as fast as expected. What's your take?
If you look at the dynamics of the last Xbox vs. this one, it's very, very different. The last Xbox was out a year after Sony. And Microsoft was doing it for the first time. Now we have a different dynamic. Microsoft has learned a lot over the last five years; they're being very aggressive in terms of developer support.
We think there's a real opportunity, not just on Microsoft, but on Sony. It's a different story this time: This is a seasoned Microsoft going after a Sony that really needs this business to succeed. That's what excites us. So, to answer your question directly, we are not being more cautious. We are being very aggressive. We see a huge opportunity on next gen, and we want to invest in the tools and technologies so that we can be a leader over the next gen.