THQ cancels 2014 lineup

It looks like THQ might have cancelled their 2014 video game lineup and could be offering itself up for sale.

News from the twitterverse is traveling fast. The rumor is circulating that popular video game developer and publisher, THQ, has cancelled all projects set to release in 2014 and will be on sale very soon.

First reported by Peter Skerritt, industry observer and analyst, on his twitter page, Skerritt went onto to explain until THQ officially announces it, it is only rumor at this point. However, it is a feasible rumor. THQ didn't meet revenue projections recently due to poor Udraw sales, which lowered their stock significantly.

GameZone will keep you updated on the latest information on THQ's status. [Twitter]