system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: What happened to THQ?

I understand they went bankrupt and just sold all their licenses, properties, assets, etc. But how did a successful studio like THQ that was actively making games end up dissolving?
gpt
A while back THQ invested heavily in a peripheral device called the uDraw tablet. They threw money at it to develop it for some casual games, and it flopped. Hard. They where unable to recoup the lost money and have been on a slope downward every since.