The title summarizes it pretty nicely, but here is a news post on IGN.com about the dissolution of THQ.
As someone who's getting laid off myself in mid-April from a job I've had since November of 2000, I sympathize with all those who've lost their jobs. But at least many of THQ's popular franchises and upcoming exciting projects will be continued by other companies, some of them even with the same people working on them.
"I'm sorry, I'm not much of a hugger." "Not yet you're not." --Randy Orton and Daniel Bryan, SmackDown 1/18/13
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Co-Winner of Time's Person of the Year Award, 2006
This is unfortunate for those that are losing their jobs, and THQ hand many people laid off even before this, but this could be good for the WWE franchise right?
Some big changes are needed to the franchise and while it probably has more to do with Yuke's developing it than THQ publishing, I would assume that a new developer means that a new publisher is likely? In fact, the studios that sound interested (EA and Take 2) are big enough to develop WWE in-house aren't they?