THQ are also reportedly in whole heap of financial problems.

Acquired by THQ in 2009, THQ San Diego was previously Midway Games, with a strong heritage in the fighting genre, having more recently developed WWE All Stars.

The rumour was first reported by Jake Simpson on Twitter.

More on this story as it develops.

THQ have been contacted for comment.

WWE All Stars is coming to the 3DS so you will be able to see you favorite WWE Wrestlers like never before.  The 3DS version of the game will also include two exclusive additions to the experience with the Gauntlet and Score Scramble Modes.   WWE All Stars for the Nintendo 3DS will be available on November 22nd.

Not content with offering just one sliver of DLC, THQ have sent us a whole release schedule of new content for WWE All Stars. The content includes:

The Million Dollar Pack – “The Million Dollar Man” Ted DiBiase and his son, Ted DiBiase

• The Million Dollar Pack is now available for download at a suggested purchase cost of 160 Microsoft Points or £1.99 via PlayStation Network.

R-Truth

• R-Truth is scheduled to be available for download free of charge to all WWE All Stars owners via Xbox LIVE and PlayStation Network on 6^th July, 2011.

The All-Time Greats Pack – Hawk, Animal, Jerry “The King” Lawler and Chris Jericho

• The All-Time Greats Pack is scheduled to be available for download on 6^th July, 2011 for a suggested purchase cost of 320 Microsoft Points or £3.99 via PlayStation Network.

The Southern Charisma Pack – Big Boss Man, Michael Hayes and Mark Henry:

• The Southern Charisma Pack is scheduled to be available for download on 3^rd August, 2011 for a suggested purchase cost of 240 Microsoft Points or £2.99 via PlayStation Network.

Bret ‘The Hitman’ Hart

The game has a few different modes and definitely tries to bring back that good old flashy, over the top  style that wrestling once had.  You can play Exhibition, Xbox Live, Path of Champions, Fantasy Warfare and you can even create your own Superstar.  This feature is pretty damn awesome as you can choose exactly what you look like, choose how you enter the ring, with your song or choose another all stars.  You can choose you clothing, scars, the type of wrestler you are, pretty much everything and it is pretty awesome seeing your own creation come into the ring.  You can be an acrobat, a big man, a brawler or a grappler and all the wrestlers in the game have one of those style so for instance, Bret ‘The Hitman’ Hart is a grappler, where Andre the Giant obviously has the big man style.  These all come into play while wrestling even though the controls seem pretty basic.

It’s fairly easy to jump in and learn the controls, at a glance they are pretty basic.  However they are much more complex when you start to see AI doing four suplexes on you in a row on a hard difficulty.  The controls can be mastered to annihlate another player where they don’t have the option to fight back.  I like to keep is easy though as the game was fun playing through on the simplest difficultly, going through the Fantasy Warfare mode.  In this mode you are basically but up against either a Legend or current Super Star and you get to pick who you want to be each match as you progress through a series of matches.  While doing all this all footage of the wrestlers is shown in between each match hyping you up for it just like a Paperview Event.  It was quite fun I must say, all while you unlock new characters depending on who you pick to play as.  The graphics are also really well done with all the wrestlers likeness being on par even with the older retired Legends.  The moves of each wrestler are exactly what they would do in a real match well, whether it’s the way they enter the ring or their finishing move.

Cena versus The Rock

Things can get a little harder in the Path of Champions mode as you must win ten matches and then finally you end up fighting either the Undertaker, Randy Orton or Tag Team battle against Shawn Michaels and Triple H.  During the matches you can be fighting any of the different types including a Standard Match, Tornado Tag Team (2v2), Steel Cage where you you have to climb out of the cage, Extreme Rules Match where you can pick anything up to beat up your opponent whether it’s a steel chair or the ending round bell and lastly is Elimination which is last man standing wins out of four wrestlers.  You can play all these modes in Exhibition and on Xbox Live too.

Not only can you play all these modes in Exhibition and Online but you also have the choice to play Triple Threat which is a three wrestler free-for-all with the win going to the first to get a pin or a KO.  Then there is Fatal 4 Way which is the same thing as Triple Threat only there are four wrestlers and lastly there is Handicap which is basically 2v1.  Xbox Live can get a little laggy at times but it nothing to bad.  You can have up to four players playing locally and online which is a lot of fun to have a buddy over to tag team with.  The only real issue I had with the game were the counters and reversals, which are done by the bumper buttons.  The bumper button will appear on screen a split second after you need to press it, but when you do pull them off they are quite satisfying.  One other thing is trying to get a hold of the complex controls, you see you could easily win a match using the simple controls that are there for you but when an opponent pulls off a grappling combination that seems like it lasts a life time there is nothing you can do to stop it.

Mach Man Randy Savage

Other than the minor complexity of controls that were implemented in the game, it is a lot of fun.  For those of you who would never think of playing previous wrestling games like Smackdown vs Raw or others, this game might be what you are looking for.  I never thought I could get into a wrestling game and WWE All Stars had me hooked from the beginning, wanting to unlock all the wrestlers and arenas to laying the smackdown with my own created player.  I would have to say that if I could only have one wrestling game in my collection, this would be it.

This game was reviewed on the Xbox 360.

THQ  today announced a playable demo for WWE All Stars is now available for download on Xbox LIVE as well as the PlayStation Network.

“Our playable demo for WWE All Stars will give players a tremendous opportunity to experience an original style of WWE gameplay centered around two incredible talent in Ultimate Warrior and Rey Mysterio,” said Danny Bilson, Executive Vice President, Core Games, THQ. “This videogame is fun, intuitive and very approachable, and we believe our core WWE SmackDown® vs. Raw® fans, WWE enthusiasts and casual followers alike will respond very favorably to this unique and fresh take on the virtual WWE experience.”

Featuring WWE Superstar Rey Mysterio and legendary competitor Ultimate Warrior and in a classic Exhibition match in the All Stars Arena, players will experience the wide range of techniques, strengths and advantages represented by two of the four unique character classes available in WWE All Stars. Competing as a Brawler, Ultimate Warrior will be a master of striking and stringing together powerful combination sequences, including unblockable charged strikes that lead to grapples and juggling opportunities. Brawlers also have an increased range on their strikes, making the class the most balanced to play in WWE All Stars. As an Acrobat, players competing as Rey Mysterio will experience lightning fast, high-flying action. Acrobats can spring off ring ropes to perform attacks, as well as run and jump on turnbuckles in a flash. They will also move faster than their opponents, and their aerial moves will connect with pinpoint accuracy.

WWE All Stars is currently in development for Xbox 360, PlayStation 3 system, PlayStation 2 , PSP and the Wii , with a scheduled release date of March 29, 2011.

All you intrepid WWE fans may want to take note of the new trailer for THQ’s upcoming WWE: All Stars.

The trailer shows off some of the more obscure match types that we’ll see in the full game, and generally demonstrates the more acradey direction the game seems to be taking the series in. If sweaty men in lycra is your thing, then make sure you mark this one in your calenders.

THQ have confirmed that a WWE All Stars demo will launch in the UK on 22^nd March for Xbox 360 and 23^rd March for PS3. The demo will feature Rey Mysterio and The Ultimate Warrior, two characters from the in-game roster, representing 2 of the 4 in-game character classes.

The demo will have the following features (info as provided by THQ):

• Ultimate Warrior is a fierce striker in the ‘Brawler’ class, while Rey Mysterio is a fearless high-flyer from the ‘Acrobat’ class.
• While each class is designed to pick up and play, the Brawler class is very ‘button-mash’ friendly making Ultimate Warrior accessible to casual players.  The Acrobat class is more finesse oriented, making Rey Mysterio a great choice for hardcore fighting fans.
• Additionally Ultimate Warrior speaks directly to our lapsed fans, while Rey Mysterio will also resound with current WWE fans.  WWE All Stars spans across generations, parents will want to play with their kids
• The demo will feature local 2 player multiplayer, but no online multiplayer.  Get in the ring with a friend and have a knock-down drag-out sloberknocker