THQ President Jason Rubin just announced that the company has canceled Insane, the first game in a planned trilogy from director Guillermo Del Toro and developer Volition. “We have decided not to pursue further pre-production on Insane, and have returned all of our IP rights to Guillermo Del Toro,” Rubin said.
Insane was first announced during the 2010 Spike TV Video Game Awards, so the game was in development for at least two years before getting the axe. With Del Toro retaining the IP rights to the game, he would legally be able to take the PC, PS3, and Xbox 360 title to other publishers if he wanted to. However, it’s likely that Volition’s contirbution to the project would stay with the publisher.
THQ never talked about Insane much after that day, but Del Toro described it as a “Lovecraftian Thing” to the MTV Multiplayer Blog before the announcement.