There is only one source for these rumours, Kevin Dent, a ‘ten year veteran from the digital video games industry’.
According to Kevin THQ has stopped work on the Disney license, cancelled all of their 2014 line up (including its Warhammer 40K MMO) and offered the sale of the business to Asian firms.
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Just before Christmas THQ lost thirty staff after uDraw failed to perform on the PS3 and Xbox 360, however Saints Row The Third was the ninth best-selling game in the UK last year.
This year THQ have Darksiders II, Metro: The Last Light and UFC3 scheduled for release.
As always these rumours should be treated with a vat load of salt.