With its stock down 83 percent in nine months, the game-maker seeks ways to cut costs.

“Merlin” returns for the fifth and final season on Syfy with 13 all-new episodes beginning Friday, January 4 at 10PM.

Nickelodeon celebrates 2013 with “SpongeBob SquarePants” marathon; brand-new episode, “Squid’s Defense: Karate Pants,” premieres at 7:00 p.m. (ET/PT).

Video game developer THQ files for bankruptcy, with assets to be acquired by private equity firm Clearlake Capital Group.

Zoic Studios creates an attract opening cinematic for “PlayStation All-Stars Battle Royale.”

The Museum of Modern Art acquires a selection of 14 video games for a new category of artworks in MoMA’s collection.

Nickelodeon launches “Scribble Hero,” an arcade-style action game available for download on iOS devices.

Rainbow announces a strategic game deal with Tsumanga Studios, with the first title based on global kids brand “Winx Club.”

Silver Dolphin Books launches kids’ app publishing business and acquires app publishing rights to evergreen brands Little Critter and Richard Scarry.

Entertainment advertising agency The Ant Farm announces the appointment of Doug Brandt to Chief Executive Officer/Creative Director.