THQ is trying to do everything it can to keep afloat. It has already narrowed its focus to several core games and reduced staff, and now a canceled game can be added to the list. THQ president Jason Rubin announced that Guillermo del Toro's inSANE has been canceled and will return the rights to the director. The announcement came during THQ's first quarter fiscal 2013 earnings call, with Rubin saying all pre-production on the game has ceased and del Toro will get its rights back. Del Toro, director of Hellboy and Pan's Labyrinth, should now be free to find another studio to create his game, and hopefully we will finally be able to experience the horror title.
InSANE was originally announced back in 2010 as a trilogy, with Red Faction and Saints Row developer Volition attached to the project. There was no news after the announcement however, up until the cancellation of inSANE. It is sad to see this happen, but perhaps it will help THQ try to right the ship. As for del Toro, I imagine he will not have to talk to too many studios to get his game realized.