THQ has announced that its standalone expansion Saints Row: The Third – Enter the Dominatrix is no more. The disc-based add-on had been planned for a September release, but will now be folded into the “The Next Great Sequel in the Saints Row Franchise”. That's due out next year.

New president Jason Rubin explained the move:

I asked the team what it could achieve given more time, more resources, and a broader scope for the project. We all agreed we wanted to play that game. We believe the potential for this sequel is far greater as a full-priced, full-length, high quality, connected experience.

The change is expected to create a $20 million reduction in revenue for the troubled publisher by the end of the next fiscal year in March. We presume the hope is that the fleshed out sequel will help to prop up the company's finances heading into 2014 instead.

[source investor.thq.com]