Interplay Sells Fallout IP to Bethesda

Post by **King of Creation** » Thu Apr 12, 2007 10:18 pm

[ Company -> Update ] - News related to <a href="http://www.duckandcover.cx/archives.php ... ry=16">Top Story: INTERPLAY SELLS FALLOUT IP</a> | More info on <a href="#Bethesda Softworks">Company: Bethesda Softworks</a> | More info on <a href="#Interplay">Company: Interplay</a>

<a href="http://www.sec.gov/Archives/edgar/data/ ... 000324.txt" target="_self">Shocking!</a><blockquote>As of April 4, 2007, the Company entered into, an Asset Purchase
Agreement (the "APA") and a Trademark License Agreement (the "License
Back") with Bethesda Softworks LLC, a video game developer and
publisher ("Bethesda"), regarding "FALLOUT", an intellectual property
which was owned by the Company (the "IP"). Although such agreements
were signed on April 4, 2007 they were agreed not to be binding until
closing which occurred on April 9, 2007.


Under the APA, the Company sold all of its rights to the IP to Bethesda
for a total amount of $5,750,000.00 payable to the Company, subject to
various conditions, in three cash installments. The first installment
of $2,000,000.00 was paid following closing when $200,000.00 was paid
to the Company and $1,800,000.00 was deposited into an escrow account
to satisfy various liabilities. The Company expects to have fulfilled
its obligations under the APA and to receive full payment during the
third quarter of 2007. The Company had previously, on June 29, 2004,
entered into, an exclusive licensing agreement with Bethesda, regarding
the IP which was superseded by the APA.


Under the License Back the Company obtained an exclusive license, under
certain conditions, to use the IP for the purpose of developing an
Interplay branded Fallout Massively Multiplayer Online Game ("MMOG").</blockquote>
That's quite a large chunk of money. Hopefully Fallout 3 will turn out to be amazing, and the series will have a prosperous life at its new home. If FO3 turns out to be bad, at least we can still look forward to FOOL :-p.Thanks to Briosafreak and <a href="http://fallout3.wordpress.com/" target="_self">his blog</a> for the heads up!

PsychoSniper · Post by **PsychoSniper** » Thu Apr 12, 2007 10:25 pm

Its gona be funny when FOOL comes out.

Herve will waste all that money on it.

Hopefully all of the former Interplay employees owed back pay will carve up that 5mil

Mr. Teatime · Post by **Mr. Teatime** » Thu Apr 12, 2007 10:29 pm

i dunno what this changes, bethsoft could develop fallout 3, 4 and 5 before... now they can do 6 and 7 as well

what worries me is interplay has gotten a cash injection, enough to possibly put out a crappy fallout mmo

Mr. Teatime · Post by **Mr. Teatime** » Thu Apr 12, 2007 10:33 pm

2.3 MMOG DEVELOPMENT. To retain its license rights under this
Agreement, Interplay agrees that (i) full-scale development of its FALLOUT MMOG
will commence within twenty-four (24) months of the Effective Date of this
Agreement (such commencement date defined herein as the "MMOG DEVELOPMENT
COMMENCEMENT DATE") and (ii) by the MMOG Development Commencement Date,
Interplay will have secured financing for the FALLOUT MMOG in an amount no less
than US$30,000,000.00 ("MINIMUM Financing"). In the event that within this
24-month period Interplay has failed to commence full-scale development of its
FALLOUT MMOG or has failed to secure the Minimum Financing, Interplay will
immediately lose and permanently forfeit its license rights under this Agreement
and the license rights automatically shall end, be void and otherwise terminate
on the anniversary date of the second year after the Effective Date and this
Agreement shall no longer remain in effect.

S4ur0n27 · Post by **S4ur0n27** » Thu Apr 12, 2007 10:46 pm

Mr. Teatime wrote: Interplay will
immediately lose and permanently forfeit its license rights under this Agreement
and the license rights automatically shall end, be void and otherwise terminate
on the anniversary date of the second year after the Effective Date and this
Agreement shall no longer remain in effect.

That's all we can hope for, now

Urizen · Post by **Urizen** » Thu Apr 12, 2007 10:47 pm

cock beat me to it, god dang it

Dreadnought · Post by **Dreadnought** » Thu Apr 12, 2007 11:06 pm

Friday the 13th... indeed... a confusing day on our calendar.

S4ur0n27 · Post by **S4ur0n27** » Fri Apr 13, 2007 12:21 am

WE'RE STILL THE 12, BITCH

Cimmerian Nights · Post by **Cimmerian Nights** » Fri Apr 13, 2007 12:35 am

Michael Corleone wrote:F(red)O, you're nothing to me now. You're not a brother, you're not a friend. I don't want to know you or what you do. I don't want to see you at the hotels, I don't want you near my house. When you see our mother, I want to know a day in advance, so I won't be there. You understand?

:kiss of death:

Post by **King of Creation** » Fri Apr 13, 2007 12:46 am

S4ur0n27 wrote:WE'RE STILL THE 12, BITCH

I know...what kind of futureland do you live in that it's already the 13th? FREAK

Dreadnought · Post by **Dreadnought** » Fri Apr 13, 2007 12:51 am

Aus-fucking-tray-lee-uh!

Edit:

Futureland lol.

Edit 2:

Tomorrowmorrowland.

Cimmerian Nights · Post by **Cimmerian Nights** » Fri Apr 13, 2007 2:00 am

Where the men are men and the sheep are scared.

Dreadnought · Post by **Dreadnought** » Fri Apr 13, 2007 2:20 am

Cimmerian Nights wrote:Where the men are men and the sheep are scared.

Tarnopol · Post by **Tarnopol** » Fri Apr 13, 2007 2:32 am

PsychoSniper · Post by **PsychoSniper** » Fri Apr 13, 2007 3:37 am

Tarnopol wrote:

Theyre raping the corpse of FO

Dreadnought · Post by **Dreadnought** » Fri Apr 13, 2007 3:42 am

PsychoSniper wrote:
Tarnopol wrote:
Theyre raping the corpse of FO

No, they're going for a walk with their dog.

PsychoSniper · Post by **PsychoSniper** » Fri Apr 13, 2007 4:55 am

BTW, good pic tarnpool

Splatterpope · Post by **Splatterpope** » Fri Apr 13, 2007 8:15 am

This saddens me.

DaC-Sniper · Post by **DaC-Sniper** » Fri Apr 13, 2007 9:00 am

Lets get drunk.

Fallout 3 4 5 6 7 8 9 10, ... Final Fantasy finally got competition.

frissy · Post by **frissy** » Fri Apr 13, 2007 9:20 am

Cimmerian Nights wrote:Where the men are men and the sheep are scared.

Basically this changes nothing, well perhaps this might be a good thing. If Herve somehow (can't see how) would get his FOOL into some phase. Beth would check and give him a green light or not. They are bigger, they are better (at the moment, but are they really "better" is another matter) and thus, why in the hell would they give a permission of something that would probably be crappier than anything they can come up with and would 100% surely make the brand weaker/crappier.

Herve or Beth, hell I choose Beth. Shame the choosing ends there.