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22. Re: Bethesda & Interplay Fallout Settlement Nears? Dec 29, 2011, 15:48 Krovven
 
Dev wrote on Dec 29, 2011, 15:37:
No, he was the one that drove the company into the ground in the first place. He's sticking around to milk every last dollar from its corpse.

Interplay went public, with shares sold on the NASDAQ Stock Exchange, in 1998, changing its name to "Interplay Entertainment Corp." The company then reported several years of losses, as titles such as Descent 3 and FreeSpace 2 had lackluster sales[citation needed], despite being critically acclaimed.

In 2001, French publisher Titus Interactive completed its acquisition of majority control of Interplay. Immediately afterwards, they shed most of its publisher functions and signed a long-term agreement by which Vivendi Universal would publish Interplay's games. Founder Brian Fargo eventually departed as Titus had changed Interplay's main focus from PC Gaming to Console Gaming.[7] However, Titus went through financial and legal difficulties, culminating in a close of business in 2005 after unsuccessfully trying to sell Interplay. Titus left many of its employees, both local and the international wholly owned developers, without redundancy or owed back-pay, and left creditors with large debts.

Note: As I already said, Interplay was done when it was "taken over" in 2002. They didn't have money to continue operations when Titus took over.

Im not going to keep arguing this as people have been arguing with me about it for 2+ years every time there is a story about this. Courts keep ruling in favor of Interplay, not Bethesda. I know Im in the minority when it comes to disliking Bethesda and their games, so nothing new there.


 
 
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