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Flagship Loses IPs, Closes

Flagship No Longer Owns Hellgate London (5th Update) on Hellgate Guru has been updated a few times since it was referenced here yesterday (story). One update clarifies that Korean Hellgate distributor HanbitSoft informed them that they do not have any claim to take of ownership of Hellgate: London, but rather it is the IP for Mythos that was used as collateral for a loan they made to Flagship, and that Flagship has turned down their offers of additional loans to keep them afloat. And apparently such loans would have been necessary, as Voodoo Extreme is capping all this news off by reporting that Flagship has lost the rights to the Hellgate and Mythos IPs, has let all of its staff go, and their offices are being closed today. VE reports that HanbitSoft now owns Mythos, while investor Comerica Bank owns Hellgate: London. Their conclusion is that development of both games for Asia is likely to continue, while the future of each for western audiences is unknown at this point.

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6. Re: Woops Jul 12, 2008, 15:31 nin
 

Quick! Someone find me a thread of responses from the people that bought that lifetime subscription deal...I want to see some rage.



------------------------------------------------
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"The Bellic boys! Talking over your town, assholes!"
 
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    Date Subject Author
  1. Jul 12, 14:54 Woops Pumas
  4. Jul 12, 15:20  Re: Woops nin
>> 6. Jul 12, 15:31   Re: Woops nin
  7. Jul 12, 15:35    Re: Woops Frijoles
  10. Jul 12, 16:01    Re: Woops verybad
  11. Jul 12, 16:12     Did they outsource it to China/India Wildone
  12. Jul 12, 16:15      Re: Did they outsource it to China/India Flo
  9. Jul 12, 15:52  Ooo... sinew
  2. Jul 12, 14:55 HAHA! Fausticle
  3. Jul 12, 15:15 No subject your mom
  5. Jul 12, 15:24 ... theyarecomingforyou
  8. Jul 12, 15:43 No subject Bone43
  13. Jul 12, 16:15 No subject dubfanatic
  14. Jul 12, 16:31  Re: No subject Kajetan
  16. Jul 12, 17:06   Re: No subject Lorcin
  17. Jul 12, 17:11    Re: No subject Beamer
  20. Jul 12, 17:21    Re: No subject Overon
  15. Jul 12, 17:04 Confirmation? Ray Marden
  18. Jul 12, 17:12 No subject xXBatmanXx
  19. Jul 12, 17:17  Re: No subject Lorcin
  21. Jul 12, 17:24   Re: No subject xXBatmanXx
  22. Jul 12, 18:03 FLAGSHIT space captain
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  24. Jul 12, 18:10  Re: No subject Narf2029
  25. Jul 12, 19:02 No subject WyldKat
  27. Jul 12, 19:17  Collector's Item? Paranoid Jack
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  31. Jul 12, 21:57 ... theyarecomingforyou
  33. Jul 12, 22:35  Re: ... manic half
  34. Jul 12, 23:02   Re: ... Frosty
  35. Jul 13, 00:01    Re: ... Wallshadows
  48. Jul 13, 09:46     Re: ... CJ_Parker
  32. Jul 12, 22:30 No subject Wallshadows
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  57. Jul 13, 13:27     Re: No subject Fausticle
  58. Jul 13, 13:31      Re: No subject Overon
  59. Jul 13, 13:44       Wait a second......... ColoradoHoudini
  60. Jul 13, 14:01        Re: Wait a second......... JohnnyRotten
  80. Sep 7, 21:09         Re: Wait a second......... Devo_N
  81. Sep 7, 21:19       Re: No subject Devo_N
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  61. Jul 13, 15:12     Re: No subject Slink
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  70. Jul 14, 23:49   Re: No subject Creston
  74. Jul 15, 05:27    Re: No subject Kosumo
  36. Jul 13, 00:04 No subject Trainwreck
  37. Jul 13, 00:39 No subject D4rkKnight
  38. Jul 13, 00:49 Flagshipping to the bitter end JohnnyRotten
  39. Jul 13, 01:29  Re: Flagshipping to the bitter end Overon
  69. Jul 14, 23:40  Re: Flagshipping to the bitter end Creston
  71. Jul 15, 00:00   Re: Flagshipping to the bitter end JohnnyRotten
  73. Jul 15, 05:10   Re: Flagshipping to the bitter end manic half
  77. Jul 17, 19:51    Re: Flagshipping to the bitter end Creston
  78. Jul 17, 20:26     Re: Flagshipping to the bitter end Ray Marden
  40. Jul 13, 03:06 Diablo 3... JohnBirshire
  41. Jul 13, 03:24 No subject baltar
  42. Jul 13, 05:43  Re: No subject Kxmode
  43. Jul 13, 05:55   Re: No subject Kxmode
  44. Jul 13, 06:50 Whatever CreamyBlood
  45. Jul 13, 07:07  Re: Whatever CreamyBlood
  46. Jul 13, 08:57   Re: Whatever Kxmode
  47. Jul 13, 09:40    Re: Whatever CJ_Parker
  49. Jul 13, 10:24 No subject Bone43
  50. Jul 13, 10:32 fanbois peteham
  51. Jul 13, 10:58  Re: fanbois Overon
  64. Jul 13, 16:17 ... theyarecomingforyou
  65. Jul 14, 10:00  Re: ... InBlack
  66. Jul 14, 10:12   Re: ... Undocumented Alien
  67. Jul 14, 21:38 Congratulations Flagship! Ray Marden
  68. Jul 14, 23:21 Wow, that's surprising. Creston
  72. Jul 15, 00:04 Flagtarded... JohnnyRotten
  75. Jul 16, 15:47  Re: Flagtarded... Overon
  76. Jul 17, 00:33   Re: Flagtarded... JohnnyRotten
  79. Jul 17, 21:39    Re: Flagtarded... Overon


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