Flagship Loses IPs, Closes

[Jul 12, 2008, 2:47 pm ET] - Share - Viewing Comments

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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56.

Re: No subject

Jul 13, 2008, 13:14

wtf_man

Wow. We're all good little indoctrinated socialists, aren't we? Flinging around the word "Corporate" as though ALL Corporations are "Evil and Greedy" is just plain nonsense. Are their "Evil and greedy" companies? Sure. And Flagship falls into that category via their ridiculous pricing scheme. A model that thankfully failed. But remember... a LOT of these "Corporations" (And privately held companies) provide YOU with a JOB. The Next time your "Professor from a University" or your "Typical Main Stream Media Journalist" get's on his / her political soap box, please remind them of that fact. Tim Robbins: Let me explain to you how this works. You see, the corporations finance Team America. And then Team America goes out and the corporations sit there in their, in their corporation buildings and, and and see that's, they're all corporationy, and they make money. Mhm. Team America: World Police

		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
	23.	Jul 12, 18:05	No subject	space captain
	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
	26.	Jul 12, 19:13	No subject	Hump
	28.	Jul 12, 21:05	Re: No subject	Beamer
	29.	Jul 12, 21:10	No subject	loomy
	30.	Jul 12, 21:14	Re: No subject	wtf_man
	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
	52.	Jul 13, 12:26	Re: No subject	Yukkione
	53.	Jul 13, 12:33	Re: No subject	space captain
	54.	Jul 13, 12:40	Re: No subject	Kajetan
	55.	Jul 13, 12:45	Re: No subject	nin
>>	56.	Jul 13, 13:14	Re: No subject	wtf_man
	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
	82.	Sep 7, 21:21	Re: No subject	Devo_N
	61.	Jul 13, 15:12	Re: No subject	Slink
	62.	Jul 13, 15:52	Re: No subject	Stanly Manly
	63.	Jul 13, 16:05	Re: No subject	Beamer
	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