'Fallout' IP Goes To Bethesda Softworks
Interplay Remains Committed to 'Fallout' MMO, Bethesda Gets 12 Percent
http://www.sec.gov/Archives/edgar/data/1057232/000117091807000324/0001170918-07-000324.txt
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According to this SEC filing Bethseda Softworks and Interplay have switched licensing position for their upcoming titles based in the Fallout universe. The filing details a transaction between the two companies with Bethesda outright purchasing the rights to the Fallout franchise for a reported $5.75 million.
Previously Interplay held onto the rights so they could try and make a Fallout MMO and were licensing the use of the franchise to Bethesda for Fallout 3. The new deal now makes Bethesda the sole owner of the Fallout IP.
The deal does come with some stipulations. First off, Interplay must start working on their MMO and secure funding of 30 million dollars within two years. In addition, the untitled and technically still unannounced, MMO must launch within four years after development begins or Interplay will lose the rights to the license. The sale of the license to Interplay will garner Bethesda 12 percent of sales and subscriptions fees from the upcoming MMO. Finalization of the deal is expected to happen in Q3 2007.
Seems that the Fallout MMO is on track for the projected 2010 release date with the absolute latest launch being April 13, 2013 if you do a little math!
Previously Interplay held onto the rights so they could try and make a Fallout MMO and were licensing the use of the franchise to Bethesda for Fallout 3. The new deal now makes Bethesda the sole owner of the Fallout IP.
The deal does come with some stipulations. First off, Interplay must start working on their MMO and secure funding of 30 million dollars within two years. In addition, the untitled and technically still unannounced, MMO must launch within four years after development begins or Interplay will lose the rights to the license. The sale of the license to Interplay will garner Bethesda 12 percent of sales and subscriptions fees from the upcoming MMO. Finalization of the deal is expected to happen in Q3 2007.
Seems that the Fallout MMO is on track for the projected 2010 release date with the absolute latest launch being April 13, 2013 if you do a little math!
