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General: Interplay Suffering Financial Woes

SBFordSBFord Former Associate EditorMember LegendaryPosts: 33,126

Looking forward to Fallout Online? If so, the latest SEC filing by Interplay may shed some light on just how long that wait could be. In the filing, Interplay is in deep financial straits with over $2.8 million in operating deficits in past year, compensation owed to board members, unpaid taxes and more.

The publisher's financial status puts future releases in jeopardy, most notably an embattled Fallout MMO, the rights to which Interplay licensed from Bethesda Softworks.

"We currently have some obligations that we are unable to meet without generating additional income or raising additional capital," the company warned stockholders. "If we cannot generate additional income or raise additional capital in the near future, we may become insolvent and/or be made bankrupt and/or may become illiquid or worthless."

Read more at Gamasutra.

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¯\_(ツ)_/¯ 


Comments

  • Wharg0ulWharg0ul Member Posts: 4,183

    sooooooo.....if I remember right, if Interplay can't come up with a Fallout Online by a certain deadline....the rights go to Bethesda??

    Might not be the worst thing in teh world, honestly. At leas then the game would actually be made sometime in my lifetime.

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  • cerebrixcerebrix Member UncommonPosts: 566

    as someone posted on the nma forums.  this report is almost identical to the report they filed last year.

     

    and another note from myself.  it shouldnt surprise anyone considering interplay has never made money under herve caen.  who was also ceo when they went under the first time and couldnt pay their rent in irvine or pay employees (the state of california had to step in to make sure employees were getting paid).

    Games i'm playing right now...
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  • GuintuGuintu Member UncommonPosts: 318

    I bet the big wigs take huge salaries that take a big bite out their profits. 

  • OmaliOmali MMO Business CorrespondentMember UncommonPosts: 1,171

    Interplay has been suffering from financial woes for the better part of a decade now.

    Check out my monthly column on MMORPG.com.

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  • TheCrow2kTheCrow2k Member Posts: 953

    The way everything has gone thus far it seems like Interplay signed over all rights to Fallout to bethesda. Then a couple years later when Bethesda had revived the Fallout IP and increased its following a lot Interplay then decided they wanted the rights to the MMO which they didnt actually have and its gone from there with Interplay losing legal ground ever since.

    Interplay havent produced anything much decent in a long time, Its probably best if the Fallout rights were clearly in Bethesda's hands.

  • AzureProwerAzurePrower Member UncommonPosts: 1,550

    That explains why the Descent and Descent freespace series have disappeared since the break of the millennium.

  • OmaliOmali MMO Business CorrespondentMember UncommonPosts: 1,171

    Originally posted by TheCrow2k

    The way everything has gone thus far it seems like Interplay signed over all rights to Fallout to bethesda. Then a couple years later when Bethesda had revived the Fallout IP and increased its following a lot Interplay then decided they wanted the rights to the MMO which they didnt actually have and its gone from there with Interplay losing legal ground ever since.

    Interplay havent produced anything much decent in a long time, Its probably best if the Fallout rights were clearly in Bethesda's hands.

    Actually Interplay sold the rights to Fallout to Bethesda with the explicit notation that interplay would keep the rights to the Fallout MMO, Bethesda has not challenged this. The terms of the contract, however, was that Interplay would be in full production of a Fallout MMO by April 2009, and when September came around and they still didn't have much to show, Bethesda launched the lawsuit that Interplay breached the contract and that Bethesda should receive the MMO rights as stated in the contract.

    Essentially the outcome of the lawsuit will come down to specifics, mainly whether or not Interplay is putting enough work into Project V13 to fulfill the terms of their agreement. Of course this won't matter if Interplay goes bankrupt and is forced to sell the Fallout MMO (which will be to Bethesda). 

    In court filings last year, Interplay stated their claim that Bethesda had no intent on going along with the terms of the contract and was seeking to prevent Interplay from being able to finish the game (I'm guessing by bankrupting them through court), and is in blatant breach of the contract. If Interplay can prove interference by Bethesda, than they can make a claim of bad faith and the contract will have been annulled, giving full rights to the Fallout universe back to Interplay, meaning Bethesda will owe retroactive royalties on Fallout 3 and New Vegas.

    We can go back and forth about which company is better suited to make a Fallout MMO, but this case will run down to what either company can prove/disprove in court. Bethesda says Interplay wasn't doing their job, and Interplay says Bethesda is preventing them from doing their job.

    Check out my monthly column on MMORPG.com.

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  • AndarreusAndarreus Member UncommonPosts: 33

    My question is even if Bethesda got the rights to a Fallout MMO would they make it?   I've yet to even hear of a rumor that they are interested in doing any MMO type game.   I personally think they would be a good candidate to make an MMO in general because they make good game and use FPS type combat.  I for one am tired of seeing every major MMO copy WOW's combat since it's pretty boring and repetitive. 

    As for Interplay I will always have fond memories of the original Fallout games since they help solidify my pashion for gaming but they have been a nonfactor in the industry so long I don't see how they'd have the money to make a decent MMO.  Their only option would be to go with a big publisher but that usually doesn't work out very well for companies and I'm not sure anyone would be interested in them. 

  • Xondar123Xondar123 Member CommonPosts: 2,543



    Originally posted by arustyrobot





    My question is even if Bethesda got the rights to a Fallout MMO would they make it?   I've yet to even hear of a rumor that they are interested in doing any MMO type game.   I personally think they would be a good candidate to make an MMO in general because they make good game and use FPS type combat.  I for one am tired of seeing every major MMO copy WOW's combat since it's pretty boring and repetitive.

    Zenimax, the company that owns Bethesda, recently opened an MMO studio. The rumours are that they want to make a Fallout MMO.


  • SabrelSabrel Member UncommonPosts: 41

    The way things have been going for them the last few years, saying Interplay is broke is like saying the sky is blue. It's just sort of assumed. When they finally stop clinging to life like some corporate zombie (or by some miracle actually STOP being broke), that will be news.

    This is just business as usual.

  • OrthelianOrthelian Member UncommonPosts: 1,030

    Thanks, Sabrel. I was losing my mind by seeming to be the only one thinking, ‘Hasn't Interplay, along with Atari, been on the brink of bankruptcy for the better part of a decade?’

    EDIT: Of course, now I see that Omali used almost those exact words. Hmph.

    Favorites: EQEVETOR | Playing: No MMOs since 2014. Mostly VR and strategy | Anticipating: CUPantheon
  • BigCountryBigCountry Member Posts: 478

    Just roll out something with full blown open PvP, full looting, and territory control and the money will come......trust me.

     

    We do not need quests or grindstone content. Make it simple. Make it old school.

    BigCountry | Head Hunters | www.wefarmpeople.com

  • psyfighterpsyfighter Member Posts: 50

    i remenber  ClayFighter 63? lol not a bad game welcome to my nightmare or get them little buddy get get get lhem little buddy good times good times.

  • RobsolfRobsolf Member RarePosts: 4,597

    Originally posted by TheCrow2k

    Interplay havent produced anything much decent in a long time, Its probably best if the Fallout rights were clearly in Bethesda's hands.

    It's too bad, cuz for a while there(the 90's), they were putting out some AMAZING stuff.  After about 2002, they seem to have fallen off the planet.

  • KillyoxKillyox Member CommonPosts: 424

    Nothing new. I pretty much expected that from the start. I would like tho for the Fallout rights to go to obsidian instead of bethesda.

  • beauxajbeauxaj Member Posts: 245

    Originally posted by BigCountry



    Just roll out something with full blown open PvP, full looting, and territory control and the money will come......trust me.



     



    We do not need quests or grindstone content. Make it simple. Make it old school.


     

    Hey, that sounds exactly like Darkfall.  Join Now! Beat the rush!

  • MaphusioMaphusio Member Posts: 104
    My two cents... Good riddens to bad rubbish, hope Herve burns in the financial hell he created, I know those that worked for him have suffered enough.

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  • sosdavisosdavi Member UncommonPosts: 2

    ROCK and ROLL Racing!!! the best!!!

  • MagicManICTMagicManICT Member UncommonPosts: 92

    Originally posted by Robsolf



    Originally posted by TheCrow2k



    Interplay havent produced anything much decent in a long time, Its probably best if the Fallout rights were clearly in Bethesda's hands.

    It's too bad, cuz for a while there(the 90's), they were putting out some AMAZING stuff.  After about 2002, they seem to have fallen off the planet.


     

    One name: Brian Fargo--the brains behind the whole operation.

  • RobsolfRobsolf Member RarePosts: 4,597

    Originally posted by MagicManICT



    Originally posted by Robsolf








    Originally posted by TheCrow2k









    Interplay havent produced anything much decent in a long time, Its probably best if the Fallout rights were clearly in Bethesda's hands.

    It's too bad, cuz for a while there(the 90's), they were putting out some AMAZING stuff.  After about 2002, they seem to have fallen off the planet.






     

    One name: Brian Fargo--the brains behind the whole operation.

    Crazy!  I remember the name from the credits in the Fallout series!  And looking at the Wiki, he disappeared at exactly the same time Interplay's record of "meh-ness" appeared. 

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