Interplay Cuts Ties with VU Games
No longer will Interplay rely on Vivendi Universal Games for its distribution. Read on for the full details.
Published: September 27, 2003
Interplay has announced that it has terminated its distribution agreement with Vivendi Universal Games.
"In the interest of our company and its shareholders, we had no choice but to terminate this agreement," said Herve Caen, Interplay Chairman and Chief Executive Officer. "After several notifications to Vivendi of its failure to perform in accordance with the terms of our agreement and in particular, in refusing to pay Interplay certain monies due following our latest release, Lionheart, we still did not receive the payments owed to us. We are currently evaluating several other distribution options. We fully expect to release two of our strongest titles, Baldurs Gate: Dark Alliance 2 and Fallout: Brotherhood of Steel for Xbox and Playstation 2 in the fourth quarter."
Due to these violations, Interplay has also considered taking legal action against Vivendi to recover the payments it believes it is owed, as well as address the claims under the agreement which VU Games failed to perform. It's a dog-eat-dog world out there in the gaming industry, but we'll be sure to keep you updated in the event that this heated dispute turns legal.
"In the interest of our company and its shareholders, we had no choice but to terminate this agreement," said Herve Caen, Interplay Chairman and Chief Executive Officer. "After several notifications to Vivendi of its failure to perform in accordance with the terms of our agreement and in particular, in refusing to pay Interplay certain monies due following our latest release, Lionheart, we still did not receive the payments owed to us. We are currently evaluating several other distribution options. We fully expect to release two of our strongest titles, Baldurs Gate: Dark Alliance 2 and Fallout: Brotherhood of Steel for Xbox and Playstation 2 in the fourth quarter."
Due to these violations, Interplay has also considered taking legal action against Vivendi to recover the payments it believes it is owed, as well as address the claims under the agreement which VU Games failed to perform. It's a dog-eat-dog world out there in the gaming industry, but we'll be sure to keep you updated in the event that this heated dispute turns legal.
