150°
Submitted by killyourfm 1587d ago | news

40,000 SouthPeak Games Seized By UK Court

Ex: The bitter struggle between game publisher SouthPeak (Two Worlds II, TNA iMPACT!) and distribution partner CDV has taken many unexpected turns, but today the outlook for SouthPeak begins to look especially grim.

Let's get everyone caught up first. Try to follow along as it's a bit messy. (Industry, Nintendo DS, PS3, PSP, Sacred 2: Fallen Angel, SouthPeak, SouthPeak Interactive, TNA iMPACT! Cross the Line, Two Worlds II, Xbox 360)

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Queasy  +   1587d ago
That's alot of crappy games.
killyourfm  +   1587d ago
and for a huge publisher, not a big deal. But for a publisher who didn't even clear $200k in Q3, pretty devastating.
Queasy  +   1587d ago
Yeah, they were barely in business as it was.
Neco512  +   1587d ago
Ah, stop hatin. Dementium II was actually really good. So was...um...hmmm....
Spenok  +   1587d ago
You forgot the first Dementium lol.
cgoodno  +   1587d ago
That's also a lot of people who might be unemployed soon... and after all that work on making up for Two Worlds with the sequel...
killyourfm  +   1587d ago
Agreed, the sequel does honestly look pretty awesome.
Spenok  +   1587d ago
It does. Lets hope it at least gets released. It looks to be something at least worth playing.
shadowdancer  +   1587d ago
This company has consistently put out crap.
killyourfm  +   1587d ago
Well, there's still real people involved who probably stand to lose a lot after this.
PirateThom  +   1587d ago
The downside is, they're distributing 3D Dot Game Heroes in Europe. An already rare game becomes impossible to find.
AssassinHD  +   1587d ago
You could always just try importing it. PS3 games are region free after all.
monkey nuts  +   1587d ago
Not impossible,
I'm looking at a copy of it right now, albeit standing next to my tv. Looks like my initial investment of £30 may appreciate greatly in the next few months. Capitol!
Lucreto  +   1587d ago
"A UK court ruling found in favor of CDV to the tune of $3.4 million. In a move that could be hailed as evil genius, Southpeak responded by purchasing development studio IRP which was owed money by CDV. Then, claiming that CDV now owed them $6 million,"

LOL thats brilliant
#4 (Edited 1587d ago ) | Agree(3) | Disagree(0) | Report | Reply
RockmanII7  +   1587d ago
Oh no, what will we ever do without X-blades 2. Seriously though, its a shame that people will likely get laid off for this.
Alos88  +   1587d ago
I hope they get to either release Two Worlds 2 or sell it off to another company to release. The original sucked but this one shows promise.
dizzleK  +   1587d ago
friggin figures, two worlds 2 was one of my most anticipated games this year.
dkgshiz  +   1587d ago
Oh, well.
This company made awful games. One good game doesn't make them a good company.

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