Try our new beta! Click here
Submitted by killyourfm 1957d 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)

Alternative Sources
Queasy  +   1957d ago
That's alot of crappy games.
killyourfm  +   1957d 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  +   1957d ago
Yeah, they were barely in business as it was.
Neco512  +   1957d ago
Ah, stop hatin. Dementium II was actually really good. So
Spenok  +   1957d ago
You forgot the first Dementium lol.
Christopher  +   1957d 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  +   1957d ago
Agreed, the sequel does honestly look pretty awesome.
Spenok  +   1957d ago
It does. Lets hope it at least gets released. It looks to be something at least worth playing.
shadowdancer  +   1957d ago
This company has consistently put out crap.
killyourfm  +   1957d ago
Well, there's still real people involved who probably stand to lose a lot after this.
PirateThom  +   1957d ago
The downside is, they're distributing 3D Dot Game Heroes in Europe. An already rare game becomes impossible to find.
AssassinHD  +   1957d ago
You could always just try importing it. PS3 games are region free after all.
monkey nuts  +   1957d 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  +   1957d 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 1957d ago ) | Agree(3) | Disagree(0) | Report | Reply
RockmanII7  +   1957d 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  +   1957d 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  +   1957d ago
friggin figures, two worlds 2 was one of my most anticipated games this year.
dkgshiz  +   1957d ago
Oh, well.
This company made awful games. One good game doesn't make them a good company.

Add comment

You need to be registered to add comments. Register here or login
New stories

Kritika – Nobleria goes critical with several destructive weapons

53m ago - Announced a few weeks ago, Kritika will be getting a new character known as Nobleria next month i... | PC

A 'Dead Space' LEGO Replica to Make Us Whole -

57m ago - A 'Dead Space' LEGO Replica to Make Us Whole | Culture

See What TV Series Premiers this Month

Now - Check for a complete overview of season premiers this November. | Promoted post

My Life As Henry Stickman – Fleeing The Complex

58m ago - Johnny at BagoGames writes:"I have always wondered what the life of a stickman would be like. The... | PC

C9 Rush Gets a 1v5 Pentakill

59m ago - Hardcore Gamer: Cloud 9's newest player gets an unlikely penta kill. | PC

How Does the Vita Version of Dynasty Warriors 8: Empires Stack Up to PS4?

1h ago - The entirety of Dynasty Warriors 8: Empires was crammed into this port, complete with cross save... | PS4