Atari Settles FUNimation Dispute, Borrows Additional $4 Million

Atari has announced that it has settled its Dragon Ball Z dispute with anime distributor FUNimation for $3.5 million, also announcing that it has borrowed $4 million from investment company BlueBay, in addition to the $10 million in credit it secured in October, "to meet its holiday season financing needs."

Notice of the FUNimation dispute came in early November when an SEC filing disclosed that the anime distributor was set to "terminate the license agreements based on alleged breaches of the license agreements," holding back Atari's release of Dragon Ball Z: Budokai Tenkaichi for Wii and PS2.

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Relcom3904d ago

Poor Atari is on its last stand. They need a hit worse than a broke crackhead.

BubblesDAVERAGE3904d ago

I personally like there Dragonball Z games...there okay but no online on ps2 makes me mad

PS3PCFTW3904d ago

haha.......everyone remember the jaguar?

atari is mincedmeat for the REAL king of the jungle.

TruthbeTold3904d ago

Now if only they'd do a recall on Budokai Tenkaichi 3, fix the horrid online, and re-release it, they might actually keep a few customers...

Strife Lives3904d ago

I cnt believe it, 13 milion 360s. 5 milion ps3s and stil they release it on ps2 and wii. This games controls suck on the wii. And i got it one the ps2, which looks exactly the same as last years game except,the textures could be worse. Damit,make a next gen version! Oh well,their making an EA franchise of this game