ZeniMax will pay Interplay $2 million as consideration in the settlement
My prediction: Beth finally bought out the MMO rights from Herve for a fuckton of moneys, just what Herve wanted in the first place since he ended up being unable to do shit with the MMO license. He basically held the MMO license hostage while Bethsoft wept over all the unexisting cash they would have made if they did a Fallout MMO. They wanted to wrestle it out for free, but the legal force was strong in this one.
IP squatting at its best
Herve Caen is fucked. That 2 Million isn't going to do shit. He can TRY to sell more Fallout products, but lol at that move. He has nothing other than Interplays debt. This is the final nail in Interplays coffin.
Aren't you proud to have minds like mine on the Kodex?
I am sorta surprised Herve settled for mere 2M though. Thought he'll drive a harder bargain. But hey, 2M is still a good profit from a 3-page flash website and a quarterly updated mailing list.
3 - 2 = 1 million left Herve. I highly doubt sales from now until 2013 will pull him out of the hole.As part of one of their 2007 quarterly reports, Interplay announced that their revenues had risen astronomically, due almost entirely to the sale of their Fallout intellectual property to Bethesda Softworks back in mid-April. With the sale and other changes, the company is now almost debt free, with its debt at a reported $3 million today, compared to the $59 million from 2001.[18]
Are you stupid or something? Why would he give a flying fuck over some dead company and its debts? He cashed out and walked out a rich and happy man.
3 - 2 = 1 million left Herve. I highly doubt sales from now until 2013 will pull him out of the hole.
It's a corporation. Herve will pay himself, then file for Bankruptcy again. This time, he'll probably shut it down for good though. However, he will personally walk away with probably a cool million dollars(or close to).
I wish there was something more I could say.What a shame.
Can't wait for the future award winning Fallout 4™ title from the award winning Bethesda Softworks® in 2013.
He wouldn't be able to keep the 2 million if he files for bankruptcy. Right? Or is there some law that allows him to get around that issue?
If he made 4 million and paid off the Interplay debt with 1 million left over I'd agree that he Herved Bethesda, but I'm thinking he realized that Bethesda was going to try and rain his already limited funds. I just don't see how Herve made out.
He will pay himself a salary + a bonus. That's how it works. He can't just pocket all the money, but he can pay himself a hefty sum of cash. Plus, Interplay is still selling the oldies. I'm sure there is a little bit of money coming into the coffers still.
I can't believe it's only 2 mil. What the fuck, Herve?
Bethesda wouldn't have settled unless they thought there was a chance they'd lose.
I assume the husband's name is Zeni?Ah, dem memories: