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Interplay Terminates Distribution Agreement with Vivendi

Posted by Dhruin @ Sunday - September 28, 2003 - 03:58 -
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| Game Info | Homepage
Yahoo Finance are reporting that Interplay has terminated it's distribution agreement with Vivendi Universal and is considering legal action after accusing VU of failing to pay certain monies relating to Lionheart:
Commenting on the announcement, Interplay Chairman and Chief Executive Officer Herve Caen said, "In the interest of our company and its shareholders, we had no choice but to terminate this agreement. 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."
 
 
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