Red 5 Studios And Webzen's Legal Dispute
Love of global publisher and the developer behind Firefall seems to fell apart.
As it seems, latest news regarding Red 5 Studios and their Firefall game aren't good as they used to be. Love of global publisher Webzen and Red 5 Studios seems to fell apart after Red 5 Studios has filed for arbitration against Webzen sueing publisher for "alleged breach of obligations" and is seeking $5million for all the damage done while Webzen says that the company has fulfilled all the obligations towards the developer.
Red 5 Studios Press Release:
“We are deeply disappointed that Webzen has forced us to react this way,” said Red 5 CEO Mark Kern. “Since day one, our goal has been to craft a revolutionary gaming experience, get that game into the hands of as many people as possible, and do so utilizing the free to play model. Sadly, we do not believe that Webzen has lived up to its obligations under our agreement, which isn’t fair to our passionate team at Red 5 or to our supportive fans in Asia.” Kern confirms that the arbitration will not disrupt Red 5’s continued development of the game. Red 5 still plans to self-publish the game in the United States and Europe and will offer Firefall as a free digital download that’s free of any monthly fees. Webzen continues to hold publishing rights in Asia as well as a few other territories.
Webzen Press Release:
As the publisher of the game in territories other than North America and Europe, WEBZEN has patiently waited for the completion of the game for five years despite numerous delays in development. The game, for which WEBZEN has invested nearly $25 million, is not yet complete, and we are dismayed that Red 5 has initiated this dispute before we are able to enjoy the results of our investment.
The latest
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22.05.2012
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