Wednesday, June 6, 2012
Activision Reaches Out of Court Settlement
At question are royalties and bonuses in the "Call of Duty" series video game. The lawsuit claimed damages that totaled more than $2 billion. The countersuit filed by Activision, accused some of its video game developers of being insubordinate, self-serving schemers, who had breached their contracts with Activision, when they went to work for Electronic Arts, Inc. The legal battle which began between 2009 and 2010, has been called the most significant legal battle in video game history. "This legal battle is the most significant in video history," said Evan Wilson, an analyst at Pacific Crest Securities. The settlement, which likely has already been paid for from profits on "Diablo III", a game Activision released last month, is estimated at $140 million. See also, http://www.wired.com/.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment