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What The Hellgate?

Posted by Stropp on July 24, 2008

flanders_devil_250x177 Some interesting news from Massively.

It looks like Hellgate: London has a knight in shining armor coming to it’s rescue. Bandai-Namco has apparently put up a page on its website — though I just had a look and it wasn’t there — which indicates that they will be running the game.

I did read somewhere else, that a transfer of the Hellgate: London IP to Bandai-Namco would be problematic since the IP was used as collateral by Hanbitsoft. That makes sense. If Flagship default on the loan, the IP passes automatically to Hanbitsoft.

But does that stop Flagship entering into a partnership with Bandai-Namco (herein referred to as B-N) where B-N operate the game in North America and Hanbitsoft continue operating the game in Korea?

If B-N are coming to the party with some cash, it could allow Flagship to service the loan to Hanbitsoft and escape the default situation. One thing though, if Hanbitsoft saw a good opportunity to grab the Hellgate and Mythos IPs, they ain’t gonna be happy. They’ve already threatened legal action to claim the IP, will they do the same to prevent the B-N deal?

Hmmm. Not sure what the legalities of this situation are. Does anyone know what the deal is with this?

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  1. Jakob Said,

    Maybe this means Mythos will be rezzed, too. I hope so, as I actually was much more interested in it than in Hellgate, and I think it had more widespread potential to be a hit as well.

  2. Stropp Said,

    I hope this is the outcome as well.

    News seems to have slowed down on the Flagship front. It’s only been a week since this post. I guess the tornado hit and now we are just picking through the debris for news. It might be a while now until the next lot of info about this comes out.

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