The LA Superior Court gave its verdict. Activision was not guilty of any wrongdoing. Genius Products and Numark Industries accused the well-known game publisher and developer a few days ago. According to Genius, Activision was interested in buying Scratch, but Genius said no. Activision then bought the developer of Scratch, 7 Studios. Yet before Activision’s interest in the mentioned game, its production was not on schedule which caused delays.
La Corte Superior de Los Angeles dio su veredicto. Activision no es culpable de cualquier fechoría. Genius Products y Numark Industries acusaron al conocido publicador y desarrollador de juegos hace unos pocos días. De acuerdo a Genius, Activision estaba interesado en comprar Scrat, pero Geinus dijo que no. Activision luego compró la desarrolador de Scratch, 7 Studios. Aún antes del interés de Activision en el juego mencionado, su producción no estaba al día lo que causó demoras lo cual causó demoras.
Court Finds No Evidence Supporting Genius Products and Numark Industries Allegations Against Activision
SANTA MONICA, Calif., April 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ — The following statement was released today by Activision Publishing, Inc. (Nasdaq: ATVI) in response to media and other inquiries related to the Genius Products and Numark Industries lawsuit:
Activision Publishing strongly denies the allegations made by Genius Products and Numark Industries and believes that the claims are disingenuous and lack any merit. Yesterday, the L.A. Superior Court found that there was no evidence of any wrongdoing by Activision and refused to grant any restraining order against Activision.
These allegations are nothing more than an attempt by Genius to place blame for the game’s delay, as well as to divert attention from the cash flow, liquidity and revenue challenges Genius detailed in its March 30, 2009, SEC filing. By their own admission in October 2008, the game had fallen behind in production, which was well before Activision had any involvement with Genius, Numark or California 7 Studios regarding the game.
The lawsuit will have no impact on Activision’s upcoming DJ Hero(R) game, a turntable-based music game that the company has been independently developing.
Activision purchased 7 Studios on April 6, 2009 to bolster its development capabilities. 7 Studios had continued to develop Scratch: The Ultimate DJ and Activision did not interfere with or delay their efforts to complete the game. In fact, Activision provided the fledgling developer with much needed financing during these difficult economic times.
SOURCE Activision Publishing, Inc.