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Forum - View topicNEWS: Strife at IC Entertainment
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masa
Posts: 17 |
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Sounds like a company I work for. I don't understand why companies just have to screw their employees. It just doesn't make sense. They get you services you can use/sell, and you treat them like crap.
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RHorsman
 Posts: 151 Location: Loch Loman |
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Well, that fills in a blank or two on the MegaTokyo move to Dark Horse.
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ShinigamTakuto
Posts: 50 |
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I'm wondering how did they license titles if they can't even pay their own employees?
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FujiDrift
Posts: 1 |
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all I have to say is...STAY AWAY FROM FREDERICKSBURG! I knew that this company wouldn't work. And yes, it really does explain the deal with Megatokyo.
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SamGoody0491
Posts: 37 |
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Actually That Had Nothing To Do With Why Megatokyo didn't Work.
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RHorsman
Posts: 151 Location: Loch Loman |
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You got the inside scoop, or are you going on Piro's public comments? If the former, spill. |
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The Ramblin' Wreck
 Posts: 924 Location: Teaching Robot Women How To Love |
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^^
With this revelation, I'd wager 10 to 1 that IC couldn't make the payments to Fred. |
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wcy2003
 Posts: 52 Location: Richmond |
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I call rights to futaba-kun change.
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AnimeSensei
Posts: 18 Location: Utah |
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Hmm, is Duane Johnson the Duane Johnson of AMV fame from about 5-6 years ago?
And yeah, I believe this clearly explains Megatokyo's move to DH. |
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wcy2003
Posts: 52 Location: Richmond |
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In all seriousness, I had heard that IC was having issues for a while but this was the first time I had heard of the purging of its employees. Does anyone know what happens to licences if a company goes under? *Serious question*
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The Ramblin' Wreck
Posts: 924 Location: Teaching Robot Women How To Love |
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i would think it becomes a matter of the courts. If (now it seems like "when") IC declares bankruptcy, then they have to sell off their assets to pay creditors. I would think that liscenses would fall under these "assets".
Pure speculation on my part, go ask a business lawyer. |
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lyricaldanichan
 Posts: 135 Location: Sacramento, CA |
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They made a lot of promises they can't keep like for example the Evangelion Rapport Comics tankobans that they were raving that they got the rights to...That was about hmm 5-6 years ago LOL.
IC needs to close shop and sell off their licenses to either Tokyo Pop or Viz if they want to save some face. I would hate to think all that money they did have was wasted on "teabagging" and drunken con parties with jailbait cosplayers. |
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Allen
Company Representative
 Posts: 281 Location: Not there |
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In most cases, the license reverts back to the original owner if a licensee goes under. The courts really only step in if the original license holder feels that the licensee owes them something. Most licenses have built in clauses to cover these situations. It protects the interests of the original company to make sure their license doesn't get picked up by someone else because the licensee had to sell off their assests. |
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Stueypark
Posts: 116 |
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Some licences could get sold, others could actually remain, despite the company going under (Since they aren't permenent, they are "rented" for so many years). They could disappear into a legal black hole, go back to the Japanese publisher, etc.
If IC Ent. folds you won't see those titles back on shelves for at least 3-4 years. |
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wcy2003
Posts: 52 Location: Richmond |
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No offense to I.C's catalogue, but many of the licences they held were more of a niche market to begin with, wouldn't this raise concerns that we may never get these titles back over here?
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