Kirk...we have a problem

John D. · 07-01-2003, 12:36 PM

Another press release for you

Activision Files Breach of Contract Lawsuit Against Viacom

Complaint Cites Viacom's Lack of Support for 'Star Trek' Movie and Television Franchise and Failure to Cooperate With Activision

SANTA MONICA, Calif., July 1 - Activision, Inc. (Nasdaq: ATVI - News), a leading developer, publisher and distributor of interactive entertainment software products, today announced that it has filed a breach of contract suit against Viacom.

In its complaint, which was filed in the Superior Court of the State of California on June 30, 2003, Activision accused Viacom of breaching its fundamental promise to continue exploiting the Star Trek franchise consistent with its practice at the time the agreement was signed in 1998. "Activision cannot successfully develop and sell Star Trek video games without the product exploitation and support promised by Viacom. A continuing pipeline of movie and television production, and related marketing, is absolutely crucial to the success of video games based on a property such as Star Trek," charged Activision in its court filings.

However, through its actions and inactions, Viacom has let the once proud Star Trek franchise stagnate and decay. Viacom has released only one "Star Trek" movie since entering into agreement with Activision and has recently informed Activision it has no current plans for further "Star Trek" films. Viacom also has allowed two "Star Trek" television series to go off the air and the remaining series suffers from weak ratings. Viacom also frustrated Activision's efforts to coordinate the development and marketing of its games with Viacom's development and marketing of its new movies and television series.

The complaint goes on to state: "By failing and refusing to continue to exploit and support the Star Trek franchise as it had promised, Viacom has significantly diminished the value of Star Trek licensing rights including the rights received by Activision. Moreover, in so doing, Viacom has breached a fundamental term of its agreement with Activision ... and has caused Activision significant damage."

As a result of the breaches by Viacom, Activision has terminated the agreement and filed a complaint seeking to recover the damages it has suffered and will suffer as a result of Viacom's failure to abide by its agreement, and its stated intention to continue to breach its agreement, and seeks the return of the warrants now wrongfully in Viacom's possession.

The company expects that the court filing and the termination of the agreement with Viacom will have no material impact on its previously provided first quarter and fiscal year earnings outlook.

Any trekkies out there ? :starwars:

Nxs · 07-01-2003, 12:40 PM

Good! I didn't want to see anymore crappy Star Trek games or movies anyway

Slinky2397 · 07-01-2003, 12:44 PM

The only good Star Trek was the original, and there aren't really any good games, well Elite Force was alright, but it's Voyager....

Doug · 07-01-2003, 01:19 PM

In Elite Force 2 you are under the command of Captain Picard.

Slinky2397 · 07-01-2003, 01:27 PM

Oh, I didn't know that, I haven't tried it yet. I just remember the first one being Voyager.

Syanide · 07-01-2003, 04:28 PM

Quote:

Originally posted by Slinky2397@Jul 1 2003, 01:44 PM
The only good Star Trek was the original

I 100% agree, mighta been abit corny, but it was fun then (i was like 8 or sumthing, and thye were probobly Re-Runs), but it all went downhill with the news stuff

EDIT: (me looks at Nxs age) Make that 5 years old

, lol, musta been re-runs then

Nxs · 07-01-2003, 11:17 PM

lol! Reading the stuff about the original make me think of when I was around 13-15 and my dad having to absolutely watch that show! lol

Slinky2397 · 07-02-2003, 01:51 AM

Yeah, I watched reruns a lot, and my uncle had recorded at least 20 tapes of them too, really good stuff.

Nxs · 07-02-2003, 01:53 AM

Don't get me wrong here Slinky, I hate Star trek! Just reminded me of my youth!

07-01-2003, 12:40 PM	#2 (permalink)
Nxs Administrator Join Date: Oct 2002 Posts: 8,278 Hellbux: 145,193	Good! I didn't want to see anymore crappy Star Trek games or movies anyway __________________

07-01-2003, 12:44 PM	#3 (permalink)
Slinky2397 is on the 4th circle: Avarice & Prodigality Join Date: Jun 2003 Location: Colorado, U.S.A Posts: 759 Hellbux: 11,098	The only good Star Trek was the original, and there aren't really any good games, well Elite Force was alright, but it's Voyager.... __________________ "Yeah, hit squad is in the house! All right baby! 60 minutes, balls out. Let's open up the whole can of kick ass and kill 'em all! Let the paramedics sort 'em out!" Alvin Mack from The Program

07-01-2003, 01:27 PM	#5 (permalink)
Slinky2397 is on the 4th circle: Avarice & Prodigality Join Date: Jun 2003 Location: Colorado, U.S.A Posts: 759 Hellbux: 11,098	Oh, I didn't know that, I haven't tried it yet. I just remember the first one being Voyager. __________________ "Yeah, hit squad is in the house! All right baby! 60 minutes, balls out. Let's open up the whole can of kick ass and kill 'em all! Let the paramedics sort 'em out!" Alvin Mack from The Program

07-01-2003, 11:17 PM	#7 (permalink)
Nxs Administrator Join Date: Oct 2002 Posts: 8,278 Hellbux: 145,193	lol! Reading the stuff about the original make me think of when I was around 13-15 and my dad having to absolutely watch that show! lol __________________

07-02-2003, 01:51 AM	#8 (permalink)
Slinky2397 is on the 4th circle: Avarice & Prodigality Join Date: Jun 2003 Location: Colorado, U.S.A Posts: 759 Hellbux: 11,098	Yeah, I watched reruns a lot, and my uncle had recorded at least 20 tapes of them too, really good stuff. __________________ "Yeah, hit squad is in the house! All right baby! 60 minutes, balls out. Let's open up the whole can of kick ass and kill 'em all! Let the paramedics sort 'em out!" Alvin Mack from The Program

07-01-2003, 12:36 PM	#1 (permalink)
John D. is on the 4th circle: Avarice & Prodigality Join Date: Jan 2002 Location: Belgium Posts: 855 Hellbux: 28,240	Another press release for you Activision Files Breach of Contract Lawsuit Against Viacom Complaint Cites Viacom's Lack of Support for 'Star Trek' Movie and Television Franchise and Failure to Cooperate With Activision SANTA MONICA, Calif., July 1 - Activision, Inc. (Nasdaq: ATVI - News), a leading developer, publisher and distributor of interactive entertainment software products, today announced that it has filed a breach of contract suit against Viacom. In its complaint, which was filed in the Superior Court of the State of California on June 30, 2003, Activision accused Viacom of breaching its fundamental promise to continue exploiting the Star Trek franchise consistent with its practice at the time the agreement was signed in 1998. "Activision cannot successfully develop and sell Star Trek video games without the product exploitation and support promised by Viacom. A continuing pipeline of movie and television production, and related marketing, is absolutely crucial to the success of video games based on a property such as Star Trek," charged Activision in its court filings. However, through its actions and inactions, Viacom has let the once proud Star Trek franchise stagnate and decay. Viacom has released only one "Star Trek" movie since entering into agreement with Activision and has recently informed Activision it has no current plans for further "Star Trek" films. Viacom also has allowed two "Star Trek" television series to go off the air and the remaining series suffers from weak ratings. Viacom also frustrated Activision's efforts to coordinate the development and marketing of its games with Viacom's development and marketing of its new movies and television series. The complaint goes on to state: "By failing and refusing to continue to exploit and support the Star Trek franchise as it had promised, Viacom has significantly diminished the value of Star Trek licensing rights including the rights received by Activision. Moreover, in so doing, Viacom has breached a fundamental term of its agreement with Activision ... and has caused Activision significant damage." As a result of the breaches by Viacom, Activision has terminated the agreement and filed a complaint seeking to recover the damages it has suffered and will suffer as a result of Viacom's failure to abide by its agreement, and its stated intention to continue to breach its agreement, and seeks the return of the warrants now wrongfully in Viacom's possession. The company expects that the court filing and the termination of the agreement with Viacom will have no material impact on its previously provided first quarter and fiscal year earnings outlook. Any trekkies out there ? :starwars:

07-01-2003, 01:19 PM	#4 (permalink)
Doug is on the 3rd circle: Gluttony Join Date: Feb 2002 Posts: 255 Hellbux: 9,638	In Elite Force 2 you are under the command of Captain Picard.

07-02-2003, 01:53 AM	#9 (permalink)
Nxs Administrator Join Date: Oct 2002 Posts: 8,278 Hellbux: 145,193	Don't get me wrong here Slinky, I hate Star trek! Just reminded me of my youth! __________________

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