Where does the money go?

20Oct/094

Where does the money go?

I friend asked me a question and my brain just froze, because I have no idea what the right answer is. (That never happens to me!)

- Now what GRIN has shut down, where does GRIN's money from sold Bionic Commando, Wanted and Terminator: Salvation go?

I have no idea! Now, the foot soldiers at GRIN never got to know much about the bussiness aspects of GRIN, but I assume that GRIN got some royalties from each sold copy of their games. But now when GRIN is gone, where does that money go? I suppose that the most likely answer is that the publishers just keep it for themself.

Does anyone know how things like these work?

Tagged as: grin, industry Leave a comment

Comments (4) Trackbacks (0) ( subscribe to comments on this post )

Jesper
October 21st, 2009 - 09:57

Sorry to drop the bomb but Grin wasn’t supposed to get royalties for every sold game. Game developers rarely do.
Arcade
October 21st, 2009 - 11:35

@Jesper
Oh, okay. But let’s say they were; then what?
Widunder
October 21st, 2009 - 11:43

It depends on the deal with the publisher actually. As far as I know, most bigger publisher gives royalites to the developers for every sold game. EA does, at least. But I guess everything goes into Capcom’s pocket now when GRIN is gone.
William
October 23rd, 2009 - 02:44

The royalty money goes to the estate of the bankrupt company and is used to pay of the debt the company has at the time they file for bankruptcy. The estate might chose to sell the royalty rights to get some money right away. In this case the royalty money is paid to the company that bought the rights from the estate.

In the case that the company has no more outstanding debts the money is paid to the owners of the bankrupt company via the estate.

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