The sale of sim Amsterdam by Stroker Serpentine to would-be new owners the Nedstede Groep, has fallen through due to differences over intellectual property rights and obligations in the contractual stage. The new buyers apparently did not fully understand the intellectual property rights situation with the established tenants.
Serpentine told us, "Basically the buyer's attorneys thought they could get full exploit rights to all the content on the sim ... animations, textures and scripts ... we said no ... every Merchant/Builder/Scriptor will retain their own rights." The buyers wanted yet more surety from tenant-renters in the Amsterdam sim which impressed nobody, "They also wanted contractual agreements from the Merchants that they would remain after the sale."
Serpentine feels that this is Nedstede Groep's loss, and will be offering Amsterdam for sale again quite soon. Stay tuned.
1. Ah yes... Nothing like pure greed to ruin a perfectly good deal.
Posted at 12:57AM on May 10th 2007 by Patchouli Woollahra