SouthPeak Games

From Wikipedia, the free encyclopedia
  (Redirected from SouthPeak Interactive)
Jump to: navigation, search
SouthPeak Interactive Corporation
SouthPeak Games
Formerly called
  • SouthPeak Interactive LLC (1996–2000)
  • SouthPeak Interactive, L.L.C. (2000–2008)
Public
Traded as OTC Pink: SOPK
Industry Video game industry
Fate Dissolved
Founded March 1, 1996; 21 years ago (1996-03-01) in Cary, North Carolina, U.S.
Defunct 2012 (2012)
Headquarters Midlothian, Virginia, U.S.
Area served
North America
Key people
Parent
  • SAS Institute (1996–2000)
  • Terry Phillips Sales, Inc. (2000–2008)
Subsidiaries

SouthPeak Interactive Corporation, doing business as SouthPeak Games, was an American video game publisher, founded in 1994 and located in Midlothian, Virginia. The company silently went out of business in 2012.

History[edit]

SouthPeak Games was founded as SouthPeak Interactive LLC on March 1, 1996, as a subsidiary of SAS Institute, both headquartered in Cary, North Carolina.[1] Starting with September 27, 1999, Raleigh, North Carolina-based creative shop Front Door acquired marketing rights for games published by SouthPeak Games for US$8 million.[2] On October 16, 2000, SAS Institue sold SouthPeak Games to Midlothian, Virginia-based privately held company Terry Phillips Sales, Inc., owned by brothers Terry Marshall and Gregory Robert Phillips, for US$4.5 million, making Terry Phillips the new director of SouthPeak Games.[3] As result of the sale, all assets related to SouthPeak Games were moved the Midlothian location, while all staff at the Cary location were laid off an offered a new employment at SAS Institute.[4] The company in its new location was legally registered as SouthPeak Interactive, L.L.C. on October 19, 2000.[5] In August 2005, Melanie Mroz was appointed president and chief executive officer of SouthPeak Games.

On January 16, 2008, SouthPeak Games acquired public company Global Services Partners Acquisition Corp. (GSPAC), a company intentionally created as a blank check to "consummate a business combination", for US$31 million.[6] Through that transaction, SouthPeak performed a reverse merger takeover, and thus merged itself into GSPAC to form a new public entity titled SouthPeak Interactive Corporation, of which Phillips and Mroz would appointed chairman and chief executive officer, respectively.[7] On June 19, 2008, the company announced that they had raised a total of US$12.9 million through private investment in public equity, in order to expand its business.[8] On October 14, 2008, the company announced that it had acquired Austin, Texas-based video game publisher Gamecock Media Group, including its upcoming titles, Legendary, Mushroom Men, and Velvet Assassin.[9] Gamecock Media Group was initially made a publishing subsidiary, however, it was closed shortly after.[10] In August 2009, SouthPeak Games started facing legal issues with work-for-hire vendors who had worked on games published by Gamecock Media Group, accusing SouthPeak Games of not paying outstanding royalties, despite SouthPeak Games acknowledging these issues early on, when they acquired Gamecock Media Group.[11]

When SouthPeak Games released their 2009 Q1 quarterly report on released on November 13, 2009, it was revealed that, after American video game developer and publisher Midway Games filed for Chapter 11 bankruptcy in February 2009, SouthPeak Games had acquired the exclusive rights to publishing video games based on the TNA Impact! television program for US$100,000,[12] however, they could not agree with Total Nonstop Action Wrestling upon any further titles to be developed.[13] In November 2009, SouthPeak Games lost a legal battle to German distributor CDV Software, which concerned the failure to deliver three out of four unspecified games before Christmas 2008, and was ordered to pay US$3.1 million.[14] Additionally, on February 19, 2010, the judge ruled upon CDV Software's other claims, including copyright infringement and breach of contract, ordering SouthPeak Games to hand in further, undisclosed payments.[15] Mid-issue, on April 8, 2010, Reba McDermott was appointed chief financial officer, replacing Melanie Mroz, who previously served that role interimly.[16] As a result of the outstanding bills, on July 20, 2020, British distributor Centresoft put 40,000 units of SouthPeak Games stock on ice to auction them off,[17] generating GB£50,000 by August 6, 2010.[18] The legal issue was announced to be resolved on October 14, 2010,[19] and CDV Software dropped all charges against SouthPeak Games on November 10, 2010.[20]

In June 2010, American publisher Majesco announced the upcoming release of My Baby 3 & Friends, the third entry in the My Baby franchise, of which the first two were published by SouthPeak Games.[21] In response to the announcement, on July 21, 2010, SouthPeak Games sued Majesco over copyright infringement over the My Baby intellectual property, despite its developer, French studio Nobilis, actually owning it at the time.[22] Five days later, on July 26, 2010, Nobilis responded to the accusation, citing withunder SouthPeak Games' failure to pay royalties as reason to switch to Majesco and cease operations with SouthPeak Games.[23] Due to damages caused by the legal issue, SouthPeak Games halted the distribution of all released titles in the My Baby series, namely, My Baby Boy, My Baby Girl, and My Baby First Stepsn on October 13, 2010.[24] It was reported on January 10, 2011, that SouthPeak Games had won against Majesco and Nobilis, with the Lyon Commercial Court stating that Nobilis had no legal basis for ceasing operations with SouthPeak Games, wherefore all rights to there series were returned to SouthPeak Games.[25]

On July 12, 2011, SouthPeak Games opened a new digital distribution subsidiary, 7Sixty LLC, in Grapevine, Texas.[26] Led by vice president of publishing Leslie House and vice president of interactive entertainment Jeff Hutchinson, the studio was established in order to expand SouthPeak Games' business strategies to cover the digital market, with their first title to be Stronghold 3.[27]

Games published[edit]

Year Title Platform(s) Genre(s)
1996 Virtual Jigsaw: MasterPieces Edition Microsoft Windows Puzzle
1997 Temüjin Microsoft Windows Adventure
Men in Black: The Game Microsoft Windows Action
Monty Python's The Meaning of Life Microsoft Windows Adventure
1998 Dark Side of the Moon: A Sci-Fi Adventure Microsoft Windows
The Robot Club Microsoft Windows Edutainment
Pinky and the Brain: World Conquest Microsoft Windows Puzzle
Looney Tunes: Cosmic Capers – Animated Jigsaws Microsoft Windows
1999 Boss Rally Microsoft Windows Racing
Animaniacs: A Gigantic Adventure Microsoft Windows Platform
The Dukes of Hazzard: Racing for Home Microsoft Windows, PlayStation Racing
Wild Wild West: The Steel Assassin Microsoft Windows Adventure
BoomBots PlayStation Fighting
Animaniacs Splat Ball Microsoft Windows Shooter
Mystery of the Fun Park Phantom Microsoft Windows Adventure game
2000 Blaze & Blade: Eternal Quest Microsoft Windows
The Dukes of Hazzard II: Daisy Dukes It Out PlayStation Racing
2006 Juka and the Monophonic Menace Game Boy Advance Action-adventure
Scurge: Hive Game Boy Advance, Nintendo DS
State of Emergency 2 PlayStation 2 Third-person shooter
2007 Brave: The Search for Spirit Dancer Platform
Monster Madness: Battle for Suburbia Microsoft Windows, Xbox 360 Shoot 'em up
Two Worlds Microsoft Windows, Xbox 360 Role-playing
Pool Party Wii Sports
2008 Iridium Runners PlayStation 2 Racing
Ninjatown Nintendo DS Strategy
Legendary PlayStation 3 First-person shooter
My Baby Boy and My Baby Girl Nintendo DS Social simulation
Legendary Microsoft Windows, Xbox 360 First-person shooter
Mushroom Men: Rise of the Fungi Nintendo DS, Wii Action-adventure
Dream Pinball 3D Microsoft Windows, Nintendo DS, Wii Pinball
Imperium Romanum Microsoft Windows Real-time strategy
Hail to the Chimp PlayStation 3 Party
Roogoo Microsoft Windows, Xbox 360 Puzzle
B-Boy PlayStation 2, PlayStation Portable Rhythm
Mister Slime Nintendo DS Platform
Monster Madness: Grave Danger Android, PlayStation 3 Shoot 'em up
2009 Big Bang Mini Nintendo DS
My Baby First Steps Nintendo DS, Wii Social simulation
X-Blades Microsoft Windows, PlayStation 3, Xbox 360 Hack and slash
Velvet Assassin Microsoft Windows, Xbox 360 Action-adventure, stealth
Pirates vs. Ninjas Dodgeball Wii Sports
Roogoo Attack Nintendo DS Puzzle
Roogoo Twisted Towers Wii Action, puzzle
Brave: A Warrior's Tale Wii, Xbox 360 Action-adventure
Raven Squad: Operation Hidden Dagger Microsoft Windows, Xbox 360 Real-time strategy
Section 8 Microsoft Windows, Xbox 360 First-person shooter
Trine Microsoft Windows Platform
2010 Fast Food Panic Nintendo DS, Wii Simulation
Sled Shred Wii Sports
Crime Scene Nintendo DS Adventure
Brave: Shaman's Challenge Nintendo DS Puzzle
Horrid Henry: Missions of Mischief Microsoft Windows, Nintendo DS, Wii Adventure
Sushi Go Round Nintendo DS, Wii Simulation
Dementium II Nintendo DS First-person shooter
3D Dot Game Heroes PlayStation 3 Action-adventure
2011 Montessori Music Nintendo DS Edutainment
Two Worlds II Microsoft Windows, PlayStation 3, Xbox 360 Role-playing
Stronghold 3 Microsoft Windows Real-time strategy

References[edit]

  1. ^ "SOUTHPEAK INTERACTIVE LLC". North Carolina Department of the Secretary of State. Retrieved February 20, 2017. 
  2. ^ Siebert, T.w. (September 27, 1999). "Front Door Gets SouthPeak". Adweek. Retrieved February 20, 2017. 
  3. ^ Takahashi, Dean (June 19, 2008). "SouthPeak Interactive raises $12.9 million for indie games". GamesBeat. VentureBeat. Retrieved February 20, 2017. 
  4. ^ Ahmed, Shahed (October 16, 2000). "SAS Sells SouthPeak". GameSpot. CBS Interactive. Retrieved February 20, 2017. 
  5. ^ "SouthPeak Interactive, L.L.C.". Commonwealth of Virginia State Corporation Commission. Retrieved February 20, 2017. 
  6. ^ Ingham, Tim (January 17, 2008). "Southpeak in $31m merger". MCV. NewBay Media. Retrieved February 20, 2017. 
  7. ^ Androvich, Mark (January 16, 2008). "Southpeak goes public following merger". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  8. ^ Caoili, Eric (June 20, 2008). "SouthPeak Secures $12.9M Funding For Expansion". Gamasutra. UBM TechWeb. Retrieved February 20, 2017. 
  9. ^ Fahey, Mike (October 14, 2008). "SouthPeak Devours Gamecock". Kotaku. Gizmodo Media Group. Retrieved February 20, 2017. 
  10. ^ Nutt, Christian (August 14, 2009). "Former Gamecock CEO Discusses Company's Demise, Alleges Contractor Payment Issues". Gamasutra. UBM TechWeb. Retrieved February 20, 2017. 
  11. ^ Razak, Matthew (August 16, 2009). "Scandal: Former Gamecock CEO says SouthPeak is not paying up". Destructoid. ModernMethod. Retrieved February 20, 2017. 
  12. ^ Gilbert, Ron (November 13, 2009). "SouthPeak earnings report reveals acquisition of ... something involving TNA Impact". Engadget. AOL Tech. Retrieved February 20, 2017. 
  13. ^ Gilbert, Ron (December 2, 2009). "TNA seeking 'long-term partner' for future 360/PS3 TNA Impact! games". Engadget. AOL Tech. Retrieved February 20, 2017. 
  14. ^ Ingham, Tim (December 2, 2009). "Curtain falls on CDV vs SouthPeak saga". MCV. NewBay Media. Retrieved February 20, 2017. 
  15. ^ Graft, Kris (February 23, 2010). "CDV Wins Latest Legal Battle Against SouthPeak". Gamasutra. UBM TechWeb. Retrieved February 20, 2017. 
  16. ^ Elliott, Phil (April 8, 2010). "Southpeak appoints Reba McDermott as CFO". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  17. ^ Martin, Matt (July 20, 2010). "Bailiffs begin seizing SouthPeak stock". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  18. ^ Martin, Matt (August 6, 2010). "Sale of SouthPeak assets generates £50,000". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  19. ^ Meer, Alec (October 14, 2010). "Southpeak "successfully resolves" $3m dispute with CDV". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  20. ^ Meer, Alec (November 10, 2010). "CDV drops charges against SouthPeak". GamesIndustry.biz. Gamer Network. Retrieved February 20, 2017. 
  21. ^ Graft, Kris (July 26, 2010). "My Baby Developer Accuses SouthPeak of Non-Payment". Gamasutra. UBM TechWeb. Retrieved February 20, 2017. 
  22. ^ Gilbert, Ben (July 21, 2010). "SouthPeak suing Majesco over My Baby 3". Engadget. AOL Tech. Retrieved February 20, 2017. 
  23. ^ Gilbert, Ben (July 26, 2010). "Nobilis fires back at SouthPeak over My Baby IP, blames lack of payment for Majesco move". Engadget. AOL Tech. Retrieved February 20, 2017. 
  24. ^ Sliwinski, Alexander (October 13, 2010). "SouthPeak to stop selling 'My Baby' during legal issues". Engadget. AOL Tech. Retrieved February 20, 2017. 
  25. ^ Hillier, Brenna (January 11, 2011). "Southpeak reclaim access rights to My Baby franchise". VG247. Videogaming247. Retrieved February 20, 2017. 
  26. ^ Meer, Alec (August 8, 2011). "Southpeak's 7Sixty". GamesIndustry.biz. Gamer Network. Retrieved February 28, 2017. 
  27. ^ Sacco, Dominic (July 12, 2011). "7sixty goes digital with SouthPeak". The Market for Computer & Video Games. NewBay Media. Retrieved February 28, 2017.