NEO GEO still Alive...SNK, dead.

T

trieuminator

Guest
With the bad news, there is good news. We all know that the courts decided on "SNK's" demise and it still remains as such. In the past few days, however, the rights to Neo Geo's products was auctioned off to the highest bidder and to some people's surprise, Capcom was one of them. Fortunately or unfortunately, Capcom lost the bid to the Neo Geo rights.

For those wondering what's going to happen to SNK, well, they are dead....sort of. Who ever takes over the Neo Geo rights, cannot use the "SNK" name, nor would they want to . To use the "SNK" trademark, you would also have to assume all their debts, so the way around this is to establish a brand new company using a different title, yet be able to produce games for Neo Geo. That is the path that Mr. Kawasaki is taking now. I cannot name the winning bidder, but let's just say that Mr. Kawasaki is related to that person. He was not allowed to put in a bid for his own rights, so he had someone else bid for him.

As for the name of the company, it is still confidential, but I am sure some of you out there have heard of it already.

Will there continue to be more Neo games? You bet, at least for the MVS market. As with the home market, each new title's release is on a per game basis, dependent on how popular the title is and what demand we show. There is no doubt that Shawn and his Neo-Geo.com site poses heavy influence on future home releases, so it's up to us members to promote the home market.

The U.S. "Neo" office will still be operational; however, I have not heard news if Apple Photo will continue to distribute games for the MVS market. Obviously, there will be operational changes and the future MVS releases remain uncertain in terms of names of titles, but there will be at least 4 titles after KOF 2001 to be released.
 
S

steveold

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If I had it my way, the 'new name' would be KNS. <IMG SRC="smilies/smirk.gif" border="0">
 
Daisuke Jigen

Daisuke Jigen

R.I.P.,, Dear Friend,
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Posts
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Hold up, the guy that used to be president of SNK gave someone some money to bid for SNK properties? Then he could set up that person as a dummy CEO, and guide KNS from the wings!
 
J

Joe McCabe

,
Joined
Dec 27, 2000
Posts
881
Is this one of those things where the name neo geo will replace the name of SNK in a way and everything will be fine? Or maybe I should just stop talking because I do not make sense. <IMG SRC="smilies/ohno.gif" border="0"> <IMG SRC="smilies/eek2.gif" border="0"> <IMG SRC="smilies/loco.gif" border="0">
 
BRANDI

BRANDI

Franco's Trainer
20 Year Member
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Posts
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SNK is Neo-Geo
Neo-Geo is SNK
<IMG SRC="smilies/crying.gif" border="0"> <IMG SRC="smilies/ohno.gif" border="0">
 
rarehero

rarehero

Rotterdam Nation Resident,
20 Year Member
Joined
Jan 12, 2001
Posts
13,392
hahah..
dam capcom..
you dont get none of our shit.
...
was this the plan all along?
fail rehabilitative bankruptcy so he could
get the company back without the debts?
or am i babbling in the wrong direction?
 
Daisuke Jigen

Daisuke Jigen

R.I.P.,, Dear Friend,
Joined
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Posts
4,577
Originally posted by rarehero:
<STRONG>
was this the plan all along?
fail rehabilitative bankruptcy so he could
get the company back without the debts?
or am i babbling in the wrong direction?</STRONG>
Click to expand...

I think you may have hit the nail on the head.

If he could not legally buy the properties himself, he could have someone else buy them with his money. Then they could sell the properties to him for a 100 yen coin. Whip up a new name, and get some programmers, and the new KNS is born!
 
F

Fran

today forever
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Posts
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Originally posted by BRANDI:
<STRONG>SNK is Neo-Geo
Neo-Geo is SNK
<IMG SRC="smilies/crying.gif" border="0"> <IMG SRC="smilies/ohno.gif" border="0"></STRONG>
Click to expand...

<IMG SRC="smilies/frown.gif" border="0"> <IMG SRC="smilies/frown.gif" border="0"> <IMG SRC="smilies/frown.gif" border="0">
 
H

Hakkun

Guest
IMHO SNK will be bought by a company that will only release MVS... <IMG SRC="smilies/ohno.gif" border="0"> <IMG SRC="smilies/frown.gif" border="0"> <IMG SRC="smilies/crying.gif" border="0">
 
J

JHendrix

Jello Pudding Pop, Y'know? Like that whole Bill C
Joined
Jun 27, 2001
Posts
9,436
Damn, would have been cool to have Capcom buy the rights, but if we have a company that will make more MVS games. Ok, so I have new ones to get now. <IMG SRC="smilies/smile.gif" border="0">

Peace

JHendrix
 
LWK

LWK

Earl of Sexyheim
20 Year Member
Joined
Jan 5, 2001
Posts
18,070
A dead SNK = a dead neo-geo.
Pull the fuckin plug already... GEEZ...
Would you rather have a vegitable, or a barried legend?
I made my choice...
SNK gave us great games. I will continue to support them. (Buy buying games with the SNK logo..., dead or not)
I do not want games from the next bandwagon company.
There are only two exceptions to dig up the dead.
Exception 1, if your in a horror flick.
Exception 2, if your going to sell the bodies..
Seems Exception two, is all thats keeping things alive...
NIGHT OF THE LIVING DEAD......
Why beat a dead horse?
Hell the horse is so dead, your beating a skeleton lately..
 
P

Power Geyser

Armored Scrum Object
Joined
Oct 19, 2001
Posts
259
I don't understand did he buy the rights to all SNK games including the AOF, FF, LB, SS, MOTW.
what about KoF will it still be a eolith title
Can someone explain this to me
 
Neo Bomber Man

Neo Bomber Man

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Originally posted by Steve:
<STRONG>If I had it my way, the 'new name' would be KNS. <IMG SRC="smilies/smirk.gif" border="0"></STRONG>
Click to expand...

That acronym does actually stand for something, so no. Nothing wrong with something a little different. Better than making a mockery of a legendary name.
 
BRANDI

BRANDI

Franco's Trainer
20 Year Member
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Neo SNK? <IMG SRC="smilies/rolleyes.gif" border="0">
 
P

Parallax

Ninja Combat Warrior
Joined
Sep 8, 2001
Posts
530
WoW that sounds like a good thing Neo will be back but only under a different name. This sounds like an ingenius plan. I hope this is true...


By the way please check out my "Can Somebody please Help with my MVS 1 slot" topic over in the Tech support thread.
 
S

steveold

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Joined
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Posts
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<< That acronym does actually stand for something, so no. Nothing wrong with something a little different. Better than making a mockery of a legendary name. >>

Hmmm, come to think of it, KNS sounds a bit too much like a radio station!
I hope the new name is as slick as a company name such as Konami.
 
W

Wan-Fu

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Posts
467
I think under the circumstances this is the best thing that could have happened. I am relieved that Capcom did not wind up with the rights.
 
B

BrooklynSkin

Morden's Lackey
Joined
May 16, 2001
Posts
372
This could be a great thing for the Neo. I really hope this was all a ploy to get out of debt and all the intellectual properties will be a part of this new company.

I also hope that the game designers , programmers and artists go to this new company.

And finally, mvs is great but lets have a few more AES titles. I intend to buy Metal Slug 3 and Sen Goku from Sean to support AES as soon as I get my first pay check.
 
RyoGeo

RyoGeo

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Aug 14, 2000
Posts
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This sounds like great news to me. If it's the same owner then, hopefully, that means he has the pull to get back some of the same talent. I don't care if it's called SNK or not. It's the teams that matter.
 
T

trieuminator

Guest
Originally posted by RyoGeo:
<STRONG>This sounds like great news to me. If it's the same owner then, hopefully, that means he has the pull to get back some of the same talent. I don't care if it's called SNK or not. It's the teams that matter.</STRONG>
Click to expand...

Ryo,

I did confirm that some employees have voluntarily left, despite the news that they were still in business. This is inevitable considering the unstability of the company. These employees, however, were not programmers, they worked in the front office.

As for the programmers, with the "new" company, actually, it's already been established, it's restructuring will determine who goes where and does what. It's uncertain at the moment and as news develops, I will keep you updated.
 
N

NeoGeoHybrid

Rugal's Thug
Joined
Apr 5, 2001
Posts
92
I agree with wan-fu, this is the best thing that could have happend-if its true. Is neo-? independant of aruze now?
Thank you for the hope Trieuminator
More mvs, more ports!
 
BioMotor_Unitron

BioMotor_Unitron

Global Moderator,
20 Year Member
Joined
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Posts
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I think SNK's new name should be ADK. <IMG SRC="smilies/wink.gif" border="0"> I bet Steve would agree. <IMG SRC="smilies/wink.gif" border="0">
 
E

EX_Andy

Vanessa's Drinking Bud,
Joined
Oct 22, 2001
Posts
1,213
Originally posted by TRIEUMINATOR:
<STRONG>With the bad news, there is good news. We all know that the courts decided on "SNK's" demise and it still remains as such. In the past few days, however, the rights to Neo Geo's products was auctioned off to the highest bidder and to some people's surprise, Capcom was one of them. Fortunately or unfortunately, Capcom lost the bid to the Neo Geo rights.

For those wondering what's going to happen to SNK, well, they are dead....sort of. Who ever takes over the Neo Geo rights, cannot use the "SNK" name, nor would they want to . To use the "SNK" trademark, you would also have to assume all their debts, so the way around this is to establish a brand new company using a different title, yet be able to produce games for Neo Geo. That is the path that Mr. Kawasaki is taking now. I cannot name the winning bidder, but let's just say that Mr. Kawasaki is related to that person. He was not allowed to put in a bid for his own rights, so he had someone else bid for him.

As for the name of the company, it is still confidential, but I am sure some of you out there have heard of it already.

Will there continue to be more Neo games? You bet, at least for the MVS market. As with the home market, each new title's release is on a per game basis, dependent on how popular the title is and what demand we show. There is no doubt that Shawn and his Neo-Geo.com site poses heavy influence on future home releases, so it's up to us members to promote the home market.

The U.S. "Neo" office will still be operational; however, I have not heard news if Apple Photo will continue to distribute games for the MVS market. Obviously, there will be operational changes and the future MVS releases remain uncertain in terms of names of titles, but there will be at least 4 titles after KOF 2001 to be released.</STRONG>
Click to expand...

Can we have a source on this info, please?
 
S

steveold

Guerilla Warrior
Joined
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Posts
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<< I think SNK's new name should be ADK. <IMG SRC="smilies/wink.gif" border="0"> I bet Steve would agree. <IMG SRC="smilies/wink.gif" border="0"> >>

Well, I wouldn't mind. <IMG SRC="smilies/smile.gif" border="0">
But whatever name is almost fine with me, as long as the games, whichever franchises they may be, are good. <IMG SRC="smilies/smile.gif" border="0">
 
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