Red 5 insist Webzen were ”failing to properly market” FireFall and want to end their relationship. The Korean publisher says they’ve sunk $25m into it.
The developer has filed for arbitration so that they can end their agreement with Webzen, as well as recover $5 million unspent. The publisher claims to have invested $25 million in FireFall to date and that it’s suffered many delays for the last 5 years.
Webzen are also upset over Red 5 Korea’s press release announcing author Orson Scott Card’s involvement with the IP, when they were preparing their own.
”We have been preparing to reveal at G-star 2011, but we heard Red 5 Korea is trying to attend G-star 2011 independently with FireFall” said a Webzen representative. ”So we decided to take a legal action.” G-star is a Korean-based videogames convention.
Is the development of Red 5’s FireFall now in jeopardy?
