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Thread
:
If Megalopolis Goes Under?
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02-17-2021, 07:08 PM
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5
Trivial Psychic
Join Date: Jul 2013
Location: Tucson, AZ
Posts: 4,533
Quote:
Originally Posted by
Wheeljack
So, this was brought to my attention, and it's unfortunately convincing.
https://dockets.justia.com/docket/ca...cv01024/809488
It seems Megalopolis has been sued for not delivering on figures and not refunding customers, which could mean they'd lose their licenses to make Premium DNA figures based on such properties as Madballs, Barnyard Commandos, and games from Rare Ltd. and Interplay.
If that happens, what next? Does it mean those figures will never come to fruition? Or will the original rights holders just get different toy companies to make the figures?
There was a ton of hissing from customers having issues with Megalopolis (myself included) screaming "BUYER BEWARE" at the time these preorders went live for their own lines, so if you chose to ignore that hissing and have a ton of money wrapped up in them, it's hard to feel sympathy for you. I do however wish you the best in getting your money back at the very least, if not the product that you actually paid for...
Megalopolis is gonna have some rough times coming to them, as Entertainment Earth is not the only company coming for their head from what I have heard and gathered. I'd consider them to be dead at sea and just waiting to be scuttled at this point.
As for the licenses...who knows what fate they might have? It all depends on the contracts that were signed. The rights could just revert back to their original owners, or they could possibly stay with Megalopolis depending on what was agreed to. I remember a similar issue arrising with Capo Toys failed Street Fighter launch a number of years ago...to which another young toy company at the time called Storm Collectibles ended up grabbing shortly afterwards, and they have been producing SF figures (and a bunch of others) ever since.
Then again...the Street Fighter license is a giant brand that has a loyal worldwide fan base, whereas Barnyard Commandos and Battletoads...more than likely not so much. Almost anyone with access has played a Street Fighter game at least once in the past 30 years. Not everyone can say the same of Clay Fighter or Battletoads.
Even if the rights go to another company to produce, they might look at what the pre-sales were for them under Megalopolis, and could determine it's just too niche of an avenue to pursue and be successful with (which I honestly think they are.) Outside of a kickstarter project, the only "major" company I could see touching it would be Super 7, (as they deal largely in nostalgia) but their plate is gonna be very full in the next few years, especially with all of the recent line announcements, not to mention licenses (such as Transformers and Power Rangers) they are now paying for.
Last edited by Trivial Psychic; 02-17-2021 at
07:11 PM
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