
Out-of-pocket developers must deal with company's administrators, Jim Scott tells MCV
The ‘new’ owner of Oxygen’s assets has told MCV that developers have been left out of pocket following the firm’s fall into administration.
OG International purchased Oxygen’s IP and stock after the firm went into administration this week.
The international sales and distribution firm is headed by Jim Scott – Oxygen Games’ former CEO.
Scott admitted to MCV that studios were owed payment
by Oxygen – and must now deal with administrator FA Simms & Partners.
“Obviously, we’ve only bought the assets, so any creditor would have to speak to the administrator [about Oxygen’s debt],” he said.
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“I’m not involved with the company now. I don’t think there were many developers owed [money], to be fair.”
Oxygen Games developers included Rebellion Studios, Magellen Interactive and Destineer Games, who produced titles such as Cate West: The Vanishing Files and PDC World Championship Darts 2009.
UPDATE: Rebellion founder and CEO Jason Kinsgley has told MCV that the firm had been fully paid by Oxygen before the firm collapsed.
Scott told MCV that OG International distributes both software and hardware to over 250 retailers around Europe.
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Comments
What about the other debts?
So the 'old' Oxygen owes money to a design/creative agenciy and GfkChartTrack that I directly know about. It will be interesting to see how many pennies in the pound they will be paid. Jim Scott what's your view on that? No longer your responsibility I suppose???
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