Feeds

EB UK v. EB US

Royalty payments at stake

  • alert
  • submit to reddit

Electronics Boutique UK is going to the High Court to see if it can overturn a royalty agreement with Electronics Boutique.

EBUK, the UK's biggest games software retailer, currently pays one per cent of turnover to EB Inc., of America, in accordance with a services agreement struck between the two firms in 1995. This amounted to £4m last year.

EBUK has taken legal advice to the effect that the agreement is no longer valid, as the recent fall in the Kim family's EBI shareholding to 46 per cent means an effective change of ownership.

It has issued a declaratory action to see if its interpretation is correct. A judgment is expected to take several months.

EBUK and EBI were once allies: now they are looking like competitors, with the two companies racing to gobble up games retailers across continental Europe. ®

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.