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Posts tagged my-baby

SouthPeak claims creditors used press to 'paint a negative picture' of the company

Throughout 2009 and 2010, SouthPeak's legal struggles made headlines. From the sweeping claims of unpaid work following the buyout of Gamecock Media Group to the lawsuits brought on by various companies that had done business with SouthPeak, a less than favorable image of the Texas-based game...

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Stark SouthPeak Q1 financials due to My Baby issues

SouthPeak's first quarter results saw the shaky publisher report a net loss of $1.2 million, compared to the $687K profit it reported during the same time last year. Revenues during the period were $1.4 million, a steep drop from the $16.7 million reported in the previous fiscal year. The...

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SouthPeak says CDV dispute is resolved, wasn't cheap

SouthPeak Games CEO Melanie Mroz told investors this week that the ongoing legal argument between her company and distributor CDV has been resolved, and while full terms of the agreement weren't released, SouthPeak attributes a solid chunk of its $5.8 million in losses to the legal issues. Mroz...

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SouthPeak to stop selling 'My Baby' during legal issues

While SouthPeak continues its legal dispute with My Baby developer Nobilis and publisher Majesco over the rights to the franchise and My Baby 3, the publisher will discontinue selling My Baby Girl and My Baby First Steps. SouthPeak Chairman Terry Phillips stated in an investor call today, "We...

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Nobilis fires back at SouthPeak over My Baby IP, blames lack of payment for Majesco move

Responding to recent legal action between former My Baby franchise publisher SouthPeak Games and new publisher Majesco Entertainment, My Baby developer (and IP owner) Nobilis has placed blame for the move on "uncured breaches from SouthPeak, notably for non-payment." In so many words, it appears...

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SouthPeak suing Majesco over My Baby 3

Joystiq has confirmed with SouthPeak Games that the company has taken legal action against Mama game publisher Majesco Entertainment, specifically regarding the right to publish My Baby titles in the United States. The litigation was spurred by an announcement last month that Majesco would be...

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SouthPeak gets $10 million loan while losing biggest moneymaker

Outside of looming legal battles and down year-over-year revenues, SouthPeak recently received a $10 million "asset-based line of credit" that extends until February 28, 2012, reports IndustryGamers, effectively replacing an $8 million line of credit previously secured. We're not quite sure what...

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'My Baby' sold by SouthPeak -- one million times

SouthPeak Interactive may be a little wobbly on paper and in the courtroom, but its My Baby franchise was born to run. The publisher's three My Baby games have sold over one million units in the US and Canada. Yes, one million units over three games may not sound so impressive, but we're talking...

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SouthPeak revenue down 42% year-over-year in second quarter of FY2010

Wake up! After that headline, we saw you start dozing and we wanted to make sure you were with us for the next hundred-ish words of pure, unbridled excitement. According to SouthPeak Interactive's fiscal 2010 second quarter financial results released this morning (which make up the last three...

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