Out-of-pocket developers must deal with company's administrators, Jim Scott reveals

Developers owed in Oxygen IP fallout

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.

“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 including Cate West: The Vanishing Files and PDC World Championship Darts 2009.

UPDATE: Rebellion founder 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.

We know this is a very, very sensitive topic and that many of you may want to air your views on it.

But UNDER NO CIRCUMSTANCES will Develop allow libelous comments to remain up… as you can read in our Terms And Conditions.

Also, a quick exception to today’s posting: Any of you placing comments under this particular story must use your real name (and, yes, we can check!).

Thanks for your co-operation.

About MCV Staff

Check Also

I’d Buy That For (More Than) A Dollar: Yannick Allaert at Nacon on their new premium controller for PS5

Yannick Allaert, Head of Accessories at Nacon tells Vince Pavey about their new premium controller option for the PlayStation 5, and why competition and being different are good for the controller biz.