Gen Con Files For Chapter 11
Heartless Gamer writes to tell us that Gen Con LLC announced late last week that they have filed for Chapter 11. This move will not affect the still profitable Gen Con Indy event which will still happen August 14-17, 2008. "This action became necessary as a result of significant unforeseen expenses associated with attempts to expand its core business to encompass externally licensed events. [...] The protections afforded by Chapter 11 will allow Gen Con to further its efforts to address its liquidity needs, preserve value for its creditors and explore strategic alternatives for the business." Evan writes to add that this is the result of LucasFilm suing GenCon.
Just FYI, this filing is a direct result of Lucasfilm suing Gen Con for a lot of deception regarding "Celebration IV" that occurred last year.
As taken from this story on TheForce.net, here is a summation of the charges:
1. Gen Con failed to uphold its legal obligations in terms of financial reporting, accounting and payments to Lucasfilm ($500,000 in damages)
2. Gen Con did not give auction proceeds to Make-A-Wish as they had agreed to do ($150,000 in damages)
3. Gen Con did not give Lucasfilm their share of the auction proceeds ($150,000 in damages)
4. Gen Con did this all unjustly ($150,000 in damages)"
I guess Gen Con failed the saving throw.
"Even for Slashdot, that was a very obscure reference!" - Anonymous Coward
that this might, JUST might, get them to move GenCon back to Milwaukee where it belongs?
I mean, seriously - they bitched and moaned about "not enough hotel space" being the prime factor when by moving it just one weekend later they WOULDN'T HAVE TO COMPETE FOR HOTEL SPACE WITH FUCKING WISCONSIN STATE FAIR.
Then the very next year at GenCon Indy - "not enough space in the dealers' room, we're growing out of all the hotel space we can find in Indy..." bah.
Move it back to Milwaukee where it belongs. I miss taking my buddies to The Safehouse.
This has been seen coming for a while. GenCon SoCal failed a few years ago, and the mega-convention scene is becoming larger. GenCon doesn't quite have the exclusive draws it used to have. Let's hope we see a refocus on becoming a destination for all gamers.
"Teach a man to build a fire, and he's warm for a day. Set a man on fire and he's warm for the rest of his life."
ALL "conventions", no matter what industry/hobby they are about, are run by thieves and liars. Seriously.
I bet you like assing iton. Take your Klingon talk somewhere else, tard!
I'm making a note here... HUGE SUCCESS!
Silly troll. Gen Con is one of the oldest, biggest, and most prestigious gaming conventions in the world. You know, Dungeon's and Dragons? Video games? Oh, why do I even bother, you're just being insulting to get a rise out of people. Even if it was a furry/anime/cosplay thing, why do you care? No one is rubbing your face in it, making you watch. Do you hate America? You know, land of the free? Do you hate that people are free to do what they want? Would you like to tell everyone what they can and can't do? Why are you even on this site? Go back to freep or AOL or the foxnews forums or whatever dung-heap you crawled out of, Slashdot is not the place for the likes of you.
There, you got a rise out of me, are you happy now?
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
Haha - I'm not even the OP, but I am happy that they got a rise out of you.
And yes, I do sometimes hate America. I want people to be sad and miserable!
(Applause)
If what LucasFilm says of GenCon, then they need to be crushed. Stealing money from dying children? It would be very difficult to do something more scummy.
-- Will program for bandwidth
I'm not the OP either, but can't help thinking this is a use of "prestigious" that I've never seen before.
you shouldn't have bothered, if you look at his history he's a career troll always sitting at -1 with 5 pages of freaks. nothing to see here move along.
Who is Will? Is his till now empty?
Dungeon's what?
-1 not first post
Flop could be an understatement. Nobody I know is interested in 4th Edition despite all the Gleemax and related hype. The canceling of Dungeon magazine and Dragon magazines to pursue this online bastard child of Dungeons & Dragons and World of Warcraft has left a fair number of people with a bad taste in their mouths.
The Milwaukee GenCons were a thing of legend. It blew my mind when they were moving it. If I were a spiteful person, I might be happy about this news. But I'd rather they just come back home. Where they belong.
Oh man, my finger slipped. You know, the apostrophe, it's so close to the... ah... Look over there! It's Bigfoot!
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
Gen Con LLC: You will not find a more wretched hive of scum and villainy.
Peter Adkison owns GenCon.
Hasbro owns Dungeons & Dragons.
Hasbro bought Peter Adkison out of Wizards of the Coast (who owned D&D) over half a decade ago.
In this economy (wake me up when I have a steady job) I can maybe go on Saturday, and I won't really have much advance notice. So a six hour drive each way, and they want half the full conference fee just for the privilege of going to the dealer area for one day...er, make that one afternoon. Fsck that!
My other car is a 1984 Nark Avenger.
Dungeons and dragons? Wasn't that the game that pirated the idea from the movie "Monsters and Mazes"?
while representine GenCon
"maybe the kids wanted to be robbed....maybe that was their wish..."
no idea why that image popped into my mind.
And nobody is better than gamers at being petty and political when in large groups. I've been involved in the local science fiction convention crowd and I've never known a more incestuous, aloof, and petty bunch of people. Most visitors to the cons missed the point of about half of the events at the cons because they were all what amounts to pretty large circlejerks for the organisers. And yeah, some of them were furries. I'm not sure people like that should be trusted to run large events.
I'm going to jump up and say, yeah, as an Australian, I don't really like America. I'm more free than Americans, so I live in a land more free than the land of the free. Cute, huh? So, we got a four digit telling people on the "internet" that Slashdot is only for people who love America huh? That's a good one. If you were truly free, and truly believed in freedom, you'd respect other people's opinions a lot more than you do. And you sure as heck wouldn't stoop down so low from your 4 digit ivory tower to wrestle in the mud arguing on the internets.
Anyway, I digress. The Gen Con people messed up pretty bad. Colossally bad, I might say. From one of the linked articles:
1. Gen Con failed to uphold its legal obligations in terms of financial reporting, accounting and payments to Lucasfilm ($500,000 in damages)
2. Gen Con did not give auction proceeds to Make-A-Wish as they had agreed to do ($150,000 in damages)
3. Gen Con did not give Lucasfilm their share of the auction proceeds ($150,000 in damages)
4. Gen Con did this all unjustly ($150,000 in damages)
I don't want people who fleece the Make-A-Wish foundation, either through incompetence or malice, to be responsible for things I care about. People capable of that ineptitude are not "most prestigious". Nonetheless, the undeserving will always remain in positions of power. You don't always get what you want, but in a free country you should be entitled to try get it.
I am government man, come from the government. The government has sent me. -- G.I.R.
D&D and GenCon are owned by entirely different companies, and have no business connection whatsoever any more.
Which means we get to watch two companies crash and burn instead of just one.
To my boycott list.
---- Booth was a patriot ----
Who?
What?
If you want to Mod me a Troll, at least make it a flaming troll. You know with red hair, beady eyes, buck teeth, and nekked.
I thought it humorous.
Beer is proof that God loves us and wants us to be happy.
Heh. You know, I've never been to one of those things? I love sci fi, fantasy, and gaming, but I wouldn't go to a convention. I can't stand fanatics of any stripe, and I don't like (all male) circle jerks.
You do get that I was making fun at tjstork's expense, right? Slashdot is not only for people who love America. I wasn't saying that at all. I respect other's opinions, IF that opinion is worthy of respect. I respect people's right to have and share an opinion, too, but if my opinion of their opinion is that their opinion sucks donkey balls, I'm going to share that too. And tjstork's opinion amounted to, "haha, what a bunch of dorks."
I love America, the concept. I'm pretty fond of the country. The people I can take or leave, and the government can go stuff itself in the wrong end of a sheep.
As for Gen Con, if the allegations are true, yeah, they screwed up. But back in the day, it wasn't just the most prestigious, it was the only gaming convention. You know, when it was in Gary Gygax's living room, and a few years after that.
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
Heh, I admire the indignation, but you do realize that to the rest of society the Dungeons & Dragons and furry/anime/cosplay crowds are nigh indistinguishable?
(yes, I'm one of the people who would've appreciated a line in the summary about what the hell GenCon is)
sic transit gloria mundi
Really? Because in the 4 separate D&D groups I play with, everyone is pretty excited for it. Killing Dungeon and Dragon magazines pissed off a lot of people, but the game mechanics that they're changing for 4th Ed seem like pretty good moves.
Gen Con FAIL! http://wwwfail.com/?url=http%3A%2F%2Fwww.gencon.com%2Fimages%2FCorporateLogo.jpg
I'm sure this story would be much more interesting with some context. Even TFA has none. Excellent obfuscation.
Perhaps some simple explanation of terms in the submitted story would be good.
I'm surprised the first comment isn't 'WTF is Gen Con?'
Liberty for who?
Who are Gen Con? What is Gen Con indie? Why is Lucas suing them?
Is it too much to ask for you to put a summary of the story in the summary?
I'm getting tired of every designer interview masturbating about how great WoW is and all these wonderful mechanics they've adopting. Fuck them. For every good change they've made in 4e they've made two shitty ones. Hell, I won't be surprised if modules in 4e are called "instances".
Ya know, me an' my buddy were just a sayin', ya know, whatever happen ta GenCon? An' he was like, oh, geez, well I tink they went southa here, ya know, not Chicaaago, but Indiaaana. An I was like, wha? Wha the heck dey go to Indiana fur? Oh geez. Nothin' down der but ... well, cornfields, an de Indy five huntert. Shucks. I dunno why da heck dey'd leave Wisconsin!
:D
And in other news, my bid for the Milwaukee County Board may wrap up today on primary day. We'll see.
-- haaz.
It's a quote from Benjamin Franklin (or very similar to one anyway)
He effected a bored affect.