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."
PAX would be the exception here.
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
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
It's not that they're (necessarily) run by those with criminal intent. Many conventions started out small and became much larger than their operators ever intended, and these are people with little business or financial know-how. It's a common sight to see conventions collapse due to unintentionally poor management in any field, really.
I'm not the OP either, but can't help thinking this is a use of "prestigious" that I've never seen before.
I was *just* going to say that. From what I've heard, all the reports from PAX have been 100% positive.
I'd really hope on their part that this was a case of someone screwing Gen Con over, which resulted in LucasFilm not receiving their agreed-upon dues, and not the reverse. I don't know the details as to who ran the convention, but I'm sure many of you have been given an estimate- lets say , to renovate your kitchen- and when the smoke cleared, suddenly your bill was twice as large as you thought it would be. For some reason "Power Requirements, Cleaning Costs" pops into my head. It also could be the case, since Gen Con immediately filed Chapter 11, that they might know they are in the wrong, but just didn't have the money to write the check to Lucas Arts, and didn't want to take out a loan to pay them (winding up in more debt).
The lawsuit also seems to be more of a "principle" lawsuit than a "money grab" lawsuit. 150k for "unlawful behavior" is actually being pretty lenient on this scale- and especially when you are dealing with an extremely powerful company with one of the more valuable intellectual properties on the market.
I'm glad that the Gen Con indy convention is still going to go down, though. I'd like to think that not all conventions are run by thieves and liars, even if it is just my choice to be naive.
Dungeon's what?
-1 not first post
Well how do you know all convention organizers are thieves and liars? Do you know them? Just because some conventions are questionably run doesn't mean all of them are. Every aspect of PAX isn't personally run by Gabe & Tycho, but they still call the shots. So if there was anything shady going on they would, and have, excise it immediately.
Really? Do you know the people who run GenCon?
GenCon is owned by Peter Adkison, the creator of Magic and former CEO of Wizards of the Coast. He's a gamer through and through and one of the most approachable guys on the planet of his stature. Peter made plenty off of WoTC's sale to Hasbro to do whatever he wanted - GenCon wasn't lining his pockets by any stretch of the imagination. This is the same man who responded to my unsolicited emails for help starting a gaming company. He answered any question I had, connected me with his personal contacts, and in return - just suggested that I pay it forward. I don't know anything about GenCon's legal issues, but I suspect neither do you.
I don't know the depth of their dealings. But unless you do, perhaps you should refrain from making generalizations. God forbid you ever achieve such a level of success and find people throwing stones at you. Reserving judgement isn't nearly as sensational, but it's often warranted.
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
I thought Richard Garfield created magic.
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.
There are plenty of small non-profit conventions that aren't.
That's because it takes too long to level a Paladin.
"The past was erased, the erasure was forgotten, the lie became truth." ~1984 George Orwell
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.
To be fair, you can only count Peter Adkison as one of the people who helped launch Magic: The Gathering. It was a large project, and the designer is Richard Garfield as another post indicated.
However, the rest of your post is spot-on. I had the pleasure of meeting Peter a few times, and he's a really approachable guy and a true gamer. I've had nothing but positive interactions with him.
I truly hope that the accusations mentioned in the Lucas lawsuit are without merit. However, if there is truth that they didn't donate to the charity as reported, I'd be very disappointed.
Brian "Psychochild" Green
MMO developer's blog
I don't know of the situation either, but in most organizations the owner and those who actually do the running or often different due to delegation and management issues. It could be quite possible he wasn't involved in what transpired and even then one has to really wonder about the whole issue with the donation issue with the charity organization.
That said, it is unknown if his hired hands were thieves with or without his knowledge, but even if there was no malice there appears to be incompetence at some type of financial level to have to go Chapter 11.
"I am the king of the Romans, and am superior to rules of grammar!"
-Sigismund, Holy Roman Emperor (1368-1437)
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.
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
Why? GenCon has had ten months to uphold their part of a deal which included donating proceeds to charity. If they haven't done so by now, then I'd say that legal action was the appropriate course for Lucasfilm to take.
Just because I might like going to GenCon doesn't change that.
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
Why? Well, for starters i don't believe in IP rights.
Er... what?
Lucasfilms shouldn't sue GenCon LLC for allegedly not turning over money specifically raised for certain causes at auction because you don't believe in IP rights?
Hell, $150k of it was supposedly auction money for MakeAWish.
"I'm sorry, little boy with terminal cancer. You don't get your wish because I don't believe in IP rights!" That's cold, dude. Also completely nonsensical. Someone got the auction money. If it was raised in a charity's name, it should have gone to the charity. That's nothing to do with IP.
If you took the time to read the Wikipedia article, you would see that Peter was the head of Wizards of the Coast. Your correct in so much as Richard designed Magic. However, this comes down to who do you give credit to the success of Magic; the person who designed it, or one of the people who were responsible for giving it to the public.
Gizmo
only a cocksucker with a marketing position would chose the latter.
Snowden and Manning are heroes.
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?'
"creator" -- a poor choice of words on my part. It would be more accurate indeed to say that Peter brought Magic to market, and that Richard Garfield was the original inventor.
In any case, I think my points about Peter in general stand.
Peter did a whole lot more than just market Magic. If Garfield had something shrink wrapped and ready to go, he wouldn't have come to Wizards of the Coast in the first place.
That's why it's called a *partnership*. Flame all you want, but both sides need each other, and it's juvenile to suppose that anyone who can bring a product to fruition is some sort of soul-less marketing droid. What a miserable, woe is me attitude that is.
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?
ummm... for what? For tuning over their property to Gen Con to be auctioned off (with a big chunk going to charity)
This part of the lawsuit is pretty cut and dried. LucasFilms gives Gen Con LLC property, property is auctioned for $$, $$'s are not distributed as agreed before auction.
-Stu
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.
Richard Garfield was the original Game Designer.
Wizards of the Coast, then run by Peter Adkinson, published the commercial game product.
I am not exactly known around here as a great believer in imaginary property either, but this has nothing whatsover to do with IP.
GenCon was given by LucasFilm some physical memorabilia, presumably various props from movie sets and the like, as a donation for Make-A-Wish, which GenCon was supposed to auction thus turning them into cash which then was supposed to be donated to the said charity. Instead, they auctioned the donated stuff and kept the money.
I don't know Adkinson, so I can't comment on him personally. WotC was paid 325 million to sell to Hasbro - if I were a majority shareholder, I'd have a tough time turning that down.
You apparently missed how RPGs fell almost instantaneously about 2 years after Magic came out. My college gaming group with almost 100 members and 20 years of existence disbanded because all anyone ever wanted to do was play Magic and they could do that with pickup groups anytime. There's a reason its known as 'crack for gamers' and a reason GenCon has a heavy Magic playing base. Incidentally, I have not been to one since 2 years before Magic existed (and quit playing shortly after the first expansion), so that is hearsay from your comment.
I don't know anything about GenCon UK, but according to google he quit as head of the RPGA because WotC became hostile towards it in 1999, the same year Hasbro bought them. I can see that, having been in similar circumstances - I worked for a company purchased by EDS, a company I disliked when they made a bid and came to despise as an employee (no, I don't work for them anymore).
D&D is more popular than it has ever been, from what I've seen and heard. I haven't played it since second edition, but I have friends that do. Some of the recent rule changes were even put in place by a guy I have a lot of respect for, Jonathan Tweet (one of the designers of Ars Magica).
GenCon isn't passing - Chapter 11 is reorganization and removal of debt. Usually this happens when they can't pay their bills but are still profitable.
It's a quote from Benjamin Franklin (or very similar to one anyway)
He effected a bored affect.