Newsbrief: Bodily media firm (and recreation writer) iam8bit is suing its enterprise accomplice Skybound Recreation Studios, alleging that the latter dedicated fraud, failing to supply correct monetary studies based on contract.
As reported by Engadget, the 2 firms started a partnership in 2021, however iam8Bit is now accusing Skybound of conducting a “multi-year accounting scheme.”
The grievance, filed in LA Superior court docket, consists of accusations that Skybound Video games “padded its bills with hundreds of thousands of {dollars} in faux line gadgets” and that “Skybound failed to supply the month-to-month studies as agreed.”
It additionally accuses Skybound of interfering with a deal iam8Bit was engaged on for promotional supplies for indie darling Stray, claiming “Skybound used confidential details about iam8bit’s royalty cut up with [publisher] Annapurna Interactive to chop out its enterprise accomplice,” and likewise claims Skybound produced “’virtually actual copies’ of its artistic output for advertising and marketing.”
iam8Bit began up in 2005, ultimately evolving right into a storefront for premium bodily editions of video games, soundtracks, and different collectible gadgets. It additionally publishes video games below its iam8bit Presents imprint, together with Escape Academy. Skybound Video games Studios additionally lists Escape Academy amongst its publishing achievements.
