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News   News : Amiga fails to deliver cash, loses naming rights to Kent arena
   posted by bloodmoney on 31-Jul-2007 9:37:21 (8390 reads)
The city of Kent dumped tech company Amiga as naming-rights sponsor for the city's planned hockey arena after the company failed to deliver a promised down payment Monday.

Amiga was supposed to pay $2.5 million by 5 p.m. to secure the $10 million, 20-year naming-rights deal for what would have been called The Amiga Center at Kent.

http://seattletimes.nwsource.com/html/localnews/2003813881_kentarena31m.html
    

STORYID: 3870
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Mr-Z 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 17:12:58
#21 ]
Regular Member
Joined: 24-May-2005
Posts: 188
From: De Keistad, Netherlands

I hope this helps Hyperion in their case to win it in Hyperions favour

And what is it with people named Bill and being up to no good ?


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jorkany 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 17:33:40
#22 ]
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Joined: 1-May-2005
Posts: 920
From: Space Coast

I'm surprised more people aren't happy about how this ended up. Now all the money that would have gone into the naming rights can be used for OS4 development!


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jthomas 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 17:48:28
#23 ]
Member
Joined: 20-Sep-2003
Posts: 62
From: Treviso (Italy)

could be shocked but surely not surprised.

Last edited by jthomas on 31-Jul-2007 at 05:49 PM.

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Mr-Z 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 18:04:52
#24 ]
Regular Member
Joined: 24-May-2005
Posts: 188
From: De Keistad, Netherlands

There is an e-mail adres of the author at the bottom of the page...
And what if some people here send an e-mail to them about Amiga inc and what most of us think about Amiga inc

Maybe it can help in hyperion in their case


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Oxygenet 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 18:13:01
#25 ]
Regular Member
Joined: 17-Aug-2003
Posts: 267
From: Florida

How would it help Hyperion? That has nothing to do with the contract between them so wouldn't be allowed to be considered, i'm sure of that.

Also, did Amiga BUY the rights to the Amiga or can they be taken back by the company they bought them from? Just curious.

Amiga should definately have their rights to AmigaOS revoked but alas, if they did a full purchase and now own 100% then that won't happen, they should just kill it and let it die already, it's not going anywhere, the OS4 programming team have done a great job but Hyperion (The company) are just as bad as everyone else lately as far as the Amiga name is concerned - and YES, a name IS important as that's how you identify a product (For all those people who have, in the past, said it's only a name).

Sorry, i'm just well p'eed off today with the whole thing. End of my vent.

Chris

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raumfahre 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 18:15:27
#26 ]
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Joined: 7-Jan-2005
Posts: 330
From: England

@ spotUP

Right on man. I absolutely agree

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Niolator 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 18:27:25
#27 ]
Super Member
Joined: 3-May-2003
Posts: 1420
From: Unknown

Most Impressing. I dont know how it works in the UK but such an affair gives very positive publicity the first weeks/months here in Scandinavia. People become aware of the company and they think they are doing well to sponsor a fine town as Kent. Later when they find out that the company is in trouble economicaly and can't pay up (Amiga Inc. in this case), they think something like -"Darned, I really liked Amiga back in the days. I wish I could help them".

As I wrote. A most impressing coup by the Amiga PR-team. I didnt know they had it in them

Last edited by Niolator on 31-Jul-2007 at 06:27 PM.

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ChrisH 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 19:00:52
#28 ]
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Joined: 30-Jan-2005
Posts: 6679
From: Unknown

Quote:
Quote:
Slick wrote: Smart move not handing over $2.5M while in the middle of a court case for an OS they paid for but haven't got.

You really expect us to believe that on April 17th when they made the naming deal that they were not preparing for the lawsuit they filed on April 26th? LOL!

I do think they (foolishly) thought Hyperion would just roll-over, and give in to their lawsuit (and their 3+ expensive lawyers). It turns out that Hyperion wasn't bluffing, and is making a pretty decent defense, so it's not much surprise they've had to change their plans.

But this does SEEM to signal that Amiga Inc feel they might loose the case - or at worst they may even be planning to loose the court case (but still keep it going for as long as possible, until Itec can win their own court case against Hyperion).


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NomadOfNorad 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 19:12:06
#29 ]
Cult Member
Joined: 2-Jun-2003
Posts: 746
From: Jacksonville, Florida, USA, Earth, Sol system, Milky Way galaxy

@ChrisH

So what is the possibility of the Itec lawsuit falling apart like the Amiga Inc one is? If it's all part of the same deceptive fun-and-games by the same guys behind Amiga Inc...


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ChrisH 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 19:23:55
#30 ]
Elite Member
Joined: 30-Jan-2005
Posts: 6679
From: Unknown

@NomadOfNorad
As someone has previously said, every lawsuit is a gamble - you never know how it's going to turn out. So two law suits doubles your chances of winning!

But I do hope the Itec suit is disallowed, so that the AI vs Hyperion case can settle it once-and-for-all.


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nzv58l 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 20:18:59
#31 ]
Super Member
Joined: 7-Oct-2003
Posts: 1640
From: Michigan

So what are they going to call the rink now? The Hyperion Center!

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ssolie 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 20:22:07
#32 ]
Elite Member
Joined: 10-Mar-2003
Posts: 2755
From: Alberta, Canada

Quote:

Kent City Council President Deborah Ranniger shrugged off the failure of the naming-rights deal, saying it was a minor part of the arena project.

That says it all really...


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-Sam- 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 21:06:50
#33 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3035
From: Yorkshire Dales, United Knigdom

@ _PAB_

Quote:
I am not shocked and not very surprised...


I didn't think I needed to mark out the sarcasm on this one.


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Nihilvor 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 21:13:47
#34 ]
Member
Joined: 17-Mar-2004
Posts: 41
From: Unknown

Well, the Kent City Council would downplay it. They certainly have egg on their face.

I'm sure that Amiga really wanted the naming rights. I don't believe that they are really trying purposely to sink their IP, etc. However, it seems apparent that they didn't have the money in hand, and weren't going to get it anytime soon. Who is going to invest the cash in a company with one partner bankrupt (Tao) and with a brand new OS that they might not even have the right to distribute?

Last edited by Nihilvor on 31-Jul-2007 at 09:14 PM.

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_PAB_ 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 21:19:27
#35 ]
Regular Member
Joined: 20-Sep-2003
Posts: 189
From: Germany

@-Sam-:
And I couldn't resist to make some contrast with no sarcasm and no irony...


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number6 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 21:41:12
#36 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11587
From: In the village

From the article:

Quote:
Kent City Council President Deborah Ranniger shrugged off the failure of the naming-rights deal, saying it was a minor part of the arena project.


You commented:

Quote:
That says it all really...


True, since they are already advertising for a new sponsor through an appropriately named link:
http://www.ci.kent.wa.us/newsreleases/eventscenternaming.asp

However, the sequence of events making the money possible in the 1st place was:
Quote:
After several weeks of discussion, Amiga signed on for the naming rights to the center. Gov. Christine Gregoire included $3 million in her proposed budget.


It this was a game of bridge, the State governor and state legislature's basis for decision would trump the "blow off" statements of a City Council President by a long shot. The vote FOR funding in the state legislature, followed the above statement chronologically.
Ergo, if the vote to approve funding for the project in the legislature was partially based on the securing of naming rights, someone has some "egsplaining" to do.

#6


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ssolie 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 31-Jul-2007 23:56:14
#37 ]
Elite Member
Joined: 10-Mar-2003
Posts: 2755
From: Alberta, Canada

@number6
Quote:
Ergo, if the vote to approve funding for the project in the legislature was partially based on the securing of naming rights, someone has some "egsplaining" to do.

Accountability? Never heard of it. Change the channel.


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number6 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 1-Aug-2007 0:15:29
#38 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11587
From: In the village

@ssolie

Quote:
Accountability? Never heard of it. Change the channel.


Heh!
It's all just some wrist slapping that goes on in private. Nothing serious.
Just saying there was a bigger force in play than a city council here...

#6


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Nusim 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 1-Aug-2007 0:22:58
#39 ]
New Member
Joined: 30-Jul-2007
Posts: 3
From: Unknown

Quote:
I'm surprised more people aren't happy about how this ended up. Now all the money that would have gone into the naming rights can be used for OS4 development!


Thanks, Dude.

You just made me spray my Digimate LCD with a mouthful of Budweiser.

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fairlanefastback 
Re: Amiga fails to deliver cash, loses naming rights to Kent
Posted on 1-Aug-2007 1:04:22
#40 ]
Team Member
Joined: 22-Jun-2005
Posts: 4886
From: MA, USA

Quote:
I do think they (foolishly) thought Hyperion would just roll-over, and give in to their lawsuit (and their 3+ expensive lawyers). It turns out that Hyperion wasn't bluffing, and is making a pretty decent defense, so it's not much surprise they've had to change their plans.


Ok lets look at things from this theory for a moment. So you are saying a company, claiming to have a board of directors, who supposedly have millions in the bank, they decide to name a new arena, when they have no current products to really speak of. They think its going to come down to going to court with Hyperion and have started working with the lawyers seriously at this point. Despite that they are all (or a majority are) in agreement that the case will be easy and that it should affect no other business plans (or at least the naming deal).

Now if things go wrong they are going to go really wrong. Meaning the deal puts them in the mainstream press. Its one hell of a gamble, whether they thought the case was going to be easy or not it all comes down to a simple equation. What positives does the naming deal really offer them versus the mere possibility of the case taking months and it even possibly causing them to pull out of it? Usually when it goes to lawyers I think is when its looking harder, not easier.

And why not a more eloquent exit earlier then?

This stuff about taking the red out people's eyes in photos there and ordering hot dogs from your cell phone, is this really worth having to jump on this arena rather than something else down the line? And with claims of these other peices of technology like AOS5, what does the case about AOS4 really have to do with the technology they planned to show off at this place supposedly?


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