We hereby interrupt your regularly scheduled hiatus with this important message.
Bad Juju Games, owner of videogame publishing service Desura, is finally being sold off as part of their bankruptcy settlement.
… As someone who’s published a game or two on Desura, I’m apparently on the mailing list for related legal documents.
The original bankruptcy
announcement realization came back in June, not even a year after Bad Juju bought the service from Linden Labs. After the initial news broke that bankruptcy filings had been made, there was little outside of speculation during the months following. Believe me, I checked—oddly enough, I’d been searching around for information the morning before I received the legal announcement in the mail.
Without giving too many legal specifics, Bad Juju apparently owes around $1.9 million on the loan they took out. The estate will be auctioned off on February 9th, with the starting bid is $275,000, otherwise the loan agency maintains an initial bid of $250,000.
Before you decide to run a Kickstarter to buy back Desura, keep in mind that you wouldn’t just owe the $275,000 purchase price. You’d be buying the entire company…including the debt. Which you would then owe to the loan agency.
So, I guess that’s that. Unless Donald Trump decides he wants to get into the game publishing business, Desura’s going to be sold for scrap and indies will be left with either Steam or itch.io.
With that, we now return you to the hiatus already in progress.