Bethesda purchases Fallout IP

— 1:04 PM on April 13, 2007

Two years ago, Bethesda Softworks—the company behind the Elder Scrolls game series—announced that it had licensed the rights to Fallout from Interplay and that it would develop the next opus in the franchise, Fallout 3. As Shacknews reports, a recent filing with the U.S. Securities and Exchange Commission reveals that Bethesda has now gone all the way and acquired all intellectual property rights to Fallout from Interplay.

The SEC filing can be viewed here, and it says the sale of IP rights to the game was made for a cool $5.75 million, which Bethesda will pay in three cash installments by the third quarter of this year. As part of the agreement, Interplay has been granted an exclusive license "under certain conditions" to produce an Interplay-branded Fallout massively multiplayer online game. Some of those conditions include Bethesda's requirement that the MMO meet or exceed its own quality standards, and that it be allowed to inspect Interplay's offices and check up on the MMO's development. The title must also be completed before April 9, 2014.

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