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Nutech Digital Lawsuit Date: 5/31/2005 |
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ANN Spoke to Ken Groove's legal councel regarding their lawsuit against Nutech Digital. There are two principle issues at the core of the lawsuit. Ken Groove claims that checks worth $300,000 bounced becaues of insufficient funds. The checks were written issued by Nutech Digital to cover licensing fees. Additionally, Ken Groove states that Nutech Digital allowed Ken Groove's properties to be streamed online, a right that was not given to Nutech in the licensing contracts. Currently entire episodes can be downloaded from Nutech's website for $9.95. Furthermore, Ken Groove believes that Nutech may be dumping the products on the market at prices lower than permitted in the contract. Ken Groove is seeking an injuction forcing Nutech to cease all activities, including distribution, and a return of the masters to Ken Groove. Ken Groove is also hoping to recuperate the money it is owed by Nutech. It is Ken Grooves intent that Nutech would no longer be able to distribute the titles that had been licensed. The affected titles are: 2x1 Blue Eyes Class Reunion Again Dark Shell Dream Hazard Lemon Heres MaMa Maids in Dream Momiji Momone Chu 2 Pianist Princess Memory 2 Romance - Flash Of The Sword 2 (Romance Wa Tsurugi No Kagayaki II) Shuusaku No Yoru Treasure Since January 2004, Nutech's stock value has fallen from a high above $1 to $.10 currently. According to the company's profile on Yahoo hentai accounts for 59% of NuTech's sales, however the company is moving away from the distribution of animation and refocusing on producing, filming, and distributing popular music concerts. |
| Source: Anime News Network |
