Worst-case scenario, it is.
(delistedgames.com)
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I hate it when companies do that shit. “We hold the intellectual property rights and even though we’ve no intention of using them for the foreseeable future, the possibility exists we might want to use them in the unforeseeable future so we will desperately hold onto them.”
There should be some kind of "use it or lose it" in IP law if the IP is purchased by someone else. The idea of IP is to incentivize creativity by allowing creators to profit from their work, not stifle it by allowing rich pedos to buy and sit on it. It should be released to the creator or the public in cases like this.
The fun part is that most of those IP's are worthless outside of their creators.
Like Star Wars before hand? There was an application system to get into that. People who couldn't get in made their own series. Check out Steven Kent's Clone Series.
I'm also pretty sure this was a big part of how Star Wars got to be as big as it did. Anyone being able to license a book or game, meant there was plenty of content and natural selection meant only the best stuff succeeded. Disney giving EA an exclusivity deal was one of the early signs that they had no idea what the fuck they were doing.
Big company gets big company to make big game. The logic should be sound but it's not.