From Slashdot:

"Console Talk has the story on a settlement between Sony and Nintendo over the rights to the "PlayStation" name, which was originally a joint owned copywrite, given to a CD and Cartridge based system to play SNES games. The settlement is for 10% of Sony's proceeds, past and present on the "PlayStation" name, currently amounting to approximately $2.3 billion. Nintendo is allowing Sony to pay it off in installments over the next 20 years. Nintendo currently plans on using the money to create a new game studio comprised of members of some of the biggest in the japanese industry, in order to create titles exclusively for the GameCube."





10% of proceeds past and present for using the name? Feck, and we moan about speeding being unfair ;)

I'll get me coat - it's a wind up by the looks of it.. Sorry :)

I'll delete the post for 10% of your wages... ;) :D

I think I'll live with the humiliation, thanks all the same ;) :D

Chris - you'd do that for 27 pence then ;)

HA HA HAAAA HA HA HAAA!
That'll teach Sony.

If true, poetic justice that. Getting your competitor to pay for your product development.

is it real or fake then?