This is a great case study in the way intellectual property rights can be incredibly complicated in this modern financing age.
We reported last week that The Sean Daniel Company had closed a deal to turn the upcoming video game "Dead Island" into a movie. I had my sources on the story, and we had our end of the story mostly right. As a few other outlets reported, Union Entertainment was partnered with Daniel on the deal, and it looked like it was set in stone and good to go.
Then Deep Silver popped up saying "Whoa whoa whoa… who bought what?" A subsidiary of German media giant Koch, Deep Silver is indeed the sole rights holder to the "Dead Island" IP, and they had not made a deal to sell those rights.
That doesn't mean our reporting was wrong, or that the other outlets independently reporting the same thing were wrong. It took me a few days to piece together what happened, but it's not the first time I've seen this situation. The rights were represented to The Sean Daniel Company and Union Entertainment a certain way, and they honestly thought they had them pinned down. They were moving forward in good faith, and it seems like the reason Deep Silver went so public with their statement about who owned the rights was to make sure nothing else happens where things are confused or obscured.