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Alexis Valentyne
Federal Assistance Bureau
1133
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Posted - 2013.05.13 15:43:00 -
[1] - Quote
Passari GÇô Echelon Entertainment has completed its auction of assets and intellectual property in an effort to save parent-corporation Kaalakiota Corporation from future loan defaults. In total, the corporation has sold off approximately 35% of its physical assets and 55% of its intellectual property catalog.
The largest buyer has been Echelon-rival Nugoeihuvi Corporation, which purchased several of Echelon's more prominent holoreel rights and current affairs series, as well as the Caldari Financial News channel and This is the State program. Nugoeihuvi released a statement saying it plans on GÇ£retooling many of the current properties to fit the NOH brandGÇ¥ while assuring consumers GÇ£disruption to your favorite programs shall be minimal as we bring our expertise to the situation.GÇ¥
Other items were snapped up by a variety of buyers, including the other five megacorporations, Amarr Certified News, Egonics Inc, Impetus, the Scope, and several private buyers, including one Amarr Holder who purchased all rights to a holoreel series on animal husbandry.
Echelon stock sharply dropped in response to the sales, as industry analysts claim the loss of rights will cost Echelon billions of ISK in revenue. Echelon itself has released a statement saying it has GÇ£divested itself of properties which were waning in valueGÇ¥ while the corporation plans on GÇ£refocusing on a body of work which has been trimmed of needless fat.GÇ¥
Source I seem to smell the stench of appeasement in the air. |

Quinzel Nikulainen
Kokako Acquisitions
211
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Posted - 2013.05.13 15:53:00 -
[2] - Quote
By the book. Ex-Kaalakiota citizen. Ex-Hyasyoda citizen. CEO of-áK+îKAK. Despite her corporate journey, Quinzel now subscribes to the leanings of the Practical bloc.-á |

Raziphan Rebular
Polished Diamond Industries
55
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Posted - 2013.05.13 16:01:00 -
[3] - Quote
So does this mean we get more A Game of Drones episodes now? |

Magnus Ituin
Golden Ring Salvage and Industry.
3
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Posted - 2013.05.13 16:26:00 -
[4] - Quote
Raziphan Rebular wrote:So does this mean we get more A Game of Drones episodes now?
I hope so, that show is awesome. |

Stitcher
Re-Awakened Technologies Inc
1302
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Posted - 2013.05.13 16:29:00 -
[5] - Quote
I considered bidding on it, but figured it was probably going to be worth more than I could afford. An in-character blog and a video: http://verinsjournal.blogspot.com http://www.youtube.com/watch?v=tu1mbsgo738
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Akrasjel Lanate
Naquatech Conglomerate
1131
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Posted - 2013.05.13 17:05:00 -
[6] - Quote
Good to see The Scope and Impetus helping Heth with his financial problems. |

Berluth Luthian
Meltdown.
68
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Posted - 2013.05.13 17:22:00 -
[7] - Quote
So NPC factions actually do have stock in the game...anyone paying attention to whether the shares of which corp owns what actually changed?
I'm wondering if this may mean that the share system will be being focused on...? |

Silas Vitalia
Nobilita Nera JIHADASQUAD
865
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Posted - 2013.05.13 17:55:00 -
[8] - Quote
Alexis Valentyne wrote: Other items were snapped up by a variety of buyers, including the other five megacorporations, Amarr Certified News, ...
This is the part of the story to take note of.
I expect many .... subtle changes to programming to begin in earnest. Sabik now, Sabik forever |

Fredfredbug4
Eve Defence Force Tribal Band
939
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Posted - 2013.05.13 18:15:00 -
[9] - Quote
With this recent purchase. Fred Fred Frederation and other Scope News Network programs will no longer be blocked in Patriot Bloc owned stations and worlds!
Watch Fred Fred Frederation and stop cryptozoologist! Fight against the brutal genocide of fictional creatures across New Eden! Is that a metaphor? Probably not, but the fru-fru- people will sure love it! |

Kalanaja
Dog Nation United ProtoStar Federation
39
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Posted - 2013.05.13 18:30:00 -
[10] - Quote
Berluth Luthian wrote:So NPC factions actually do have stock in the game...anyone paying attention to whether the shares of which corp owns what actually changed?
I'm wondering if this may mean that the share system will be being focused on...?
(It's called rp fluff, also IGS is in character. If CCP were doing anything to corp shares then it would be devblogged)
I haven't watched much of Echelon's lineups. I have seen A Game of Drones though. And that one show on the Raata Empire. I'm waiting for one of the networks to maybe go further into pre-space flight and make historical drama on maybe Matar or even the Gallente. |
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Kytre Aurgnet
Better Hide R Die EVE
9
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Posted - 2013.05.13 22:01:00 -
[11] - Quote
Quote:...including one Amarr Holder who purchased all rights to a holoreel series on animal husbandry. Why did I laugh a bit at this?
But anyway, maybe I can get some of their better shows at a reasonable price now... |

Kirjava
Deep Core Mining Inc. Caldari State
5809
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Posted - 2013.05.13 22:27:00 -
[12] - Quote
Magnus Ituin wrote:Raziphan Rebular wrote:So does this mean we get more A Game of Drones episodes now? I hope so, that show is awesome. Agreed, though I think that the exiled Ammarian heir is the true successor to the throne. her loyal Minmatar horde certainly believe so.Kytre Aurgnet wrote:Quote:...including one Amarr Holder who purchased all rights to a holoreel series on animal husbandry. Why did I laugh a bit at this? But anyway, maybe I can get some of their better shows at a reasonable price now... A pity the more technically literate Gallente merely utilize sophisticated softare to pirate the material 
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. /S¦¦GùòGÇ+GÇ+GùòS¦¦\ |

Larissa Newport
The Black Talons Chapter Company of Spacefarers
1
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Posted - 2013.05.13 22:57:00 -
[13] - Quote
Fred Fred Frederation? A Game of Drones? Animal Husbandry 101's? My dear, the time you all must have to be able to see all those shows. I think I need to get back into mining again also. -- Chaos always wins, it is simply better organized. |

Xindi Kraid
The Night Wardens Viro Mors Non Est
462
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Posted - 2013.05.13 23:34:00 -
[14] - Quote
Given who heads Echelon's parent company, I am surprised Gallente corporations were allowed to bid.
I wonder what this means as far as competition goes in that market segment. NoH and Echelon were rivals in the entertainment space, and now one of them has partially been bought for the other. Lack of competition removes important market forces. |

Cipher7
Sebiestor Tribe Minmatar Republic
23
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Posted - 2013.05.14 14:38:00 -
[15] - Quote
I encourage whoever bought rights to "Ice Field Truckers" to continue the series, it's my clan's favorite.
Thanks. |

Silas Vitalia
Nobilita Nera JIHADASQUAD
865
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Posted - 2013.05.14 14:45:00 -
[16] - Quote
One of my acolyte's stated she was an ardent fan of "The Real Noble Wives of Amarr Prime."
This was put to and end. Sabik now, Sabik forever |

Veikitamo Gesakaarin
Pyre Falcon Defence and Security Pyre Falcon Defence Combine
312
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Posted - 2013.05.15 03:35:00 -
[17] - Quote
For Chief Executive Heth who speaks of his belief in the primacy of Caldari interests, it is rather interesting to watch as he divests subsidiary corporate assets and intellectual property to foreign enterprises due to the ditch he has buried Kaalakiota in. Yet another case where the rhetoric does not match the reality. Another display of Executive incompetence. For all Heth-haan's talk of being a worker's advocate he seems rather unable to actually justify his position as CEO of Kaalakiota, and in fact has driven it, by all objective accounts into a position worse than before the recession and his takeover of the company -- all the more galling because it is only Kaalakiota which now risks fiscal insolvency when compared to other CEP members, as such the only conclusion to be drawn is that the fault lies solely upon the shoulders of CEO Heth for the weakening of the company's position.
Of course, this is already evident to anyone not part of CEO Heth's inner circle of corrupt cronies in the Kaalakiota. Ironic since the man promised a return to meritocratic values and who instead now appears to appoint people to positions of authority inside the company not on their actual ability, but on personal loyalty to himself and the CPD. With the end result that there is now only debt, lack of liquid capital, a depreciation of the KK scrip and the current firesale of subsidiary assets to keep the company alive in the face of the vicious cancer eating away at its strength named, "Provist".
Heth signed a promissory note to the citizens and workers of Kaalakiota, yet today it is clear both his financial and moral coffers have come up empty for the hero of the common man he has sought to portray himself as has been revealed as nothing more than a corrupt charlatan, a liar, a fraud, and an incompetent corporate leader out of his depth. And it is those very workers of Kaalakiota who he lied to, whose trust he has betrayed, who will now have to pay the price for his failures as a leader.
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Andreus Ixiris
Mixed Metaphor
2636
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Posted - 2013.05.15 05:18:00 -
[18] - Quote
The Federation is an insidious parasite destroying the culture of the Caldari people.
... let's sell them some of our entertainment assets! Mane 614
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Bataav
Intaki Liberation Front Intaki Prosperity Initiative
189
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Posted - 2013.05.15 11:41:00 -
[19] - Quote
Andreus Ixiris wrote:The Federation is an insidious parasite destroying the culture of the Caldari people.
... let's sell them some of our entertainment assets! An excellent opportunity for Egonics Inc., Impetus and The Scope to prove the critics wrong, then.
Will these companies acknowledge the existing customer base for their newly acquired entertainment portfolio? Or will audiences experience a slow and subtle change in programming, so that State prime time viewing reflects that of the Federation, along with the obligitory Quafe commercials every 10 minutes?
Bataav en Gravonere IPI & ILF Diplomat
Intaki Endures! |

Svetlana Scarlet
Caldari Independent Navy Reserve The Fourth District
108
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Posted - 2013.05.16 01:55:00 -
[20] - Quote
I have no idea why NOH bought This Is The State -- it's been a laughingstock since Heth took the helm of Kaalakiota and turned it into a propaganda tool for his administration. Nugoeihuvi's Games of State was the far superior program anyway, and at least maintained a respectable amount of balance. Perhaps they will just give Savalenta another broadcast outlet.
And whoever wrote that article seems to have miscounted the number of megacorporations...unless I'm mistaken, eight minus Kaalakiota minus Nugoeihuvi is six, not five. Another excellent reporting job from those fine journalists at the Scope... |
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