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Society & Culture
Virtual Legality Episode 70

Shenmue 3, Refunds, and the Power of Market Pressure

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2y Jul 3, 2019
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Though Shenmue 3 Kickstarter backers still won't get Steam keys at launch, an unexpected source has promised to pay for refunds for those put off.

What has Ys Net, Deep Silver, and Epic Games agreed to do in light of the recent controversy?

How does this help Epic, future partners, and fans of Shenmue in particular?

And why does this reaffirm the power of business considerations over and above the "words on the page" found in contracts?

Sometimes the market pays for refunds, in..Virtual Legality.

#Shenmue3 #Refunds #VirtualLegality


Discussed in this episode:

"Shenmue 3 backers won't get Steam keys at launch, but refunds will be available"
PCGamer - July 2, 2019 - Fraser Brown
(https://www.pcgamer.com/shenmue-3-backers-wont-get-steam-keys-at-launch-but-refunds-will-be-available)

"Update On PC Version Rewards"
Shenmue 3 Kickstarter - July 2, 2019 Update
(https://www.kickstarter.com/projects/ysnet/shenmue-3/posts/2553891)

"Epic is funding the cost of all Kickstarter refunds resulting from Shenmue III’s move to the Epic Games store..."
Twitter - July 2, 2019 - Tim Sweeney
(https://twitter.com/TimSweeneyEpic/status/1146103878540308481)


PODCAST VERSIONS AVAILABLE AT

Spotify: (https://open.spotify.com/show/3qsDhQ7h6BR2wLyNQYDWB4)

iTunes:
(https://itunes.apple.com/us/podcast/virtual-legality/id1448785539?mt=2)

SoundCloud:
(https://soundcloud.com/user-510342404)

Google Play Music:
(https://play.google.com/music/listen#/ps/In3d7qersx72lvzehxo7gu6cd5u)


"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

Rick has practiced for more than a decade at some of the country's largest law firms, representing IT, software, video game, and other technology companies, as well as the individuals and institutions which fund them.

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

Any and all feedback is appreciated. Let us know what you think!


Blog, "Rules of the Game", at https://hoeglaw.wordpress.com/

On "Help Us Out Hoeg!" a regular segment on the Easy Allies Podcast (formerly GameTrailers)

(https://www.youtube.com/channel/UCZrxXp1reP8E353rZsB3jaA)

About Hoeg Law

The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.


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