This was predictable.
Bethesda wanted it to go down this way from the very beginning, that's why they made sure the agreement tilted so heavily in their favor.
I can't say I'm unhappy about this, Chris Taylor or no Chris Taylor, I don't trust Herve Caen's Interplay
at all.
Look at it this way, as long as Bethesda has the MMO development rights, chances are it won't get made which is a huge plus for me (yes yes, there's Zenimax Online but they're clearly focused elsewhere).
At this point, there is nothing new here. It's going to resolve down to how much funding Masthead brings to the table.
Why does everyone assume Masthead is funding anything? That wasn't in the press release from Interplay and it makes no sense anyway since Masthead is itself a struggling independent development studio in Bulgaria. I seriously doubt they had $30 million to throw at Interplay's project, let alone their own MMO in development. What's more likely is Interplay enlisted Masthead as a third party developer, which according to the original agreement requires Bethesda's direct approval. Nothing about Masthead bringing the $30 million which is why Interplay is in breach of contract.
Of course they're "adamantly" denying it, because Herve Caen is a moron who causes everything he touches to to turn to crap. He's the anti-Midas.