News: Lik-Sang killed by Sony

October 24, 2006, 09:04 AM

by brandon, via Lik-Sang -
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Sad but true, Lik-Sang has been forced to close due to multiple lawsuits brought on by Sony, over the company's sale of PSPs in the UK/europe. In spite of pay rates being incredibly similar in the UK and u.s., the PSP retails for 150 pounds, about 281, $81 more than in the U.S. Rather than find a way to lower costs, Sony saw fit to penalize those who wanted a fair price on hardware. Ultimately, Lik-Sang has been forced into submission, after a number of lawsuits were weighed against it over the years. Pascal was a nice fellow, and we want to express our consolences not only for Lik-Sang, but the customers who relied on them for their games. PSP hardware was naturally a very small portion of their business.

Note: Sony maintains that they're not to blame, saying no fees were levied upon Lik-Sang thus far. Expect this to get more complicated before it's finished... Thanks to kotaku for pointing it out.