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Technology Stocks : GTIS: Is there a better bet for Christmas sales?
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To: Brian Johnson who wrote (235)12/20/1996 11:07:00 AM
From: Ken Palmer   of 432
 
Brian:

I'm certain their rights are exclusive for the channels of distribution that they negotiated for; i.e. a typical license agreement would clearly define channels of distribution, formats, term, territory and other pertinent deal points. They know how to negotiate a solid license agreement.

As for their distribution service to be replaced? I doubt that would happen after they enter into an agreement with a developer. Of course, at the end of the term, either party may decide not to renew. But that event would usually occur a long way down the road; the term for licenses in many comparable industries is usually 5,7,10 years or perhaps even perpetuity.

Please remember, GTIS is a very powerful distribution company! As I've stated before, no one knows how to penetrate the mass merchant market better than Good Times.

Hope this sheds some light on your questions.
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