First, 3D Realms isn't dead! They're still alive, but they did have to let go the Duke Nukem Forever development team on May 6 due to lack of funding. 3D Realms still owns the rights to the Duke Nukem franchise and Take-Two retains publishing rights for Duke Nukem Forever.
George then goes on to talk about Take-Two's lawsuit against them:
It's amazing how George Broussard is so candid about the whole failed negotiation dealings amidst the lawsuit. Take-Two seemingly tried to bully 3D Realms into taking a really horrible deal. It's definitely worth your time to read the entire statement over on GameSlice.
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