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87% of classic games are endangered
(www.videogameschronicle.com)
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Should be a given that once the company dissolves the rights become open
Most of the IP rights for those old abandoned games are split up between a bunch of random legal firms.
Makes it a nightmare to legally remaster or remake old games. Since a game's copyright will be owned by Law Firm A, and the trademark will be owned by Law Firm B, and the art and music will be owned by Law Firm C, but then Law Firm B says they actually own some of that art and music as part of their trademark ownership, etc etc
That makes the situation easier for piracy/unofficial ROMs though, since lawyers aren't going to do shit when they can't even figure out who legally owns a game.
Why we'll never get a bfme 3 but gollum gets greenlighted