UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


     Date of report (Date of earliest event reported):  OCTOBER 19, 2004
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                       INTERPLAY ENTERTAINMENT CORPORATION
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             (Exact Name of Registrant as Specified in Its Charter)

                                    DELAWARE
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                 (State or Other Jurisdiction of Incorporation)

         0-24363                                          33-0102707
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(Commission File Number)                       (IRS Employer Identification No.)


  1682 LANGLEY AVENUE, IRVINE, CALIFORNIA                  92619
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 (Address of Principal Executive Offices)                (Zip Code)

                                 (310) 432 1958
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              (Registrant's Telephone Number, Including Area Code)

                                       N/A
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          (Former Name or Former Address, if Changed Since Last Report)

     Check the  appropriate  box below if the Form 8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):

     |_| Written  communications  pursuant to Rule 425 under the  Securities Act
(17 CFR 230.425)

     |_| Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)

     |_|  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
Exchange Act (17 CFR 240.14d-2(b))

     |_|  Pre-commencement  communications  pursuant to Rule 13e-4(c)  under the
Exchange Act (17 CFR 240.13e-4(c))






ITEM 8.01.  OTHER EVENTS.


On October 19, 2004 the California  Superior Court dismissed the legal action of
Knight  Bridging  Korea Co., Ltd ("KBK") filed on September 16, 2002 against the
Company and its subsidiary GamesOnline.com, Inc., ("GOL") and granted a judgment
to  Gamesonline.com,  Inc in the  cross-complaint  from  GOL  against  KBK.  The
dismissed KBK  complaint  for $98.8  million was  alleging,  among other things,
breach of  contract,  misappropriation  of trade  secrets,  breach of  fiduciary
duties and breach of implied  covenant  of good  faith,  in  connection  with an
Electronic  Distribution  Agreement dated November 2001 between KBK and GOL. The
granted judgment against KBK in the  cross-complaint is for recovery of $700,000
for KBK's breach of contract.  A motion for  recovery of  Gamesonline.com  Inc's
legal fees is being filed.


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                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                       INTERPLAY ENTERTAINMENT   CORPORATION



Dated:  October 29, 2004               By:     /S/HERVE CAEN
                                          --------------------------------------
                                           Herve Caen
                                           Chief Executive Officer and Interim
                                           Chief Financial Officer


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