38′s payment clears, Copernicus MMO out June ’13
Rhode Island governor Lincoln Chafee said during a press conference today the $1.25 million check 38 Studios handed the Economic Development Corporation has cleared the bank. He also said the studio’s...
View Article“38 Studios didn’t go begging for a handout from Rhode Island,”says Salvatore
Author RA Salvatore has responded to the situation facing 38 Studios and Big Huge Games, and while didn’t share insight into whether the firms where shutting down, he offered instead some perspective...
View ArticleSchilling: Investor for Reckoning sequel pulled out over “devastating”...
Curt Schilling has told The Providence Journal he could end up losing $50 million of his own money due to his studio’s failure, furthermore claiming comments Rhode Island governor Lincoln Chafee made...
View ArticleChafee’s scare tactics for political gain sabotaged 38 and Big Huge Games,...
A Big Huge Games employee, speaking under anonymity with Gamasutra, has said Rhode Island governor Lincoln Chafee is partly to blame for the demise of 38 Studios and Big Huge Games. The source claims...
View Article38 Studios assets now belong to Rhode Island, Bank of New York
A judge awarded all assets belonging to the now-defunct 38 Studios to the State of Rhode Island and the Bank of New York Mellon Trust Company. Bloomberg reports the two bodies petitioned to take...
View Article38 Studios is being sued by Rhode Island
Lawyers for the Rhode Island Economic Development Corporation are suing the architects of the $75 million taxpayer-guaranteed loan granted to bankrupt Kingdoms of Amalur dev 38 Studios in 2010. As WPRI...
View ArticleKingdoms of Amalur: Reckoning sales line Rhode Island’s pockets
After the publisher’s cut, proceeds from ongoing sales of Kingdoms of Amalur: Reckoning go to the State of Rhode Island, primary creditor of shuttered developer 38 Studios. The state’s lawyer, Richard...
View Article38 Studios: Rhode Island budget approves bond repayment
After toying with the idea of abandoning certain debts, Rhode Island has found room in its budget to honour bonds which financed bankrupt Kingdoms of Amalur developer 38 Studios. Reuters reports the...
View ArticleProject Copernicus is “a lot of junk”, says RI governor
Project Copernicus, 38 Studios’ unfinished MMORPG set in the Kingdoms of Amalur universe, is pretty rubbish, one politician has opined. Rhode Island governor Lincoln Chafee called Copernicus “a lot of...
View Article38 Studios out-of-court settlements “clearly worthwhile”, says RI Commerce...
Parties affected by the possibility of an out-of-court settlement of the Rhode Island vs 38 Studios suit seem to be coming around to the idea, which would wrap the whole matter up much more...
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