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Kingdoms of Amalur: Reckoning creators 38 Studios shut down after failure to repay state loans
Curt Schilling's 38 Studios, makers of Kingdoms of Amalur: Reckoning, closes down after failure to repay state loans.
www.digitaltrends.com
Kingdoms of Amalur: Reckoning needed to sell 3 million to break even
Kingdoms of Amalur: Reckoning apparently needed to sell "in the 3 million range just to break even" - an astronomical ask of a new IP of its status. The words came from Lincoln Chafee, governor of Rhode Island (the state that provided the loan 38 Studios was founded upon, and now can't pay back), during a press conference last night (reported by Kotaku ). That's what "experts" had told Chafee ...
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Kingdoms of Amalur developer lays off entire staff
Rhode Island officials step down amid funding calamity.
arstechnica.com
Kingdoms of Amalur dev's creative director blames RI governor
Copernicus developer says 38 Studios "just needed a little more help," governor "turned his back" on a lot of taxpayers by allowing RPG outfit to fall.
www.gamespot.com
Kingdoms of Amalur: Reckoning had to sell 3M 'just to break even,' RI governor says
Despite Kingdoms of Amalur: Reckoning selling "1.22 million copies in its first 90 days" according to 38 Studios head Curt Schilling, it apparently never crested the 3 million mark it needed to break even. "The game failed, the game failed," Rhode Island Governor Lincoln Chafee told attendees of a press conference this afternoon. According to "experts" speaking with Chafee's office, Reckoning ...
www.joystiq.com
Kingdoms of Amalur studio execs jump ship
Struggling Kingdoms of Amalur developer 38 Studios has been faced with further setbacks, including the departure of several execs. Studio boss Jennifer MacLean publically revealed her departure via her LinkedIn profile. Her tenure ended back in March. Fellow exec John Blakely has also jumped ship; he quit the developer last month, Joystiq reported. 38 Studios has also failed to find much-needed ...
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Collapse of 38 Studios sticks some devs with second mortgage
Employees told by Kingdoms of Amalur: Reckoning studio that the company had sold their previous homes, now being contacted by banks looking for missed payments.
www.gamespot.com
Kingdoms of Amalur Pitch Queered as Dev Debts Loom - News
Curt Schilling company in deep financial doo-doo [Posted 18 May 2012 by Tim Smith] Kingdoms of Amalur - which we thought was, you know, okay - was developed by 38 Studios, based in Rhode Island, and now apparently totally unable to pay staff or State government. The 'based in Rhode Island' bit is important for two reasons: firstly, that's the state that is owed money. Secondly that was ... click ...
spong.com
Kingdoms of Amalur developer unable to pay staff
It seems Kingdoms of Amalur developer 38 Studios' problems are escalating following recent loan negotiations , with news today that it's not been able to pay staff this week. A spokesperson for the Rhode Island Economic Development Corporation - which initially funded the studio - confirmed the news to local media outlet WRPI . 38 is apparently in the process of meeting an overdue repayment to ...
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Kingdoms of Amalur dev failed to make $1M loan payment
The Rhode Island government is meeting with Kingdoms of Amalur: Reckoning studio 38 Studios today to discuss what can be done to protect taxpayer money, after the studio this week failed to make a scheduled $1.125 million loan repayment. The studio was granted a $75 million loan from the government-owned Rhode Island Economic Development Corporation in 2010, after 38 Studios agreed to move its ...
www.gamasutra.com
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