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38 Studios Missed Payment; Asking for Cash

BostonHerald.com has word that The Rhode Island Economic Development Corp. is deferring until Monday any decision on how best to deal with apparently cash-strapped developer 38 Studios, who are already carrying $75 million in debt to the state. Having met with 38 Studios about the matter, they will now look to use this extra time to consult with industry experts, with Gov. Lincoln Chafee saying, "we’re making a good decision by not making a decision," adding: "There’s not a great pool of advisers in this industry, but we’ll find them." The report says the governor confirmed that the company missed a $1.125 million payment to the state scheduled for May 1st, and is now asking for more money. 38 Studios founder Schilling refused to answer questions about this for reporters after his meeting, saying: "My priority right now is to get back to my company. My priority right now is to get back to my teammates." Thanks Nomaar.

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3. Re: 38 Studios Missed Payment; Asking for Cash May 16, 2012, 21:40 NKD
 
Hellbinder wrote on May 16, 2012, 21:38:
i really dont get what happened here. they were supposed to be making anew custom mmo. i mean that is what schilling was talking about what 3-4 years ago? why do all this other stuff. you can still make a decent mmo for 25 million or less. 75 million and no mmo really?

This is what happens when a pitcher tries to do something unrelated to tossing a little white ball at someone.
 
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If you don't like where gaming is heading, stop giving your money to the people who are taking it in that direction.
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