Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

38 Studios Misses Payroll; Bounces Check

Joystiq and WPRI.com have updates on the situation at 38 Studios, where recent reports of financial distress were followed by news that the developer had missed a $1.125 million loan payment. Several wrinkles have emerged since then, beginning with word that the studio missed payroll in an effort to make that missed payment, and that all temps and contractors were let go this week. This is followed by word that a check for the $1.125 million had been delivered, but that was returned for insufficient funds. The final twist is word that while company founder Curt Schilling is still mentioned on the company's visionaries page, his photograph and bio have apparently been removed, as has information about CEO Jennifer MacLean, who Joystiq says was last heard to be on maternity leave.

Post Comment
Enter the details of the comment you'd like to post in the boxes below and click the button at the bottom of the form.

24. Re: 38 Studios Misses Payroll; Bounces Check May 18, 2012, 08:29 Wolfen
 
Rattlehead wrote on May 17, 2012, 23:18:
I hate all of you.

Was that you I fought at the Breasturary in Nipopolis?
 
Reply Quote Edit Delete Report
 
Subject
Comment
     
 
      ;)   ;)   :(   :(   :o   :o   %)   %)   :)   :)   :|   :|   ;P   ;P   X|   X|   :D   :D   More
 
Login Email   Password Remember Me
If you have a signature set up, it will be automatically appended to your comment.
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.
 
          Email me when this topic is updated.
 

Special Codes

  • b[bold text]b
  • i[italic text]i
  • u[underline text]u
  • -[strikethrough text]-
  • c[code text]c
  • +[bullet point]+
  • q[quote text (indented)]q
  • [quote="Author"]quote text (indented)[/quote]
  • [url=Link]text[/url]
  • r{red text}r
  • g{green text}g
  • b{blue text}b
  • m{maroon text}m
  • s{secret text (shows in the background colour)}s

Forum Rules

  1. Disagree all you want but attacks of a personal nature will not be tolerated.
  2. Ethnic slurs and homophobic language will not be tolerated.
  3. Do not post spam, links to warez sites, or instructions on how to obtain pirated software.
  4. Abusing the forums in any manner that could be construed as 'griefing' will not be tolerated.


footer

.. .. ..

Blue's News logo