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38 Studios Closed?

38 Studios laid off its entire workforce according to an unconfirmed report on WPRI.com where they have an email purportedly sent to the company's staff, which they say consisted of 379 employees a of March 15. The Verge adds they've been informed by "a source familiar with the company" that 38 Studios also closed both its Rhode Island headquarters and its subsidiary studio Big Huge Games (thanks nin). They also note there is a semi-confirmation of this in a tweet from Colin Campbell, lead world designer at Big Huge Games: "Big Huge Games was home for my wife and me for our adult lives so far. I'll miss it terribly, but so proud. Good night and good luck." The Verge also quotes Governor of Rhode Island Lincoln Chafee attributing the closure to Kingdoms of Amalur: Reckoning, saying the RPG "failed." They note that the game sold approximately 1.2 million copies in 90 days and Chafee says experts told him it needed to sell three million copies to break even. In 2010 Rhode Island loaned 38 Studios $75 million.

Financial troubles at the developer founded by former major league baseball pitcher Curt Schilling surfaced less than two weeks ago, but after some drama involving a bounced loan payment check and allegations of a missed payroll, things seemed to be on the rise, with word that the loan payment cleared and that the company's MMORPG codenamed Project Copernicus was expected in a year. In an interesting side note, Rock, Paper, Shotgun points out the Rhode Island Economic Development Corporation has posted 38 Studios Public Documents with all the details on its financial dealing with the company.

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83. Re: 38 Studios Closed? May 25, 2012, 10:47 GayBlade
 
RollinThundr wrote on May 25, 2012, 10:24:
That none of you left leaning folks care at all about how much money is being spent is flat out troubling. Someone has to eventually pay for it.

Dear Mr. Thundr,

My final contribution to this "conversation" is to quote Foster's Law: The only people who find what they are looking for in life are the fault finders.

Rather than sit and spew numbers and find fault with everything, I suggest you sit back and enjoy life a little. You might start by visiting a gaming news sight, read about and then perhaps discuss games.

If you cannot enjoy the gaming sight, perhaps you could take all the faults you find in society and get off your butt and do something about it. Action > words.

Wishing you a happy, fun-filled day,

GayBlade
 
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