A
Rhode Island news report says 38 Studios is in financial distress, and the developer founded by former major league pitcher Curt Schilling is in discussions with the state on how to stay afloat. "We're always working to keep Rhode Island companies solvent, and that's what we're doing with 38 Studios," said Rhode Island Governor Lincoln Chafee. "We're working with 38 Studios on different issues. That's all I can report right now." 38 Studios moved to Rhode Island
in September after
securing $75 million in loan guarantees from the state. Their first game,
Kingdoms of Amalur: Reckoning, was released
in February, but the story cites NPD data saying the game has sold only around 410K copies across three platforms. Thanks
Strategy Informer.
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| 6. |
Re: 38 Studios in Financial Trouble? |
May 14, 2012, 22:19 |
Dades |
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Annex wrote on May 14, 2012, 21:57: They should have gone the route of Torchlight, make a small and relatively simple game first on a low budget and see how the studio/team works and then aim higher. Yep, they overreached and ended up with an average title that won't even come close to breaking even. A shame because a lot of people will lose their jobs. |
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Subject |
Author |
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1. |
May 14, 21:26 |
Re: 38 Studios in Financial Trouble? |
Smellfinger |
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2. |
May 14, 21:29 |
Re: 38 Studios in Financial Trouble? |
Rattlehead |
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3. |
May 14, 21:42 |
Re: 38 Studios in Financial Trouble? |
Jonah14 |
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21. |
May 15, 08:23 |
Re: 38 Studios in Financial Trouble? |
CNCGEEK101 |
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25. |
May 15, 09:32 |
Re: 38 Studios in Financial Trouble? |
Beamer |
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27. |
May 15, 10:18 |
Re: 38 Studios in Financial Trouble? |
InBlack |
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28. |
May 15, 10:29 |
Re: 38 Studios in Financial Trouble? |
Prez |
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29. |
May 15, 10:29 |
Re: 38 Studios in Financial Trouble? |
Beamer |
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30. |
May 15, 10:31 |
Re: 38 Studios in Financial Trouble? |
Parallax Abstraction |
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34. |
May 15, 14:11 |
Re: 38 Studios in Financial Trouble? |
Creston |
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36. |
May 15, 15:38 |
Re: 38 Studios in Financial Trouble? |
netnerd85 |
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4. |
May 14, 21:57 |
Re: 38 Studios in Financial Trouble? |
Annex |
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6. |
May 14, 22:19 |
Re: 38 Studios in Financial Trouble? |
Dades |
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10. |
May 14, 23:00 |
Re: 38 Studios in Financial Trouble? |
eRe4s3r |
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12. |
May 14, 23:22 |
Re: 38 Studios in Financial Trouble? |
Jonah14 |
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5. |
May 14, 22:02 |
Re: 38 Studios in Financial Trouble? |
Cutter |
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7. |
May 14, 22:27 |
Re: 38 Studios in Financial Trouble? |
UttiniDaKilrJawa |
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8. |
May 14, 22:37 |
Re: 38 Studios in Financial Trouble? |
Slashman |
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9. |
May 14, 23:00 |
Re: 38 Studios in Financial Trouble? |
Jerykk |
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31. |
May 15, 10:57 |
Re: 38 Studios in Financial Trouble? |
bhcompy |
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32. |
May 15, 11:31 |
Re: 38 Studios in Financial Trouble? |
PHJF |
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35. |
May 15, 14:19 |
Re: 38 Studios in Financial Trouble? |
Creston |
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11. |
May 14, 23:19 |
Re: 38 Studios in Financial Trouble? |
Steele Johnson |
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13. |
May 14, 23:39 |
Re: 38 Studios in Financial Trouble? |
PropheT |
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14. |
May 15, 03:12 |
Re: 38 Studios in Financial Trouble? |
OldTimber |
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15. |
May 15, 03:27 |
removed |
chenhan |
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16. |
May 15, 03:55 |
Re: 38 Studios in Financial Trouble? |
NKD |
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17. |
May 15, 03:56 |
Re: 38 Studios in Financial Trouble? |
netnerd85 |
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18. |
May 15, 06:10 |
Re: 38 Studios in Financial Trouble? |
Angrius Maximis |
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19. |
May 15, 06:40 |
Re: 38 Studios in Financial Trouble? |
spindoctor |
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20. |
May 15, 07:24 |
Re: 38 Studios in Financial Trouble? |
Kajetan |
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26. |
May 15, 10:17 |
Re: 38 Studios in Financial Trouble? |
spindoctor |
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33. |
May 15, 11:47 |
Re: 38 Studios in Financial Trouble? |
Verno |
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37. |
May 15, 22:07 |
Re: 38 Studios in Financial Trouble? |
eRe4s3r |
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22. |
May 15, 09:04 |
Re: 38 Studios in Financial Trouble? |
SXO |
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23. |
May 15, 09:15 |
Re: 38 Studios in Financial Trouble? |
Verno |
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24. |
May 15, 09:20 |
Re: 38 Studios in Financial Trouble? |
Kajetan |
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