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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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24. Re: 38 Studios Closed? May 24, 2012, 20:38 shihonage
 
RollinThundr wrote on May 24, 2012, 19:58:
Obama has spent more in 3 and a half years than Bush did in his entire two terms, refused to cut enough so that the US credit rating would be lowered, and consistently puts his socialism loving cronies in the UN above US citizens. Yeah I really can't wait til all his obamites vote him in again so he can finish what he started in turning the US into a 3rd world liberal utopian welfare state. It'll be so awesome!

Obama was voted in by people who are either ignorant or self-destructive. Neither is surprising given how American college graduates can't even spell, and come out brainwashed with socialist agenda and expert knowledge of how to wrap a condom around a cucumber.

No wait, that last one is middle school...

Most former Soviets like myself voted against him in 2008, but the few that didn't, oh, the irony is just too much to bear. I knew he was bad, but his actions and words are so blatantly Soviet in nature, he behaves so much like a hostile, power-hungry dictator, it really surpassed my wildest expectations. It's such a Soviet thing to do - talk about equalizing wealth, make things hard for businesses to generate wealth, pit the "small people" against each other, and then go and fly on your private chopper to the party on your dacha.


P.S. Kingdoms of Amalur sucked.

This comment was edited on May 24, 2012, 20:43.
 
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    Date Subject Author
  1. May 24, 19:10 Re: 38 Studios Closed? NKD
  2. May 24, 19:15  Re: 38 Studios Closed? Fantaz
  25. May 24, 20:39   Re: 38 Studios Closed? nin
  49. May 24, 22:52   Re: 38 Studios Closed? Dev
  50. May 24, 23:03    Re: 38 Studios Closed? Fantaz
  3. May 24, 19:26  Re: 38 Studios Closed? Wildone
  8. May 24, 19:58   Re: 38 Studios Closed? RollinThundr
  9. May 24, 20:09    Re: 38 Studios Closed? sauron
  10. May 24, 20:09    Re: 38 Studios Closed? Beelzebud
  11. May 24, 20:14     Re: 38 Studios Closed? Mashiki Amiketo
  21. May 24, 20:34      Re: 38 Studios Closed? Beelzebud
  23. May 24, 20:38       Re: 38 Studios Closed? Mashiki Amiketo
  26. May 24, 20:41        Re: 38 Studios Closed? RollinThundr
  13. May 24, 20:16     Re: 38 Studios Closed? sauron
  17. May 24, 20:27     Re: 38 Studios Closed? RollinThundr
>> 24. May 24, 20:38    Re: 38 Studios Closed? shihonage
  27. May 24, 20:43     Re: 38 Studios Closed? RollinThundr
  28. May 24, 20:43    Re: 38 Studios Closed? Dirwulf
  31. May 24, 20:48     Re: 38 Studios Closed? shihonage
  37. May 24, 21:23      Re: 38 Studios Closed? Fantaz
  40. May 24, 21:50       Re: 38 Studios Closed? RollinThundr
  6. May 24, 19:37  Re: 38 Studios Closed? SimplyMonk
  4. May 24, 19:31 Re: 38 Studios Closed? Steele Johnson
  5. May 24, 19:36 Re: 38 Studios Closed? Hump
  14. May 24, 20:17  Re: 38 Studios Closed? Jim
  64. May 25, 02:42   Re: 38 Studios Closed? Hump
  7. May 24, 19:53 Re: 38 Studios Closed? mixma242
  12. May 24, 20:15 Re: 38 Studios Closed? PropheT
  15. May 24, 20:19 Re: 38 Studios Closed? Ranger55
  16. May 24, 20:25  Re: 38 Studios Closed? Beamer
  20. May 24, 20:33  Re: 38 Studios Closed? wtf_man
  92. May 26, 14:25   Re: 38 Studios Closed? Ranger55
  18. May 24, 20:33 Re: 38 Studios Closed? RollinThundr
  22. May 24, 20:35  Re: 38 Studios Closed? Beelzebud
  19. May 24, 20:33 Re: 38 Studios Closed? Talisorn
  29. May 24, 20:43 Re: 38 Studios Closed? Cutter
  32. May 24, 20:48  Re: 38 Studios Closed? Dirwulf
  34. May 24, 21:03   Re: 38 Studios Closed? Prez
  35. May 24, 21:12   Re: 38 Studios Closed? Beamer
  33. May 24, 21:02  Re: 38 Studios Closed? RollinThundr
  36. May 24, 21:16   Re: 38 Studios Closed? Sepharo
  38. May 24, 21:32    Re: 38 Studios Closed? Mashiki Amiketo
  42. May 24, 21:59     Re: 38 Studios Closed? Sepharo
  54. May 25, 00:25      Re: 38 Studios Closed? Mashiki Amiketo
  58. May 25, 00:51       Re: 38 Studios Closed? Sepharo
  60. May 25, 00:57        Re: 38 Studios Closed? Beamer
  85. May 25, 13:41        Re: 38 Studios Closed? Mashiki Amiketo
  39. May 24, 21:44    Re: 38 Studios Closed? RollinThundr
  41. May 24, 21:57     Re: 38 Studios Closed? Sepharo
  43. May 24, 22:03      Re: 38 Studios Closed? RollinThundr
  44. May 24, 22:12       Re: 38 Studios Closed? Sepharo
  45. May 24, 22:20        Re: 38 Studios Closed? RollinThundr
  47. May 24, 22:45     Re: 38 Studios Closed? Beamer
  30. May 24, 20:47 Re: 38 Studios Closed? Viper114
  46. May 24, 22:30 Re: 38 Studios Closed? ASeven
  48. May 24, 22:51  Re: 38 Studios Closed? nin
  51. May 24, 23:28 Re: 38 Studios Closed? Cutter
  52. May 24, 23:56  Re: 38 Studios Closed? RollinThundr
  53. May 25, 00:24   Re: 38 Studios Closed? Frijoles
  55. May 25, 00:38    Re: 38 Studios Closed? RollinThundr
  56. May 25, 00:44     Re: 38 Studios Closed? Beamer
  57. May 25, 00:48      Re: 38 Studios Closed? Beamer
  65. May 25, 02:43     Re: 38 Studios Closed? Smellfinger
  66. May 25, 04:02      Re: 38 Studios Closed? RenownWolf
  67. May 25, 04:26       Re: 38 Studios Closed? Fantaz
  68. May 25, 04:35       Re: 38 Studios Closed? Cutter
  71. May 25, 08:30     Re: 38 Studios Closed? Bhruic
  73. May 25, 09:31      Re: 38 Studios Closed? RollinThundr
  75. May 25, 09:40       Re: 38 Studios Closed? GayBlade
  77. May 25, 09:58        Re: 38 Studios Closed? Parallax Abstraction
  82. May 25, 10:24         Re: 38 Studios Closed? RollinThundr
  83. May 25, 10:47          Re: 38 Studios Closed? GayBlade
  79. May 25, 10:16       Re: 38 Studios Closed? Bhruic
  59. May 25, 00:56   Re: 38 Studios Closed? Sepharo
  63. May 25, 02:39   Re: 38 Studios Closed? Cutter
  72. May 25, 09:19   Re: 38 Studios Closed? Dev
  61. May 25, 01:00 Re: 38 Studios Closed? Creston
  62. May 25, 01:48  Re: 38 Studios Closed? Tanto Edge
  69. May 25, 05:02 Re: 38 Studios Closed? LemonJoose
  70. May 25, 08:11  Re: 38 Studios Closed? shinchan0s
  93. May 27, 10:11  Re: 38 Studios Closed? m00t
  74. May 25, 09:35 Re: 38 Studios Closed? Mr. Tact
  76. May 25, 09:55 Re: 38 Studios Closed? avianflu
  78. May 25, 10:08  Re: 38 Studios Closed? Mr. Tact
  80. May 25, 10:17 Re: 38 Studios Closed? Mr. Tact
  81. May 25, 10:21 Re: 38 Studios Closed? Verno
  86. May 25, 15:08  Re: 38 Studios Closed? Bet
  87. May 25, 15:48   Re: 38 Studios Closed? RollinThundr
  88. May 25, 20:05    Re: 38 Studios Closed? Kosumo
  89. May 26, 02:03     Re: 38 Studios Closed? RollinThundr
  90. May 26, 03:12      Re: 38 Studios Closed? shinchan0s
  91. May 26, 10:30       Re: 38 Studios Closed? RollinThundr
  84. May 25, 12:16 Re: 38 Studios Closed? Verno


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