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.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Team Fortress 2 Halloween Event
ArcheAge "Illicit Gains" Revoked
New GeForce Drivers
New Kinect SDK & Adapter
Evening Patches
On Sale
Evening Interviews
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
John Riccitiello New Unity CEO
Fractured Space Announced
IL-2 Sturmovik: Battle of Stalingrad Takes Off
Ships Ahoy - Dreamfall Chapters Book One
Return of the Obra Dinn Demos
  

 



footer

Blue's News logo