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:
Chicago, IL 11/17

Regularly scheduled events

38 Studios Missed Payment; Asking for Cash

BostonHerald.com has word that The Rhode Island Economic Development Corp. is deferring until Monday any decision on how best to deal with apparently cash-strapped developer 38 Studios, who are already carrying $75 million in debt to the state. Having met with 38 Studios about the matter, they will now look to use this extra time to consult with industry experts, with Gov. Lincoln Chafee saying, "we’re making a good decision by not making a decision," adding: "There’s not a great pool of advisers in this industry, but we’ll find them." The report says the governor confirmed that the company missed a $1.125 million payment to the state scheduled for May 1st, and is now asking for more money. 38 Studios founder Schilling refused to answer questions about this for reporters after his meeting, saying: "My priority right now is to get back to my company. My priority right now is to get back to my teammates." Thanks Nomaar.

Email Digg Facebook Twitter   Share More    


 

   Current Headlines
Diablo III: Rise of the Necromancer Released
Raf Colantonio Leaving Arkane
Call of Duty Celebrates Summer
Planet Coaster Free Summer Update
Magic Duels Support Ending
Beyond Good and Evil 2 Trailer
Selling Sunlight Revealed
Serial Cleaner Next Month
The Golf Club 2 Tees Off
Super Cloudbuilt Next Month
On Sale
Evening Patches
Evening Interviews
Gatherings & Competitions
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
  

 




Blue's News is a participant in Amazon Associates programs
and earns advertising fees by linking to Amazon.



footer

Blue's News logo