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 USA, IL 10/19

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
Burnout Paradise Remastered Announced
Assassin's Creed: Origins Adds Discovery Tour and Game+
The Station Released
Starpoint Gemini Warlords: Rise of Numibia Rises
Age of Empires: Definitive Edition Released
Immortal: Unchained Closed Beta Next Month
Evening Patches
On Sale
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Elite Dangerous: Beyond - Chapter One Next Week
Fortnite Season 3 Battle Pass Details
Path of Exile Bestiary Details
Gatherings & Competitions
  

 



footer

Blue's News logo