38 Studios Possibly in Financial Trouble
Kingdoms of Amalur: Reckoning didn't exactly set the world on fire, but it wasn't bad, either.
38 Studios may be in financial trouble, according to a report out of NBC 10 in Rhode Island.
"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 to the local NBC affiliate.
The state made a $75 million loan guarantee in 2010 to initially bring 38 Studios to Rhode Island, a move now under scrutiny.
It’s only been a few months since 38 Studios released its first game, Kingdoms of Amalur: Reckoning. We’ve seen nothing of the long discussed MMO set in the same universe, codenamed Copernicus.
Chafee has not yet divulged specifics, only saying it's meeting with 38 Studios on “different issues.”
The studio has not yet responded to my request for comment.
Related Posts:
- How a Pro Athelete's Video Game Studio Came To Owe Rhode Island Millions - kotaku
- 38 Studios Unveils its First Look at Project Copernicus - giantbomb
- 38 Studios Begins Paying Back the State of Rhode Island - kotaku
- 38 Studios Pays its $1.125 Million Debt, Will Receive No Additional Funds from State - giantbomb
- 38 Studios successfully pays $1.125 million to Rhode Island - joystiq
- The scene following 38 Studios' 'emergency meeting' with Rhode Island officials - joystiq
- Rhode Island owns Amalur, all other 38 Studios intellectual property if studio defaults - joystiq
- 38 Studios Meets With Rhode Island Governor, Asks for More Money - giantbomb
- 38 Studios, Schilling ask Rhode Island for more money; state officials freeze - joystiq
- Kingdoms of Amalur Creators Owe Millions, And They Can't Pay - kotaku
