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Posts tagged 38-studios

Rhode Island EDC implements tracking software following 38 Studios debacle

Following criticism of how it managed its $75 million loan to the now-defunct 38 Studios, the Rhode Island Economic Development Corporation (EDC) is implementing a new client relationship system to help employees track their interactions with businesses. The EDC's board of directors has agreed ...

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PlayStation Plus gets free Kingdoms of Amalur: Reckoning this week

PS Plus members will be able to snag a free download of Kingdoms of Amalur: Reckoning on PS3 tomorrow. Reckoning is fantasy action RPG developed by Big Huge Games and 38 Studios. The State of Rhode Island will auction off 38 Studios' franchises next month, beginning on November 14. Kingdoms of A...

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Kingdoms of Amalur IP auction starts November 14, includes Rise of Nations

The 38 Studios and Big Huge Games liquidation auction will begin November 14, according to the Heritage Global Partners auction services page. Among the assets included in the auction from the state of Rhode Island are the Kingdoms of Amalur intellectual property, namely the Project Copernicus MMO ...

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Amalur IP heads to auction this month

Rhode Island is preparing to sell the Kingdoms of Amalur IP, with a website offering its assets going live this month, 38 Studios' court-appointed receiver Richard Land tells WPRI. 38 Studios collapsed in 2012 after launching Kingdoms of Amalur: Reckoning, taking $90 million of Rhode Island tax...

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SEC investigating Rhode Island's 38 Studios deal

The 38 Studios epilogue continues with the U.S. Securities and Exchange Commission investigating the $75-million loan provided by the state of Rhode Island to the defunct studio. WPRI reports the SEC probe is examining the taxpayer-backed loan the R.I. Economic Development Corporation (EDC) gave to...

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Rhode Island holding public hearings over 38 Studios, exploring loan default

The story of 38 Studios as a video game developer is long over, but the financial fallout from its $75 million in taxpayer-backed loans continues in the state of Rhode Island. The Providence Journal reports two developments this week, as the state will shortly begin a public hearing process over th...

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Rhode Island prepared to sell 38 Studios' Amalur intellectual property

The state of Rhode Island's last keepsake of 38 Studios – beyond a $100-million-plus loan debt – is the company's Amalur intellectual property, which it's planning to sell off shortly. The Providence Journal reports there is interest in the asset, but the lawyer in charge of the sale ...

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Revisiting Reckoning: How Kingdoms of Amalur got the single-player MMORPG right

This is a weekly column from freelancer Rowan Kaiser, which focuses on "Western" role-playing games: their stories, their histories, their mechanics, their insanity, and their inanity. Recently, I decided to play Kingdoms of Amalur: Reckoning in remembrance of its one-year anniversary this past Fe...

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Schilling asks judge to throw out lawsuit over $75 million loan

Curt Schilling, founder of defunct 38 Studios, asked a judge to throw out The Rhode Island Economic Development Corporation's lawsuit that alleges Schilling and studio executives misled the agency in securing a $75 million taxpayer-guaranteed loan. The lawsuit accuses Schilling and his crew of frau...

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Events 2012: 38 Studios

38 Studios was the video game story of the year with mainstream appeal. Much of that mainstream appeal had to do with Curt Schilling, the former baseball player for the Boston Red Sox who went on to found his own video game studio. But the story was way more than Schilling. The state of Rhode Islan...

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