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Posts tagged Lincoln-Chafee

38 Studios' Amalur MMO 'Project Copernicus' would have been free-to-play

Details continue to surface regarding "Project Copernicus," the Kingdoms of Amalur MMO that once dominated development at Curt Schilling's now-defunct 38 Studios. We've seen an early trailer of the game and learned that it wasn't any fun to play, but Copernicus' more tangible bullet points, such as...

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38 Studios liquidation valued in tens of millions by RI, gov. will get every penny he can for taxpayers

38 Studios declared bankruptcy earlier this afternoon and Rhode Island Governor Lincoln Chafee held a press conference this afternoon to discuss the company's assets, which now belong in part to Rhode Island taxpayers. "We have had in recent days discussions with investors that were and, to my...

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38 Studios declares bankruptcy, formal investigation begins regarding finances

Curt Schilling's embattled 38 Studios declared Chapter 7 bankruptcy (liquidation), as Rhode Island and federal authorities open an investigation into how the company handled its finances. WPRI reports the state police, attorney general's office, US Attorney's office and the FBI will investigate 38...

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Schilling says he could lose $50 million of his own money in 38 Studios implosion [update: Chafee responds]

Embattled 38 Studios co-founder and head Curt Schilling finally broke his weeks of silence on the Rhode Island studio's recent implosion in an interview with The Providence Journal. "Frustration" seems not strong enough a word to describe his feelings toward Rhode Island Governor Lincoln Chafee...

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Rhode Island: Fired 38 Studios staff are highly skilled, will find new work

Rhode Island Department of Labor and Training director Charles Fogarty said today that the staff of 38 Studios, all of whom were laid off yesterday, will be able to find new jobs because they are "highly skilled." "The individuals in question, most of them are pretty highly skilled," Fogarty said....

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Kingdoms of Amalur: Reckoning had to sell 3M 'just to break even,' RI governor says

Despite Kingdoms of Amalur: Reckoning selling "1.22 million copies in its first 90 days" according to 38 Studios head Curt Schilling, it apparently never crested the 3 million mark it needed to break even. "The game failed, the game failed," Rhode Island Governor Lincoln Chafee told attendees of a...

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38 Studios and Big Huge Games lay off entire staffs [update]

38 Studios and Big Huge Games have both let go of their entire staffs, a source with knowledge of the situation tells Joystiq. Following reports that 38 Studios stopped paying staff on May 1, and just an hour before a scheduled press conference in Rhode Island addressing the recent 38 Studios...

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38 Studios employees unpaid since May 1, health insurance ends on Thursday

38 Studios employees have not been paid since May 1 and their health care will end Thursday at midnight, a source with knowledge of the situation tells Joystiq. Employees are normally paid on the first and 15th of each month. When asked if the studio would be shutting down this week, the source...

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RI governor confirms 38 Studios layoffs

Rhode Island Governor Lincoln Chafee has confirmed layoffs at 38 Studios. The governor made the statement this evening following a scheduled meeting of the Rhode Island Economic Development Corporation (RIEDC), where about as little happened to resolve 38 Studios' troubled situation as at last...

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Rhode Island governor gives 38 Studios' Copernicus MMO a June 2013 launch

Rhode Island governor Lincoln Chafee told attendees of a 38 Studios-related press conference that the long awaited 38 Studios MMO – only known currently as "Project Copernicus" – is set to launch in June of 2013. Chafee said, "What I understand is Copernicus is June of '13." Considering...

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