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Posts tagged curt-schilling

38 Studios auction had 1,000 registered bidders, sold 95% of items

The public auction held yesterday at 38 Studios' former headquarters in Providence, Rhode Island, sold approximately 95 percent of the items available. A gross sales figure for the auction is expected later today. According to a representative for the Rhode Island Economic Development Committee,...

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Rhode Island can't auction off 38 Studios' Xbox dev kits, says Microsoft

Microsoft is requesting Rhode Island return the Xbox developer kits the state is attempting to sell at auction to recoup losses from the defaulted multi-million dollar loan to shuttered 38 Studios. In the listing of items up for bid October 23, the firm hired to facilitate the auction lists "Gaming...

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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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Schilling says he's 'tapped out' in first interview since 38 Studios collapse

38 Studios founder and former Red Sox star Curt Schilling said he was "tapped out" of cash in his first interview since the studio's demise. In a sympathetic radio interview on WEEI (via Boston Globe) this morning, Schilling said he told his family last month, "The money I saved and earned playing...

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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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Curt Schilling posts Project Copernicus screens

The 38 Studios saga continues as Curt Schilling, head of the beleaguered company, has posted screenshots of its long-in-development MMO, Project Copernicus. These are "images from the most magical, breathtaking and awe inspiring world ever created," says Schilling, images he was "'allowed' to peek...

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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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RI Gov. Chafee working to prevent 38 Studios shutdown, unaware of any new cash for company [update]

The situation faced by troubled MMO developer 38 Studios is not improving. According to Rhode Island Governor Lincoln Chafee, the company has not received any new investment. In a sudden press conference late today, he said the studio had not received any outside investment nor any of the new tax...

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Analyst estimates Amalur IP worth $20 million, 38 Studios employees head to job fair

The value of 38 Studios' Amalur intellectual property is estimated to be in the range of $20 million. We asked Wedbush Securities analyst Michael Pachter for his valuation following confirmation of layoffs at the studio and coverage of 38 Studios employees flocking to Turbine's recruitment drive in...

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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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