The entirety of 38 Studios – and its Maryland subsidiary Big Huge Games – was laid off today, the blame for the company’s history of financial problems placed in part on the failure of the studio’s RPG Kingdoms of Amalur: Reckoning to move the necessary 3 million units to cover production costs. Financial returns place […]
Rhode Island Governor Lincoln Chafee held an unexpected press conference on the state of 38 Studios earlier today, expressing a worsening state of affairs for the makers of Kingdoms of Amalur: Reckoning. Lacking any new outside investment, the studio is being denied all the tax credits it has applied for, likely due to company not […]
38 Studios’ check to the Rhode Island Economic Development Corporation was returned due to insufficient funds, according to local news outlet WPRI. The $1.125 million owed by the Curt Shilling-backed studio was the impetus for the company’s default on May 1st, as per a 2010 loan agreement. Rhode Island Governor Lincoln Chafee stated that the […]