The lights are on
The developer behind Kingdoms of Amalur: Reckoning could be in some trouble, according to local Providence, R.I. reports
Reports from WRIP and the Providence Journal say state governor Lincoln Chafee met with officials from 38 Studios Monday night to discuss the company's current financials. 38 Studios received a $75 million taxpayer-backed loan in 2010 from the state under the condition it would move to Rhode Island from Massachusetts.
The reports haven't been clear, but they strongly suggest the studio is in some kind of financial difficulty. The governor reportedly said he was working with officials in "keeping 38 Studios solvent."
“We’re concerned and just doing everything possible to ensure that 38 Studios stays part of the Rhode Island community,” Governor Chafee told WPRI.com Monday night. “We’re working on different issues with them.” When asked whether he thinks 38 Studios can be stabilized, Chafee told WPRI “We’re working on it.”
Game Informer has contacted 38 Studios for comment.
[Source: WPRI, Providence Journal]
I hope they don't get sunk... I LOVED Amalur
Noooo, Amalur was great! This dev has real potential.
Haven't played amalur yet but was looking forward to it and hoping for even bigger things in sequels...this would be sad
38 Studios is a good company so I hope the best for them.
I hate seeing stories like this. It sucks that these guys can make such a good game, and still have thier jobs be in jeopardy.
Turtles cannot breath under water yet they sleep below the water why is that ?
Perhaps this is an example of: chase two hares, catch none. Kingdoms of Amalur seemed to be aimed at too broad an audience, which appears to have made it into a white noise game, rather than a stand out like Dark Souls or that rip off Spyro the Dragon kid's toy video game.
Nothing against the game though, it isn't a bad one. I just don't feel like it really had an attractive selling point.
NPD is reporting that KOA:R hasn't reached 500K in sales yet. Add the development hell this game was in and it's not difficult to see that 38 Studios is in trouble. If EA isn't backing their next project, they might be in trouble and need someone to buy them out.
Best of luck to them. Curt & Co. have great vision and dedication, and deserve more of an opportunity.
Hopefully it recovers soon because they have done quite well with Kingdoms of Amalur: Reckoning
The issue with me is that they won't make good games, but that is giving them $75,000,000 in taxpayer money, ya know, from us, to keep them in Rhode Island. Unless the state actually can recoup the cash and actually make money from this investment. Otherwise, just more bureaucracy at it's best.