The lights are on
More information has become available since reports surfaced
earlier this week suggesting developer 38 Studios was in financial trouble.
This morning, it was revealed 38 Studios defaulted on May 1 when it did not make a required $1.125 million payment to the R.I. Economic Development Corporation, according to WPRI.com. 38 Studios owner Curt Schilling met with Gov. Lincoln Chafee and the EDC in an emergency meeting for two hours where Schilling asked for additional state assistance. No decision was made at the outcome of the meeting. They'll meet again on Monday.
"The difficulty that we face is protecting the taxpayers and looking ahead to the future (to determine) whether there's viability that's worth further investment," Chafee said. Schilling did not comment on the meeting, only saying, "My priority right now is to get back to my team." He said he'll issue a statement soon.
In 2010, the EDC gave 38 Studios $75 million in taxpayer money to move the studio from Boston to Providence.
[Source: AP, WRPI]
It's ok I defaulted on a 2.5 million payment just the other day,no big deal. O_o
Come on guys. Get it together. We want more Amalur!
I really hope they can figure this all out cause Amalur was a fantastic game that gave me that awesome experience that Fable never did. Please figure this out guys cause I would love a sequel.
Also, did Amalur not sell good enough?
I hope this gets resolved! I loved Amalur, it would be a shame to see 38 Studios shut down.
bye bye the reconing 2
I thought KoA did well...
A recommendation - if you haven't bought their DLC and want to help them out, go get it. Its fun.
Man, I hope they get this fixed. I really want another KoA.
To be honest, as underwhelming as the world of Amalur is, I don't think it would've made for a good MMO. Was Reckoning a good RPG? Yes, but that was Big Huge Games doing what they could with the world 38 studios has built.
I'm waiting for medieval/fantasies to step away from the tropes and create truly unique races again with rich lore and a world that isn't just one large pangea continent where we only ever see one shoreline on the world map.
I got their first game and loved it. Its probably because Curt brought on too much big talent and paid them more than he should have.
NNNNNNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Don't let 3 8 go out of business, I thoroughly enjoyed kingdoms of Amalur.