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Most Of 38 Studios Sold Off


(Image Credit: Alexander Sliwinski, Joystiq)

In August, the state of Rhode Island took control of 38 Studios and its assets after the developer went bankrupt and laid off its employees. Yesterday, the Rhode Island Economic Development Corporation held a public auction for all the assets.

The RIEDC says there were more than 1,000 registered bidders (approximately 600 online and 400 in-person) and 95 percent of the items available were purchased. The left over items "mainly consist of cubicle furniture." A representative told Game Informer the Kingdoms of Amalur: Reckoning IP was not part of this auction and is still several months away from being sold.

"There is the possibility for another live public auction, which will be determined by the amount of unsold items and additional items accumulated from Maryland and Rhode Island," the RIEDC says. "Those items could include more computers, servers, office furniture, etc."

The gross sales amount is pending until later today, the RIEDC says.

Comments
  • It really sucks when a studio is shut down because of the fact that that studio cant make more games.(it hurts the employes to)
  • does anyone know who has the rights for Kingdoms of amalur?
  • I was wondering why there was an increase in axes and swords listed oneBay...

  • Sad when people loses their jobs.
  • I want more Kingdoms of Amalur. I shall find a way to purchase the IP.
  • I'm still hoping someone will buy the IP and give us another Amalur game.

  • I would imagine the KoA IP will go pretty high,
  • Who in their right mind would buy that crap? Replicas of swords, axes and such from a failed crap game? Oh well, its not my money so it doesnt affect me.
  • As a Sox fan and a gamer, I'm especially sad to see these events as they have happened. As for the game, my friend played it a lot and liked it, but from all accounts I've heard it's nothing to go crazy over. Somebody mentioned in an above thread that Epic bought the studio, and that people weren't losing their jobs at the rate it first appeared. I listen to a lot of sports radio, and this was a hot topic for a while (Schilling being a Red Sox and all), and employees were calling in and giving some first-hand accounts to the contrary. Maybe that was before Epic's acquisition. Hey Jim, are you missing hockey as much as I am? This sucks...
  • Very interesting. But it honestly sucks about hearing a studio being shut down and sold off because of stupid decisions.

  • Aww man. I don't like it when that happens.

  • I should probably take a look. I need a new chair, and having one from 38 would actually be kind of cool... if a little sad.

  • As a gamer I feel sad when I hear about 38 Studios. So much potential..

  • Too bad I couldn't go there to 'acquire' some goods. ;-)

  • They bought 38 studios?! That's a lot-- never mind, bad joke. Anyway, some sweet weapons there. Is that Bilbo's Sting sword?. . .
  • anyone notice the 2 LOTR themed swords? Sting and a Rider of Rohan blade...