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  • Blog Post: Rhode Island Lawmakers Questioned In Ongoing 38 Studios Case

    As part of the ongoing investigation into former baseball player Curt Schilling’s bankrupt company 38 Studios, state police officers have begun interviewing lawmakers involved with the vote for the loan guaranty program that gave $75 million in a state-backed loan to 38 Studios. The investigation... More
  • Blog Post: Big Huge Games Trademark And More Sold At Auction

    An auction following the collapse of 38 Studios yielded results, with some of the assets going to bidders. The Big Huge Games trademark and two game properties have new owners, though the details of who bid and who won haven’t yet been revealed. Rise of Nations and Rise of Legends (originally published... More
  • Blog Post: Report: SEC Investigating Rhode Island Loan To 38 Studios

    It's been over a year since the collapse of Curt Schilling's 38 Studios , but the loan money that eventually exposed the company's financial shortcomings is still a sore point. Today, WPRI reports that the Securities Exchange Commission (SEC) has been investigating the Rhode Island Economic... More
  • Blog Post: Rhode Island Considering Abandoning Its 38 Studios Debt

    While Governor Lincoln Chafee is currently planning to fulfill the obligations of the state's $75 million loan to 38 Studios, there is a chance that Rhode Island might abandon its obligations. The consideration is a balance between fiduciary and civic responsibilities. Rhode Island officials have... More
  • Blog Post: Rhode Island Says 38 Studios Mislead State

    In new documents filed as part of the state of Rhode Island's lawsuit against 38 Studios executives, including baseball great Curt Schilling, the state's attorney claims that there is "crushing evidence" that 38 Studios intentionally misled the state. The suit is over a $75 million... More
  • Blog Post: Federal Investigation of 38 Studios Closed, No Charges Brought

    The federal investigation into Curt Schilling's 38 Studios has ended. In some rare good news for the former head of the Kingdoms of Amalur developer, federal authorities have decided that no charges will be brought as a result of the investigation. According to the Associated Press, a spokesperson... More
  • Blog Post: 38 Studios' MMO Copernicus Was Planned As Free-To-Play

    Copernicus, the massively multiplayer online role-playing game from the now defunct 38 Studios, was planned as a free-to-play game. In an interview with Boston Magazine , Curt Schilling, the founder of 38 Studios, said, "We were going to be the first triple-A, hundred-million-dollar-plus, free-to... More
  • Blog Post: Rhode Island Wins Bid To Take 38 Studios' Assets

    Rhode Island is now in control of 38 Studios' IP, including Kingdoms of Amalur: Reckoning and its MMORPG offshoot, known as Project Copernicus. The state is planning to seize computer equipment to keep the IP as intact as possible in preparation for an eventual sale. Rhode Island helped the studio... More
  • Blog Post: Curt Schilling 'Tapped Out' After 38 Studios Collapse

    Former all-star pitcher and 38 Studios founder Curt Schilling says he lost all of the $50 million he invested in his company since it went bankrupt . In a new interview with Boston sports radio WEEI, Schilling says he's completely tapped out. “Obviously, it’s been a challenging couple... More
  • Blog Post: Bank Sues Curt Schilling For $2.4M

    Citizen's Bank is suing 38 Studios founder Curt Schilling after he allegedly promised to repay money borrowed from the bank. According to a report from WRPI.com, the lawsuit was filed last Thursday in a Boston court, the same day 38 Studios declared bankruptcy . Citizens claims Schilling "personally... More
  • Blog Post: 38 Studios Filing For Bankruptcy, Authorities Begin Investigation

    Curt Schilling's beleaguered video game company has filed for chapter 7 bankruptcy. According to documents related to the filing, the company owes $100 million in Baltimore alone. Given that the 38 Studios' Baltimore LLC branch of the company is only one of four 38 Studios affiliate companies... More
  • Blog Post: Kingdoms of Amalur: Reckoning 2 Was In The Works

    38 Studios’ Big Huge Games was doing pre-production work on a sequel to last year’s new IP before the studio let all employees go last week. Joystiq reports that, though Big Huge Games team could still be saved, it is unlikely that work could continue on Kingdoms of Amalur: Reckoning 2. The... More
  • Blog Post: Reports: 38 Studios Lays Off Staff

    Numerous reports this afternoon are saying 38 Studios has laid off its entire staff and closed developer Big Huge Games. The studio has yet to make an official comment on the matter at this time. WPRI obtained a purported internal e-mail from 38 Studios confirming the layoffs: The Company is experiencing... More
  • Blog Post: Report: 38 Studios Lays Off Some Employees

    Update: Rhode Island governor Lincoln Chafee has confirmed that the developer has laid off some of its employees. An exact number has not been given. Given that the studio has not met its payroll, unfortunately this isn't surprising. It'll be interesting to see if these layoffs mean that 38 Studios... More
  • Blog Post: Curt Schilling Will Transform Providence Into A "Global Force"

    The baseball star turned game developer says that bringing his 38 Studios to the Rhode Island city will give it a big time boost. Curt Schilling received a $75 million loan from Rhode Island to uproot his studio out of Massachusetts, and is ready to turn Providence into a world power. Speaking at Providence... More
  • Blog Post: 38 Studios Has Most of Curt Schilling's Money

    According to a Harvard Business School case study , baseball legend and MMORPG fanatic Curt Schilling has invested the majority of the earnings from his Hall of Fame-bound pitching career in his game development company, 38 Studios. According to Baseball-Reference.com, Schilling's career earnings... More
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