Kingdoms of Amalur IP buyer will have a “billion dollar” franchise on its hands, says Schilling

Tuesday, 26 November 2013 21:49 GMT By Stephany Nunneley

Curt Schilling, former head of 38 Stuios, believes that the company which purchases the Kingdoms of Amalur IP in the upcoming auction, will have a “billion dollar” franchise on its hands.

That’s according to a tweet he posted earlier:

“If someone were to buy Amalur, put team back on it, it’s a billion dollar franchise, 2 years later and still no ones done what we were doing.”

The upcoming auction of assets formerly owned by 38 Studios, includes the Amalur IP and unfinished MMO Copernicus, both of which have seen interest from several games companies, according to auction organizers.

These potential bidders include some “well-known industry figures”, apparently.

The auction, takes place December 11 via telephone, and all firms will be pre-screened and must sign an NDA. Initial bids are due by December 4.

Other properties on the block include Big Huge Games, in-house development technologies and  Rise of Nations IP as well as Rise of Nations: Tactics a completed, unreleased game developed by 38 Studios.

Rhode Island underwrote 38 Studios a $75 million loan, has sued various 38 Studios leaders for the firm’s financial collapse, but plans to honor debts and costs associated the studios’ bankruptcy by paying $90 million.

Thanks, ffronw.