Tag Archives: 38 studios

After the publisher’s cut, proceeds from ongoing sales of Kingdoms of Amalur: Reckoning go to the State of Rhode Island, primary creditor of shuttered developer 38 Studios.

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The state of Rhode Island is investigating the possibly of not paying lenders who helped finance shuttered Kingdoms of Amalur developer 38 Studios.

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A year after the closure of 38 Studios, A Rhode Island Superior Court judge has begun hearing arguments over a motion to have the case dismissed by the defendants.
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Kingdoms of Amalur is to be sold by the State of Rhode Island as part of the ongoing case against 38 Studios and owner Curt Schilling. Lawyers close to the sale have confirmed that the IP has drawn the interest of unnamed parties.

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The state of Rhode Island claims Kingdoms of Amalur developer 38 Studios deliberately misled its major creditor in securing a $50 million loan.

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Here’s some odd news for you: the 38 Studios website seems to be back up and running.

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38 Studios founder Curt Schilling is facing a fraud lawsuit over $75 million in loans from the State of Rhode Island. In an attempt to cool the issue, Schilling has filed for the presiding judge to throw out the case.

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The Witcher 3: Wild Hunt’s soundtrack is being co-composed by audio lead Gene Rozenberg, who previously served a similar role on Project Copernicus, the 38 Studios MMO. In a video interview on GameInformer, Rozenberg describes the lessons he learned from the project – making sure the music offers enough variety; ensuring different pieces are in tone with each other; keeping music ambient where it needs to be; and making combat music reactive and adapative. You can also hear some samples and view some screenshots of Copernicus and The Witcher 3. The Witcher 3: Wild Hunt is expected in 2014, on PC, PlayStation 4 and other unnamed consoles.

Art director Todd McFarlane has said the Kingdoms of Amalur MMO, Project Copernicus, was very close to complete when 38 Studios folded.

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Former pro baseball player Curt Schilling is putting his own goods under the auction hammer in order to meet debts caused by the collapse of 38 Studios last year.

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Lawyers for the Rhode Island Economic Development Corporation are suing the architects of the $75 million taxpayer-guaranteed loan granted to bankrupt Kingdoms of Amalur dev 38 Studios in 2010.

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Ex-38 Studios staffer Steve Danuser has rejoined Sony Online Entertainment. Danuser was part of the Everquest fold before jumping ship to become lead developer on Project Copernicus, the ill-fated MMO based on the Kingdoms of Amalur IP. Happily, SOE seems pleased to have Danuser back following 38 Studios’ closure, as he’s now taken on the role of creative director of Vanguard; read a little about his philosophy and approach to MMOs in a developer profile on Vanguard’s site.

Thanks, Massively.

The first batch of assets from shuttered developers 38 Studios and Big Huge Games went on auction this week and drew in $180,000 for the benefit of creditors. Polygon reports auctioneers described the final figure as “robust” and considered the auction to have been well-attended both in-person and online. It’s the first of three planned sell-offs to help recover some of the company’s debts; the most interesting one, scheduled for about three months, will offer the developers’ intellectual property; whoever snaffles that could well get behind a Kingdoms of Amalur: Reckoning sequel or MMO Copernicus.

According to a Boston Globe report, founder Curt Schilling is in financial difficulties following the insolvency of 38 Studios. Schilling stood as guarantor for “millions” in loans to start and run the developer, and his personal belongings, including valuable baseball memorabilia from his career as a Major Leagues pitcher, are among collateral pledged to his creditors. If you’re a baseball geek you’ll be interested to learn this collection includes the infamous “bloody sock” from the 2004 World Series. For everyone else, there’s this Kotaku article explaining its significance. 38 Studios went bust in May; track the whole sorry story here.

The makers of Kingdoms of Amalur: Reckoning, 38 Studios, will not face federal charges for bank fraud. A state investigation into the studios attempt to secure loans with tax credits that were never issued is still proceeding, but the U.S. Attorney in Rhode Island has stated their investigation is finished.
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38 Studios’ assets are being auctioned off, along with Xbox 360 developer kits which Microsoft hopes to reclaim.

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Project Copernicus, the Kingdoms of Amalur MMO possibly irretrievably lost in the closure of 38 Studios, would have actively engaged with a mechanic many MMOs prefer to leave unexplained – death and resurrection.

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Project Copernicus, the MMO which was in the works at 38 Studios before it collapsed, would have launched as a free-to-play title according to the firm’s founder Curt Schilling.

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Staff for Red 5 Studios’ PC shooter Firefall has been beefed up with employees gained from layoffs at 38 Studios and BioWare Austin.

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A judge awarded all assets belonging to the now-defunct 38 Studios to the State of Rhode Island and the Bank of New York Mellon Trust Company.

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