Following news that Kingdoms of Amalur developer 38 Studios was in big debt to the gubbyments, word of more financial trouble has hit the streets. The company also owes its own employees, having missed payments to staff.
In addition to its inability to pay staff, 38 Studios has also let go of any temp workers. Meanwhile, embarrassing news suggests that Curt Schilling's company sent a check to the Rhode Island Economic Development Corporation despite there being no money. Naturally, the check bounced.
Things could get worse. If 38 Studios can't pay off its $75 million loan, Rhode Island could assume ownership of its intellectual property, seizing the Amalur brand for itself. It's almost enough to make you want to believe a conspiracy theory.
What a ludicrous situation this whole thing is.
British tabloid The Sun came out strong against the 3DS when it first launched several years ago, going above and beyond the call of sleazy duty to try and prove it was harmful, disorienting, and unpleasant to use. Today? Tod...more
Capcom originally projected that Resident Evil 6 would sell seven million copies. They revised that number in February to five million, but as of yesterday's financial results Resident Evil 6 fell barely short of the target w...more
It had co-op and cover-based shooting, but Electronic Arts' flailing attempts to make Dead Space 3 "appeal to a wider audience" apparently failed. Visceral's latest game now joins Tomb Raider, Hitman: Absolution and Resident ...more