SegmentNext - "Mainstream media is fond of pointing out that the video game industry pulls in more money than the movie industry. This factoid is true, but most of that money goes to game publishers based on the West Coast.
There are some major game publishers and developers on the East Coast too, including Rockstar in New York and Bethesda in Maryland, and it’s easy to see how other state governments would be eager to get a piece of this lucrative pie. That’s why Rhode Island was so keen to offer a 75 million dollar loan to a new game developer called 38 Studios for their very first game, Kingdoms of Amalur: Reckoning.
Today, only three months after the launch of that title, the studio has folded, leaving Rhode Island in an embarrassing predicament".