Boston.com:Former Red Sox star Curt Schilling said Friday that his Rhode Island video game company, 38 Studios LLC, went bankrupt two weeks ago largely because it couldn’t raise more money from outside investors.
Didn't even warn his workers about the financial troubles of the company
$50 million in the company, in addition to $5 million to $10 million from other wealthy investors and a $75 million So $140 million WTF happened to all that money?
Hundreds of workers working on two games?
and for several years it all adds up
It's hard to imagine where such huge amounts of cash went. Seems 38 Studios financial management team weren't in the same league as their development team. Great shame and a real waste.
It is a lot of cash but Kingdoms of Amalur didn't sell well at all. Worldwide its sold around 600k copies so it didn't make anything back from it which sucks because I really liked it. They also picked up Big Huge Games from THQ (THQ shut the studio down and sold it off) and kept all the staff, that cost money too. I doubt its dlc sold that well either.
it sold about 2 mill actually......it just needed 3 mill to break even dont know where you got the 600 k from.
I pulled it from vgchartz but that 600k was from 360 sales, didn't notice the total from all versions. Still it only shows its sold over 1.19 mill
N4G is a community of gamers posting and discussing the latest game news. It’s part of NewsBoiler, a network of social news sites covering today’s pop culture.