30°
Submitted by LoudHawk 904d ago | news

Rhode Island Takes Control of 38 Studios

According to Bloomsberg, Rhode Island has finally gained ownership of 38 Studios. This fiasco began last year when 38 Studios, makers of Kingdoms of Amalur, moved to Rhode Island from Massachusetts after receiving $75 million in funds from the state of Rhode Island. 38 Studios gave control of their assets and all copyrights to Rhode Island as collateral. After filing for bankruptcy, it was revealed the Amalur studio also owed $30 million to EA, their publishers. (38 Studios, Industry)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
20°

You Can Now Pre-Order Xenoblade Chronicles 3D From Best Buy

16m ago - RPG fans in the U.S. can now pre-order Xenoblade Chronicles 3D from Best Buy ahead of its April 2... | 3DS
20°

Quick Look: iO

22m ago - You move, you grow, there are physics. In fact, puzzle games are a lot like life, if you think ab... | PC
30°

Quick Look: Dying Light

22m ago - Brad and Rorie grab their french wrenches and parkour their way to survival. | PC
20°

VGamerZ's GameZ of 2015: #3- Majora's Mask 3D

31m ago - Another instalment of VGamerZ's GameZ of 2015 series. This time featuring the return of the Legen... | 3DS
Ad

Check out the new Bloodborne Trailer

Now - Sony just released a new trailer of the upcoming PS4 exclusive by From Software and SCE Japan Studio. | Promoted post
30°

Fighting sim VHS Story clears Steam Greenlight in 5 days

32m ago - Four-man indie studio's martial artist life manager graduates from Steam Greenlight, aims for clo... | PC