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Home News 38 Studios Breaks Promise, Leaves Ex-Employees With Two Mortgages

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38 Studios Breaks Promise, Leaves Ex-Employees With Two Mortgages

Posted on Sunday, May 27 @ 12:51:43 Eastern by Jonathan_Leack

The massive meltdown of Kingdoms of Amalur: Reckoning's developer 38 studios might even be worse than originally thought.

The Verge is reporting that several employees who were let go from 38 studios this week are also now responsible for paying a second mortgage. According to more than one source executives at the company promised to sell the homes of several employees in an effort to have them move closer to the Rhode Island-based studio. However, a few months have passed and the employees are coming to find out that their home was never sold and are now receiving notices from banks wondering why mortgages haven't been paid.

The sad part about all of this is everyone was jazzed to see Schilling start up a company and conceive a deep RPG, and Kingdoms of Amalur: Reckoning wasn't half bad. For the studio to collapse as quickly as it did and have the members of the team not only be left unpaid for almost a month but to have another home mortgage to worry about is the last thing this industry needs.

If this information is accurate, this might be the worst gaming studio break-up in history, and going well beyond what happened with Infinity Ward in 2009.
Related Games:   Kingdoms of Amalur: Reckoning
Tags:   38 Studios


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Comments
  • warmaster670
    warmaster670
    Joined: Jun 2007
    Posted: May 27th, 2012 at 2:25 pm
    gotta feel bad for game decs/tester, they just get treated like pure ****, and its all allowed.
    0 1
  • TheJx4
    TheJx4
    Joined: Jun 2011
    Posted: May 27th, 2012 at 4:27 pm
    This doesn't even compare to what happened with IW...they had a deal waiting for them. Creators of the a best selling franchise, what do they have to worry about?

    Hopefully these guys can find jobs before things get too bad.
    0 0
  • ShadeTail
    ShadeTail
    Joined: Nov 2006
    Posted: May 27th, 2012 at 11:26 pm
    Considering Schilling's biography, I am unfortunately not very surprised. This is a guy who claims to believe in "small government" but still got government backing (i.e. a state-granted loan) to locate a business in Rhode Island. Somehow, I get the impression that he didn't actually think this "running a business" thing all the way through.
    0 0
  • Ranim
    Ranim
    Joined: Nov 2005
    Posted: May 27th, 2012 at 11:56 pm
    Did you seriously just say Infinity Ward when you meant Flagship Studios?
    0 0
  • Jonathan_Leack
    Jonathan_Leack
    Joined: Jan 2012
    Posted: May 28th, 2012 at 9:36 am
    Flagship was very bad, too. I used Infinity Ward as an example since it's probably the most well-known.
    0 0
  • OdiousLupous
    OdiousLupous
    Joined: Jul 2011
    Posted: May 28th, 2012 at 3:18 pm
    Never take a promise over a legally binding contract.
    0 0
  • LinksOcarina
    LinksOcarina
    Joined: Nov 2005
    Posted: May 29th, 2012 at 12:31 pm
    I guess it sucks for Schilling and company...next time he should run the business a bit better.
    0 0

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