More Reviews
REVIEWS Final Fantasy XV Review
Fantastic voyage.

Cities: Skylines - Natural Disas Review
Not in Kansas anymore.
More Previews
PREVIEWS Let It Die Preview
Seems like Suda51 saw Frozen, played Dark Souls, and then got the lyrics mixed up.
Release Dates
NEW RELEASES Bethesda Pinball
Release date: 12/06/16


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oneshotstop
Welcome Back to the West
By oneshotstop
Posted on 08/01/16
The only thing that stops the dust is the rain. It’s a sweet reprieve, but there is no middle ground. The land is either as dry as the Betty Ford clinic, or as wet as the ocean floor. Everything can be seen from the ridge overlooking Armadillo as John Marston gently bounces along atop...

GAMING NEWS

38 Studios Sells Assets For $830,000, Rhode Island Still In The Hole

Posted on Friday, October 26 @ 18:56:16 PST by Alex_Osborn


The tragic demise of 38 Studios will almost certainly plague Rhode Island taxpayers for years to come. In an effort to chip away at that some of the debt, earlier this week an auction was held in the tiny New England state, bringing in $650,000. Last week a similar auction was held in Maryland to sell off the assets of Big Huge Games (former division of 38 Studios), bringing in $180,000.

If you do the math, you'll realize that the total made on sales isn't nearly enough to dig Rhode Island out of the hole of debt it is currently in. It's worth noting however, that the most valuable asset, namely the Kingdoms of Amalur IP, has not yet been sold. Apparently it will be done through a separate transaction that will take place some time in the coming months.

Right now, it is estimated that when the company filed for bankruptcy, it owed a whopping $150.7 million. So yeah, RI taxpayers are on the hook for quite a bit.

[Source]
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.



comments powered by Disqus

More On GameRevolution