More Reviews
REVIEWS Sid Meier's Civilization VI Review
The great empire.

Dragon Ball Xenoverse 2 Review
You've played this before.
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 Ginger: Beyond The Crystal
Release date: 10/28/16

Read More Member Blogs
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...


Rhode Island Might Soon Own Kingdoms of Amalur

Posted on Wednesday, May 16 @ 17:14:22 PST by

Yesterday, Keri reported on the financial troubles of 38 Studios, developer for the critically well-received Kingdoms of Amalur, to whom Rhode Island "secured $75 million in Loans to persuade 38 Studios to relocate to Rhode Island from Massachusetts".

Now, after delving into the legal documentation of the deal, the state of Rhode Island might become the owners of Kingdoms of Amalur if the company defaults on its loan. It will also be in possession of "Project Copernicus", a title currently in development at the studio.

Though this type of default commonly occurs for houses or cars if payments cannot be made on time, this is a rare case for a studio. According to the documentation, 38 Studios had placed all of its present and future IPs by the company as collateral, so everything they have developed, are developing, and will develop is up for grabs.

Of course, the state of Rhode Island knows little about running a video game development studio, so if 38 Studios defaults, it will likely take the IPs and put them up for auction to the highest bidder in the hope that the sale will cover the $75 million loan. If it doesn't, well, 38 Studios won't be around for much longer.


comments powered by Disqus

More On GameRevolution