More Reviews
REVIEWS Minecraft: Story Mode - Episode Review
The Order of the Stone attend a fancy dinner, but the main course... is murder!!!!

Mighty No. 9 Review
Mighty No. 9 is a crowd-funded trash fire.
More Previews
PREVIEWS Tyranny Preview
Obsidian Entertainment's new venture is looking like one of the best of the year.
Release Dates
NEW RELEASES Mighty No. 9
Release date: Out Now

LEGO Star Wars: The Force Awakens
Release date: 06/28/16


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Ivory_Soul
Windows 10 Review for Dummies
By Ivory_Soul
Posted on 08/11/15
After all these years, and growing up with Windows 3.1, I have seen an entire evolution of computers and software. Touch screens and large resolutions were a pipe dream just 15 years ago. Now it's the norm. Going from a Packard Bell (yes, before HP) that couldn't run 3D Ultra Mini...

GAMING NEWS

Rhode Island Wins Control Over 38 Studios' Assets

Posted on Thursday, August 9 @ 09:37:07 PST by Keri_Honea


That's right, a state now rightfully owns all of 38 Studios' properties, including Kingdoms of Amalur: Recknoing and its MMORPG sibling, "Project Copernicus." Rhode Island will later seize all of the studio's computer equipment to keep Amalur "as intact as posible" to sell it.

How did this happen? Well, Rhode Island issued $75 million in state bonds to 38 Studios to get them to relocate to Rhode Island from Massachusetts. The studio, in turn, offered its assets, including patents, software, property, and all rights to its IPs as collateral. When 38 Studios went bankrupt, Rhode Island stepped in to seize all of these assets so that a banruptcy trustee could not sell them. Now Rhode Island has a chance to sell off these assets in order to make up some of the money the state has pretty much taken from taxpayers.

At least Rhode Island is going to sell the IP instead of trying to develop it on its own. I shudder at the thought of a governmental body trying to create a sequel to Kingdoms of Amalur: Reckoning or trying to finish Project Copernicus.

[Source]
Tags:   38 Studios
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.




comments powered by Disqus

More On GameRevolution