More Reviews
REVIEWS Grim Fandango Remastered Review
This little light of mine. I'm gonna let it shine. Let it shine, let it shine, let it shine!

Funk of Titans Review
It’s always particularly tough to find the funk of a game when it already doesn’t have much rhythm.
More Previews
PREVIEWS The Witcher 3: Wild Hunt Preview
CD Projekt RED delivered hands-on of their latest installment of their HBO-like fantasy RPG. How does the monster-hunting mutant fare this go around?
Release Dates
NEW RELEASES RUGBY 15
Release date: 02/01/15

DEAD OR ALIVE 5 Last Round
Release date: 02/17/15

Dragon Ball XENOVERSE
Release date: 02/24/15


LATEST FEATURES 5 Best Zelda Games of All Time
Nintendo's epic adventure series has seen many entries over the years. Here are the very best of the bunch.

Blades of Steel, NHL 94, More 90's Hockey - Old Games With Grandpa Heath
If Captain Comic were picking players for a pickup hockey game, who would be his first choice? Probably Cliff Ronning.
MOST POPULAR FEATURES PlayStation Downloads January & February 2015 - Monopoly, January's Free PS+ Games
Have you been playing online with your PlayStation devices? Make sure to get these free games for the month of January in our weekly update feature.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437
Finally Broke My Crowdfunding Rule
By oblivion437
Posted on 01/12/15
I've had a long-standing rule to avoid getting involved in any sort of crowdfunded activities.  I didn't donate to Shadowrun or Wasteland, but I did buy and enjoy both of them (I'm plugging both of those games right now, just so you know they're good).  I haven't...

GAMING NEWS

Rhode Island Wins Control Over 38 Studios' Assets

Posted on Thursday, August 9 @ 09:37:07 Eastern 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.


More from the Game Revolution Network




comments powered by Disqus