38 Studios doesn't make payroll, can't pay state either [update] - Joystiq
Its stories like this that make me question the notion we need a new generation of consoles. 38 Studios owns Big Huge Games, which made Kingdoms of Amalur. It sold 500k, which seemed to do more for EA's financials than the studio itself.
38 Studios took a loan from the state of Rhode Island and put it toward production of an Amalur MMO (dumb). Now they can't pay back the loan or pay thier employees.
Moral of the story: Don't blow you'd loan money on an MMO probably no one wanted and don't partner with a publisher that sees you as a means to an end.
Its stories like this that make me question the notion we need a new generation of consoles. 38 Studios owns Big Huge Games, which made Kingdoms of Amalur. It sold 500k, which seemed to do more for EA's financials than the studio itself.
38 Studios took a loan from the state of Rhode Island and put it toward production of an Amalur MMO (dumb). Now they can't pay back the loan or pay thier employees.
Moral of the story: Don't blow you'd loan money on an MMO probably no one wanted and don't partner with a publisher that sees you as a means to an end.
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