38 Studios Possibly in Financial Trouble

From the developers of Kingdoms of Amalur: Reckoning, the MMO that has put 38 Studios into the ring of gaming, seems to be faced with financial woes. The Governor of Rhode Island, Lincoln Chafee, is said to be working with the company closely with Curt Schilling, owner, to see if they can do anything to  “keeping the company solvent”. While no details were given, the PR wasn’t heart warming and suggests 38 Studios is running into a financial drought. The state is well invested in the company too, 75 million worth. I just hope the stormy clouds dissipate and the company comes out back on top, no one likes to see any company in this industry in the hole.  Release:

“We’re concerned and just doing everything possible to ensure that 38 Studios stays part of the Rhode Island community,” Governor Chafee told WPRI.com. “We’re working on different issues with them.” Asked if 38 Studios’ issues could be resolved, Chafee said, “We’re working on it.”

Source – Joystiq.com

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