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(Updated, 7:19 p.m.)
Former Red Sox pitcher Curt Schilling's video game company has laid off its entire staff in the wake of financial difficulties, according to multiple media reports.
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By PBN Staff
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Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that Rhode Island sabotaged the beleaguered video game company and drove potential investors away with public comments about its potential demise.
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By Patrick Anderson |
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In an interview on the Dennis & Callahan sports radio show on WEEI in Boston, former Red Sox pitcher Curt Schilling said that before his now-defunct videogame company 38 Studios LLC filed for bankruptcy, an investor pledged $15 million if Rhode Island agreed to renegotiate the loan - the state refused, according to The Boston Globe.
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(Updated, Feb. 28, 11:45 a.m.)
Three more members of the R.I. Economic Development Corporation Board of Directors have announced their intention to step down, bringing to eight the number who have left or asked off the board since last spring.
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By Patrick Anderson |
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Roger Williams University leaders have narrowed their search for a new downtown Providence branch to five locations and hope to recommend one to trustees next month, school officials said Thursday.
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By Patrick Anderson |
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Michael Pachter, managing director of equity research at Los Angeles-based Wedbuch Securities told gaming-publication Joystiq that 38 Studios' intellectual property is worth only $20 million.
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By Emily Greenhalgh |
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Still unable to pay its workers, 38 Studios LLC, the cash-strapped video game design firm founded by former Red Sox pitcher Curt Schilling, has released a video trailer for its new game, code-named “Project Copernicus.”
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By Emily Greenhalgh |
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38 Studios LLC, the teetering video game company of former Red Sox pitcher Curt Schilling, could be ineligible for million in state tax credits because the firm is incorporated in Delaware, not Rhode Island.
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The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday.
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By Emily Greenhalgh |
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(Updated 6:00 p.m.) Former Red Sox pitcher Curt Schilling’s beleaguered video game company 38 Studios LLC has declared bankruptcy as a formal investigation of the company begins.
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