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38 Studios claims state withheld funds from ‘negotiated deal’
Former Red Sox pitcher Curt Schilling’s bankrupt video game company, 38 Studios LLC, claimed that the state of Rhode Island refused to honor a “fully negotiated deal and agreement” to give the company funding from film tax credits, reported The Boston Globe. more
| 6/18/12 | 1 comment
38 Studios starts liquidation
Former Red Sox pitcher Curt Schilling’s defunct videogame company 38 Studios LLC begins liquidation Tuesday, news sources report. more
| 7/10/12 | 1 comment
PBN Summit: social, mobile and big data are trending
More than 250 members of the Rhode Island business community weathered the cold rain on Wednesday morning to attend the Providence Business News Social Media and Marketing Summit. more
| 2/27/13
Moody’s affirms 38 Studios bond rating on R.I.’s moral obligation
Moody’s Investors Service – a globally recognized rating company – affirmed the ‘A2’ rating on 38 Studios’s bonds since the bonds’ “stable” outlook is based on the state’s moral obligation pledge, which high-ranking Rhode Island officials say they intend to honor. more
Foulkes resigns from EDC board
CVS Caremark Corp. Executive Vice President Helena B. Foulkes resigned as vice chairwoman of the R.I. Economic Development Corporation Board of Directors Thursday as continued controversy over the handling of 38 Studios LLC’s $75 million loan guarantee wracks the quasi state agency. more
MacLean, Blakely leave 38 Studios
(Updated, 6:30 p.m.) Gov. Lincoln D. Chafee on Wednesday said the apparent departure of two of 38 Studios’ top executives – CEO Jen MacLean and Senior Vice President of Product Development John Blakely – "is not good news" for the struggling video game company. more
| 5/23/12
EDC board takes no action on 38 Studios
The R.I. Economic Development Corporation board of directors adjourned its regularly scheduled monthly meeting on Monday without taking any action on the troubled video game developer 38 Studios LLC. more
| 5/21/12
Schilling departs EDC board meeting
(Updated, 7:45 p.m.) 38 Studios LLC founder Curt Schilling, along with a team from his company, have come and gone from the weekly meeting of the board of directors of the R.I. Economic Development Corporation without a comment. more
| 5/21/12
Providence student’s music downloading damages left intact by Supreme Court
The U.S. Supreme Court left intact a $675,000 jury verdict against a college student who downloaded and redistributed thousands of songs from the Internet without paying. more
NESN and WJAR announce partnership
WJAR-TV NBC 10 and NESN – New England’s most watched sports network – announced a content sharing partnership for Red Sox and Bruins coverage. more
| 5/23/12
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