Kingdoms of Amalur: Reckoning

Kingdoms of Amalur: Reckoning News for Xbox 360

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Kingdoms of Amalur: Reckoning screenshot
Kingdoms of Amalur: Reckoning screenshot

38 Studios, the developer behind moderate PC and console hit Kingdoms of Amalur: Reckoning, is reported to have been unable to pay its staff this week. The news comes as the studio struggles to meet loan repayments.

A Rhode Island Economic Development Corporation spokesperson - which funded the studio - confirmed the news to local media WRPI.

38 Studios is working to meet an overdue payment of $1.125 million to RIEDC.

Bond documents reveal the studio is home to 379 full time employees, but it's not clear how many have been affected. A Joystiq source close to the studio says that all temp staff and contractors have been released.

The RIEDC is currently thinking over its options about whether to help keep 38 Studios solvent, with a further meeting planned for Monday.

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Clockpunk's Avatar

Clockpunk

Can't say I'm surprised. Professional baseballer buys his way into a business that he knows nothing about, and instantly pushes to make an MMO.

Who could have foretold that financial disaster would ensue?

Also, apparently Salvatorwe was paid around $1.5 million for coming up with that bland oatmeal-esque setting...! The only writer worth a significant sum, IMHO, is Rhianna Pratchett, and even then that would be ridiculous.
Posted 11:46 on 18 May 2012
Wido's Avatar

Wido

This is very bad news. 38 Studios did a cracking job with Kingdoms, even though I need to play the game a lot more!
Posted 11:08 on 18 May 2012

Game Stats

Technical Specs
Release Date: 10/02/2012
Developer: 38 Studios
Publisher: Electronic Arts
Genre: RPG
No. Players: One
Rating: BBFC 18
Site Rank: 382 34
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