Friday, May 25, 2012

38 studios

  • PROVIDENCE — Gov. Lincoln Chafee said today that 38 Studios is back in default with Rhode Island because the video game company violated its loan agreement by not informing state officials about yesterday's mass layoffs in advance.
  • (Boston Herald)
  • PROVIDENCE, R.I. (WHDH) -- Curt Schilling's video game company, 38 Studios, laid off all of its employees Thursday. This could effectively mean the end of the company. All 380 employees were laid off via email.
  • (
  • Rhode Island Department of Labor and Training director Charles Fogarty said today that the staff of 38 Studios, all of whom were laid off yesterday, will be able to find new jobs because they are highly skilled.
  • (Joystiq)
  • The closure of 38 Studios and Big Huge Games yesterday sparked a series of interesting events that make me both sad and proud to be a part of the greater gamer community.
  • (Joystiq)
  • BOSTON (Reuters) - The troubled video gaming company run by former Red Sox baseball great Curt Schilling seemed on the verge of collapse on Thursday and had laid off its entire staff, according to several gaming industry websites and other media.
  • (Huffington Post)
  • PROVIDENCE – Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC, the embattled video game developer founded by former Boston Red Sox pitcher Curt Schilling, was back in default on its $75 million loan guarantee deal with the state.
  • (Providence Business News)
  • The 38 Studios saga took another turn as a former employee accused the Rhode Island government of lying to the studio on Thursday over what it needed to do to secure tax credits from the state.
  • (Examiner)
  • The more than 400 employees at Providence, R.I.-based 38 Studios, the video game company founded by former Boston Red Sox pitching ace Curt Schilling, reportedly received layoff notices this week.
  • (The Business Journal)

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