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Looks Like 38 Studios is Close to Bankruptcy

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Comments

  • niceguy3978niceguy3978 Member UncommonPosts: 2,051

    It gets even worse for Schilling:

    Col. Steven G. O’Donnell, superintendent of the Rhode Island State Police, told the Journal today that his agency, the FBI, the U.S. Attorney’s office and the Rhode Island attorney general “are working together to investigate activities that have recently come to light at 38 Studios.”

  • maplestonemaplestone Member UncommonPosts: 3,099

    Sadly, there was an air of inevitability about it - it's hard to keep paying the bills after you lay off the staff.

    What will become of the assets now?  The accumulated work that they have done surely isn't going to be just flushed away, it will be auctioned off at some point?  Who will end up with that IP, how much can be salvaged and what will it be worth to them?

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