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Looks Like 38 Studios is Close to Bankruptcy

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  • YaosYaos Member UncommonPosts: 153

    Take Fable and The Elder Scrols and smash them together by people who think Fable is a good series and have no clue why anything in The Elder Scrolls exists. That's Kingdoms of Amalur. It's a very, very, bad game.

  • eyeswideopeneyeswideopen Member Posts: 2,414

    Originally posted by Yaos

    Take Fable and The Elder Scrols and smash them together by people who think Fable is a good series and have no clue why anything in The Elder Scrolls exists. That's Kingdoms of Amalur. It's a very, very, bad game.

    Peter Molyneux should be shot and put out of our misery.

    -Letting Derek Smart work on your game is like letting Osama bin Laden work in the White House. Something will burn.-
    -And on the 8th day, man created God.-

  • EmeraqEmeraq Member UncommonPosts: 1,064

    Originally posted by JeroKane

    Originally posted by Gajari

    KoA was pretty terrible, imo, so I wouldn't be surprised.  Aside from Curt Schilling funding them, and he didn't seem too worried about money, but who knows.

    This, the game was an absolute borefest! with graphics even worse than WoW today.

    Graphics even worse than WoW.. Um no, that must be your PC.. The game is a lot better looking than WoW. And it's not as horrible as everyone is saying.... It makes me wonder how many people actually played the game. It's not Skyrim but it's not supposed to be either.

  • madazzmadazz Member RarePosts: 2,115
    Originally posted by JeroKane


    Originally posted by Gajari

    KoA was pretty terrible, imo, so I wouldn't be surprised.  Aside from Curt Schilling funding them, and he didn't seem too worried about money, but who knows.

    This, the game was an absolute borefest! with graphics even worse than WoW today.

     

    Wow.... Exaggerate much? It was a boring game but to lie about the graphics...
  • madazzmadazz Member RarePosts: 2,115
    Originally posted by Emeraq


    Originally posted by JeroKane


    Originally posted by Gajari


    KoA was pretty terrible, imo, so I wouldn't be surprised.  Aside from Curt Schilling funding them, and he didn't seem too worried about money, but who knows.

    This, the game was an absolute borefest! with graphics even worse than WoW today.

    Graphics even worse than WoW.. Um no, that must be your PC.. The game is a lot better looking than WoW. And it's not as horrible as everyone is saying.... It makes me wonder how many people actually played the game. It's not Skyrim but it's not supposed to be either.

     

    Glad someone else called him on his bs about the graphics.

    However, I played the game. I tried twice. Both times I just couldn't force myself to play anymore. Who had the idea to put mmo quests in a single player game? Just my opinion, but it killed the whole game for me.
  • fadisfadis Member Posts: 469

    Originally posted by madazz

    Originally posted by JeroKane

    Originally posted by Gajari

    KoA was pretty terrible, imo, so I wouldn't be surprised.  Aside from Curt Schilling funding them, and he didn't seem too worried about money, but who knows.

    This, the game was an absolute borefest! with graphics even worse than WoW today.

     

    Wow.... Exaggerate much? It was a boring game but to lie about the graphics...

    No.  They aren't even close to as bad as WoW - but they also don't look particularly great.  They have a very plastic/beentheredonethat10000timesbefore look. 

  • I've been worried about Copernicus for a while now.  It's supposed to release at the end of this year and we haven't seen anything yet or heard any particulars about the game.  In this day and age of word of mouth marketing that doesn't bode well.

     

    On KOA - I believe it was developed by folks in Maryland from 38 Studios picking up Big Huge Games.  Don't think a lot of folks from the MMO part were involved.

     

    Pretty sure all the problems are tied around the RI MMO Studio which just moved there from Boston to get the loan from the state.  So instead of crunching to get some stuff ready for trade shows they've been busy moving not just the offices but every employee.

  • eyeswideopeneyeswideopen Member Posts: 2,414

    I just got off the phone with my neice who lives in Woonsocket, R.I.

    It is not a pretty picture for 38 Studios there.

    The ciizens of R.I. are up in arms about being potentially liable for 112 million and are putting a shit ton of pressure on the governor of R.I.

    There's a good chance 38 Studios may cost the governor his job due to a recall over this.

    You can imagine, therefore, the pressure the governor is putting on 38 Studios.

    I expect Copernicus is dead in the water and 38 Studios will end up dissolved and sold off to ease the debt burden the citizens of R.I. will have to pay for.

     

    Edit: I also expect no other game developers will enjoy public funding in R.I. ever again.

    Good job, Mr. Schilling.

    Next time, don't quit your overpayed day job and stick to what you know.

    -Letting Derek Smart work on your game is like letting Osama bin Laden work in the White House. Something will burn.-
    -And on the 8th day, man created God.-

  • SuperXero89SuperXero89 Member UncommonPosts: 2,551

    eta on kickstarter project?

  • AbdullaDooAbdullaDoo Member Posts: 60

    You can listen to a clip from news radio in Providence here:

    http://www.630wpro.com/Article.asp?id=2456271&spid=

     

    "In the hiring of all of the individuals, the salaries they were talking about, they're eating up $20-25 million a year just in salary."

    "If it was a bank that had to lend this type of money, they'd require all kinds of statements on a regular basis."

    "The Rhode Island taxpayers will be responsible if 38 Studios cannot pay it back."

     

     

  • caremuchlesscaremuchless Member Posts: 603

    Way to trash a guy who put his all into a company and a game. Just saying, its not like any of you have ever made a sucessful RPG.  Are there some yankee fans on this thread?

     

    image

  • greyed-outgreyed-out Member Posts: 99

    The current governor will not be recalled because of this as the deal was signed and done by the outgoing previous governor, and during the election Chafee was opposed to the deal all along.  Now he has the responsibility to try to salvage the deal as best he can, but he inherited it- not created it.

    There are obviously very serious problems, but the outlook isn't entirely doomsday.  The media sure knows how to work people up into a frenzy though.

    http://news.providencejournal.com/br...ker-fox-1.html



    'Asked whether he had any concerns about the company's survival, Fox said: "My sense right now, from what I have been told is if they work out what seems to be, in terms of high finance, minor issues, that they will survive..'' '

    If 38 can secure bridge financing, and restructure enough to reduce operating expenses, they could see this thing through to the end.  But anything they do, must be necessity have the approval of the EDC/R.I.

    Unfortunatley, if EA or another publisher hasn't funded Reckoning2, as some rumors suggest, then its likely that BHG will either be quickly sold or layed off as a casualty of all this.

  • WickedjellyWickedjelly Member, Newbie CommonPosts: 4,990

    Originally posted by caremuchless

    Way to trash a guy who put his all into a company and a game. Just saying, its not like any of you have ever made a sucessful RPG.  Are there some yankee fans on this thread?

     

    Yes..clearly this is all about about disenfranchised Yankee fans. How astute of you to notice.

    You busted them. Good for you

    1. For god's sake mmo gamers, enough with the analogies. They're unnecessary and your comparisons are terrible, dissimilar, and illogical.

    2. To posters feeling the need to state how f2p really isn't f2p: Players understand the concept. You aren't privy to some secret the rest are missing. You're embarrassing yourself.

    3. Yes, Cpt. Obvious, we're not industry experts. Now run along and let the big people use the forums for their purpose.


  • Originally posted by eyeswideopen

    I just got off the phone with my neice who lives in Woonsocket, R.I.

    It is not a pretty picture for 38 Studios there.

    The ciizens of R.I. are up in arms about being potentially liable for 112 million and are putting a shit ton of pressure on the governor of R.I.

    There's a good chance 38 Studios may cost the governor his job due to a recall over this.

    You can imagine, therefore, the pressure the governor is putting on 38 Studios.

    I expect Copernicus is dead in the water and 38 Studios will end up dissolved and sold off to ease the debt burden the citizens of R.I. will have to pay for.

     

    Edit: I also expect no other game developers will enjoy public funding in R.I. ever again.

    Good job, Mr. Schilling.

    Next time, don't quit your overpayed day job and stick to what you know.

    Public funding on ventures like this is a terrible idea to beging with.  Chafee musta been high.  And now Studio 38 is in a terrible position with a governments and governors hooks in them going over thier dirty laundry because they are scared about an election.

     

    Can you imagine how the beta would get run with a bunch of IRS auditors breathing down people's necks.  They certainly wouldn't be saying things like "It'll release when its done".

     

    Any MMO that has a politicians hooks into it is doomed.  period.

  • Loke666Loke666 Member EpicPosts: 21,441

    Originally posted by madazz

    Glad someone else called him on his bs about the graphics. However, I played the game. I tried twice. Both times I just couldn't force myself to play anymore. Who had the idea to put mmo quests in a single player game? Just my opinion, but it killed the whole game for me.

    Agreed. I personally wish that MMOs got rid of quests like that, adding them in a singleplayer games was not a good idea.


  • Originally posted by AbdullaDoo

    You can listen to a clip from news radio in Providence here:

    http://www.630wpro.com/Article.asp?id=2456271&spid=

     

    "In the hiring of all of the individuals, the salaries they were talking about, they're eating up $20-25 million a year just in salary."

    "If it was a bank that had to lend this type of money, they'd require all kinds of statements on a regular basis."

    "The Rhode Island taxpayers will be responsible if 38 Studios cannot pay it back."

     

     

    Many developers make over a $100k+ a year.  You hire 100 developers your paying $10M a year.  And that is being very conservative. 

     

    Anyone getting into a venture like this who doesn't understand there would be somewhere in that neighborhood in salaries is fucking incompetent.

  • kokopuffkokopuff Member Posts: 94
    Game is complete vaporware. Source:I work in the building they rented from. empty empty space
  • BeansnBreadBeansnBread Member EpicPosts: 7,254

    How much is one Schilling worth?

     

    To my 2001 World Series Diamondbacks, it is worth a World Series.

     

    To Rhode Island, it is worth negative $112.6 million.

  • xmentyxmenty Member UncommonPosts: 719

    GW2 only have 270 people to do AAA b2p MMO.

    38S borrowed 75mil in return have to employ 450 people in RI doesn't really make sense.

    Kurt Schilling should have not make that deal.

     

    He should just start it small, independant and he could outsourced some work to save cost.

    Pardon my English as it is not my 1st language :)

  • bartoni33bartoni33 Member RarePosts: 2,044

    Originally posted by kokopuff

    Game is complete vaporware. Source:I work in the building they rented from. empty empty space

    Game exists. I played it. Emply office might equal just a mailing address as opposed to a PO box.

    KoA only sold 300k or whatever amount because it was overpriced. They priced themselves out of the running. $60 is crazy talk for this and most games. Worth half that maybe.

    Bartoni's Law definition: As an Internet discussion grows volatile, the probability of a comparison involving Donald Trump approaches 1.


  • Loke666Loke666 Member EpicPosts: 21,441

    Originally posted by xmenty

    GW2 only have 270 people to do AAA b2p MMO.

    38S borrowed 75mil in return have to employ 450 people in RI doesn't really make sense.

    Kurt Schilling should have not make that deal. 

    He should just start it small, independant and he could outsourced some work to save cost.

    To 38s defense are they also making single player games.

    But yeah, they probably took too much water over their heads. Undead labs are doing the same thing with a lot less cash. Of course UL do have a very experienced lead designer and programmer while 38S main talents are an artist and a writer, skipping on good programmers can get really expensive.

    I hope they turn things around though, we need more AAA MMOs, not less.

  • bishboshbishbosh Member Posts: 388

    this is good news.. im happy to hear this.

     

    we dont need anymore WOW clones. not only is it boring to play them, it no longer makes money.

     

    im sorry devs, you need to think and create now. riding on the back of WOWs success doesnt work anymore.

     

    not to mention that making a clone a video game is pointless. we can just play the original. its a complete waste of money, time and resources.

  • kokopuffkokopuff Member Posts: 94

    Originally posted by bartoni33

    Originally posted by kokopuff

    Game is complete vaporware. Source:I work in the building they rented from. empty empty space

    Game exists. I played it. Emply office might equal just a mailing address as opposed to a PO box.

    KoA only sold 300k or whatever amount because it was overpriced. They priced themselves out of the running. $60 is crazy talk for this and most games. Worth half that maybe.

    38 studios did not develop KoA, they bought another dev company and had them change their game they were working on. The mmo they were supposedly making is vaporware, they rented 6 floors of the building I'm in and four of them had no one in them ever.

  • greyed-outgreyed-out Member Posts: 99

    Originally posted by gestalt11

    Public funding on ventures like this is a terrible idea to beging with.  Chafee musta been high.  And now Studio 38 is in a terrible position with a governments and governors hooks in them going over thier dirty laundry because they are scared about an election.

     

    Can you imagine how the beta would get run with a bunch of IRS auditors breathing down people's necks.  They certainly wouldn't be saying things like "It'll release when its done".

     

    Any MMO that has a politicians hooks into it is doomed.  period.

    I don't think it was a smart idea either (from the public's persepctive), but again, for the record, Chafee was against this deal from the very beginning.  The deal was signed and sealed during the previous election and is on the shoulder of the previous governor, Carcieri.  Chafee inherited the responsibility to try to keep the studio going in the best interest of the public.  One of the problems it appears is that there hasn't been enough oversight.

  • adam_noxadam_nox Member UncommonPosts: 2,148

    Strange, I thought KoA was great, and for a 60 dollar game you got at least 2 hours of enjoyment per dollar, way more than you get for other games these days.  I'm shocked by the low sales volume.

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