38 Studios Assets handed to Rhode Island, IP expected to go up for sale

38 Studios and Big Huge Games

Although the alternative is the State of Rhode Island creating its own video game from the Amalur or Copernicus IP’s, which doesn’t seem likely. Yes, Rhode Island – trustees in the bankruptcy scandal that brought 38 Studios and Big Huge Games crashing down, have just been awarded the rights to the intellectual property (and physical property, including chairs and tables) from the companies to whom they loaned $75 million. Presumably, Rhode Island will now attempt to sell the IP to recover some of the money they invested, which could very well mean EA picking it up again – or perhaps a different company entirely.

Source: VG247

One comment (Leave your own)

what a shame this has happened, i know the baseball superstar meant well but really? he should be nailed to the wall for stuffing around with a gaming business he knows nothing about, even though he funded the whole thing himself. You my friend are the douche bag of the year

 
Leave a comment

You can use the following bbCode
[i], [b], [img], [quote], [url href="http://www.google.com/"]Google[/url]

Leave a Reply

Follow Games.on.net

Steam Group

Subscribe

Subscribe

Stay updated and get games.on.net delivered daily to your inbox!

Email:

Upcoming Games

Releasing Soon
Dead Island: Riptide Metro: Last Light Company of Heroes 2

Community Soapbox

Recent Features
Civilization V: Brave New World

Hands-on with Civilization V’s Brave New World expansion

James tries to recreate the rise and fall of the Mayans in Civ V's new expansion.

Gigabyte Metro Last Light Comp

Gear up for the Metro with Gigabyte! Win yourself a new GTX660 and more

Crush the mutants into submission with these new tools. Click here and enter!

Vireio Perception

Vireio Perception vs. Oculus Rift: An open letter to Nate Mitchell

The developers behind open-source Oculus Rift drivers take issue with Nate Mitchell's claims.

Metro: Last Light

Metro: Last Light reviewed (PC) – A beautiful post-apocalyptic prima donna

Metro is beautiful, but is too in love with itself to let you play it. Watch the video review inside.

Streaming Radio
Radio Streams are restricted to iiNet group customers.

GreenManGaming MREC

The Regulars
Windows 8.1

Friday Tech Roundup (17 May 2013): Windows 8.1 is almost upon us

Plus, Google CEO says "don't be evil" was "stupid", and the $325,000 in-vitro burger.

Clive Barker's Jericho

Sitrep: A Troubled Romance with Clive Barker’s Jericho

Toby's guilty pleasure is this atrociously designed FPS.

Binary Domain

You Know What I Love? Rough Games

Brendan explains how sometimes it's better to try for something new than polish something old.

7GHz Haswell Processor

Friday Tech Roundup (10 May 2013): Would you like a 7GHz processor?

Plus quantum internet a reality, and the open-source gun controller.

Facebook Like Box

Friends of games.on.net