Curt Schilling, 38 Studios, and Rhode Island

ironic that my video-game-loving son's public school may end up getting shuttered and consolidated because of a failed video game

schilling's the dope who drove this into a wall but carcieri's the moron who handed him the keys to his car, unfortunately I live in that car and, well, I don't really know where I was going with that metaphor

into a wall

Catherine Welch ‏@CWELCHRI
@RINPR Ex-38 Studio employee tells RIPR that Gov Chafee stonewalled the company
2:48 PM - 25 May 12 via web

i completely understand 38 employees being outraged at the sudden loss of their jobs but i honestly don't think chaffee is the appropriate focus for yr anger, dudes

he would not give us $78m more dollars

trying to make an MMO from the start seems like the worst business plan ever for a game company

i just don't know what oversight could the state have provided re: how the funding was dispersed, short of interfering with the actual development of the game?

are there any truly successful MMOs that aren't built on the back of existing IP and reputation

just imagine the RI general assembly getting involved in the development of an mmorpg

what on earth would that game be like

character class: potatohead

probably more interesting than a generic fantasy MMO

i hope this stops Delaware from staking its future on non-erotic Twilight fan fiction

just imagine the RI general assembly getting involved in the development of an mmorpg

what on earth would that game be like

― judas, a homo (elmo argonaut), Friday, May 25, 2012 4:30 PM (1 minute ago) Bookmark Flag Post Permalink

that is the game dont u see

Yeah, I'm wondering who made that call.

About starting with an MMO right out of the gate. Don't these people play Game Dev Story?

trying to make an MMO from the start seems like the worst business plan ever for a game company

― ciderpress, Friday, May 25, 2012 4:27 PM (6 minutes ago) Bookmark Flag Post Permalink

are there any truly successful MMOs that aren't built on the back of existing IP and reputation

― ciderpress, Friday, May 25, 2012 4:29 PM (4 minutes ago) Bookmark

yes its completely insane. how on earth did nobody in charge go WHOA WHOA WHAT THE FUCK before this money was given to schilling

new quest!
objective: bring me some stuffies & clamcakes from flo's

curt schilling with an entry into the nominative determinism hall of fame

someone probably said that already though

Scott MacKay ‏@ScotMackRI
Gotta love Rhode Island, only state that can take $75 million and turn it into a Schilling
11:19 AM - 25 May 12 via web

this is insane! i feel a little better about MN political culture now, at least we're gonna have a stadium out of the deal

yes its completely insane. how on earth did nobody in charge go WHOA WHOA WHAT THE FUCK before this money was given to schilling

― Hungry4Ass, Friday, May 25, 2012 4:35 PM (2 minutes ago) Bookmark Flag Post Permalink

well you see ppl involved in state government are essentially the lowest form of life on the planet

lower than dwarves and endelrons? i dunno man

does this mean the state of rhode island is going to own *googles* Kingdoms of Amalur: Reckoning

Chafee:

"If the company's not going to be profitable and can't give us the confidence [it can get] on solid footing, then we have to deal with the ramifications," Chafee said. "Industry experts tell us this is very, very expensive and it's not only the cost of producing the game, but then maintaining it once it's released, and then tens of millions of dollars to market it. I think the Red Sox lost Babe Ruth because the owner invested in a play called No No Nannette. And the play failed and he had to sell Babe Ruth. This is very very similar. The game failed. That was integral to the success of the company."

seems like 38 was in the process of developing another mmorpg as this all went down.

also:

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.

they've been developing that mmo for years, and in fact their single released game was one they got from buying out another studio because they had to release something

What the hell wrong with these people; make a match-3 iPhone game to start or sumthin, then work up a bit.

It's really not that hard to figure out; bit easier than making a MMO or three out of the gate.

http://news.providencejournal.com/breaking-news/2012/05/38-studios-bond.html

PROVIDENCE, R.I. -- A gaggle of lawyers from Cranston to Los Angeles -- including a former R.I. lieutenant governor -- shared close to $545,650 in payments from the state-backed sale of $75 million in taxable revenue bonds for former Red Sox pitcher Curt Schilling's collapsed video-game venture, 38 Studios.
The local payments from the 2010 bond sale included $124,790 to Adler Pollock & Sheehan, as legal counsel to the R.I. Economic Development Corporation; $36,990 to Taft & McSally as the state's disclosure counsel; $120,620 to First Southwest Company as financial adviser to the EDC; $190,000 to Moses & Afonso as bond counsel to the EDC; and a $12,250 "partial payment'' to Pannone Lopes Devereaux & West as local counsel to the "placement agent."
The lawyers involved in the bond sale approved by the EDC when Republican Governor Donald Carcieri chaired the board included: former Republican Lt. Governor Bernard Jackvony at Pannone Lopes Devereaux & West, according to recently released EDC documents.
At Taft & McSally, they included Robert Murray, a chief of staff to another former Republican governor, Edward D. DiPrete.
At Adler Pollock, they include the EDC's long-time legal adviser Robert Stolzman, and at Moses & Afonso, lawyers Antonio Afonso Jr. and Paul M. Harley.

^^ for ppl wondering how this could happen

this entire thing is one of the dumbest ideas ever

http://blogs.wpri.com/2012/05/25/salvatore-defends-38-studios-its-game-would-blow-you-away/

for that kind of money it better do more than blow me right fellas

somehow extra depressing that you only need $500k of corruption on a $75mn package.

RIP Rhode Island, you will now be known as Connecticut East.

Actually, I was biking home yesterday afternoon and some a-hole in a minivan with RI plates cut me off really closely and I wished bad things on the state. This is all my fault.

eh, don't worry about it. our state prides itself on bad driving & open corruption.

"Some of the hundreds of 38 Studios employees laid off yesterday were hit with a second round of bad news this week when they were told by banks that homes they thought the company had sold for them hadn't been and that they may be stuck with a second mortgage, Polygon has learned.

Several sources directly impacted by the mortgage issue confirmed the news today and a 38 Studios official, who asked to not be named, said the company is working to try and get to the bottom of the notifications and find a resolution."

http://www.theverge.com/gaming/2012/5/25/3043282/38-studios-downfall-leads-to-second-mortgages-for-some-employees

wow that's next level

The upside of all this is that Curt Schilling is going to be a bankrupt, broken man.

what are the odds of criminal charges being brought against 38 i wonder

eh, don't worry about it. our state prides itself on bad driving & open corruption.

hey, that's what we from New Jersey take pride in! we got their first!!

man my girlfriends parents could not stop talking about this the other weekend

blamed of course on unspecified "mini-obamas" in the RI gov't

objectively this is a terrible terrible thing but it's also basically hilarious

also will probably spend the whole day thinking about a rhode island RPG

You have obtained: DELS LEMONADE

ACHIEVEMENT UNLOCKED: BUCK A BOOK

blamed of course on unspecified "mini-obamas" in the RI gov't

do they not know that you are a communist propagandist?

blamed of course on unspecified "mini-obamas" in the RI gov't

mini... obamas...?

presidential imitators, dwarf division

lollipop choom gang

Character Race: Obama Dwarf
Character Class: Politician
Level: State Government (Appointed)

next trump http://www.si.com/extra-mustard/2016/09/28/curt-schilling-run-president-haha-sure

https://i.kinja-img.com/gawker-media/image/upload/s--JYqz9Ent--/c_scale,fl_progressive,q_80,w_800/r7t7jjyzhcggacqjivbc.jpg

lmfao

he still hasn't deleted it

Gotta go on Twitter and thank him for the display name