Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

38 Studios Epic Collapse

KendrickPanther

By KendrickPanther,
in Huddle Lounge

Recommended Posts

KendrickPanther Apprentice

KendrickPanther

Posted
Posted

Some of you may remember the recent video game flop "Kingdom of Amular". Well it was the first and last game produced by 38 studios. They were owned and financed by Curt Schilling who lost pretty much everything when game sales were solid but not spectacular. I just can't imagine having 50 million dollars in the bank and going into a highly competitive business like video games. He should have gone into low interest long term investments like bonds or CDs. I feel bad for his 300 employees that lost their jobs after not receiving a pay check in weeks. This is just a sad embarrassing story for Curt.

http://espn.go.com/boston/mlb/story/_/id/8084138/former-boston-red-sox-curt-schilling-says-baseball-fortune-all-gone-company-crash

Link to comment
Share on other sites
Doc Holiday Grand Master

Doc Holiday

Posted
Posted

I just read up some more on it, but who ever was running the company was a complete moron, to go that far in debt developing a game, and then not finding a proper publisher. the game apparently was half way decent and at least respectable.

I have no idea how they could rack up the debt amount that they did, the game apparently cost more to make then some summer block busters, something doesn't make sense.

Link to comment
Share on other sites
Doc Holiday Grand Master

Doc Holiday

Posted
Posted

I think it was a bad idea to take a 75 million dollar loan. I think I read an interest payment was $1.1m. Bungie could make Halo a bit cheaper for several reasons but the biggest would be it wasn't their first game. They didn't have massive overhead.

but still the game should not have cost that much to make, if that were the case every flop of the last 5 years would have put the company that made it under, but many are still producing games
Link to comment
Share on other sites
Zaximus Veteran

Zaximus

Posted
Posted

This is a real shame. Amalur is not a bad game by any means (for this generation... long live Ultima 7) and I hope Curt can get a bailout from someone who sees this.

Amalur was close to being a great game. Needed to be harder though, and have some glitches fixed, but it was fun other than that. I was hoping a patch would come out to fix some stuff, but yeah.

Link to comment
Share on other sites
Wyank Rookie

Wyank

Posted
Posted

but still the game should not have cost that much to make, if that were the case every flop of the last 5 years would have put the company that made it under, but many are still producing games

38 Studios was also working on a MMO set in Amalur. Supposedly it was to point that it was a working game. Some of that money could of been also used to make that game.

Link to comment
Share on other sites
Doc Holiday Grand Master

Doc Holiday

Posted
Posted

this still doesn't make sense the video makes the game look pretty decent, the first one was decent by todays standards if they were truly cash strapped why didn't a publisher pick them up?? I guess it will be a question that is never answered either that or someone figured that they could make more money on the IP if they let 38 go under rehire the staff and finish it. kinda cut throat but I guess that's what business is today.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • WhoKnows
      JJ Jansen on tanking

      By WhoKnows · Posted

      Yes. Fitt said he liked Young for two years. He hitched his wagon to him. Reich and Young were going 2-15, nothing I said we should get would have saved him. A new coach plus Tepper (and Morgan) would have wanted the draft assets we kept or got to be used by a better GM/Coach. SMH, you need to read my post and your own again. You said: “So we should have sold off all of our talent and what?” I was being sarcastic that they still were in the roster because the guys you are saying we shouldn’t have sold off got sold off anyway but instead of getting full value, we got scraps. We had an opportunity to sell at the highs and instead we let the stocks lose 50-75% and then sold them. Because we didn’t tank in 2022 when the Rams basically handed the idea to us, we either set the team back several years to where we won’t do anything and will be back at the drawing board or kept enough talent off the team that we may make the playoffs but we still won’t be a top team like an extra handful of 1st rounders could have gotten us.
    • Stumpy
      Canes vs Caps Rd 2 Gm 5 7pm

      By Stumpy · Posted

      Holy poo... we have allowed the fewest goals in the playoffs, total. Including the teams that lost in the first round... lmao
    • WhoKnows
      JJ Jansen on tanking

      By WhoKnows · Posted

      It was nothing. It was a nice run in an easy schedule that did nothing but lose us DJ Moore and a lot more. We were 2-15 in 2023. Based on your logic, that winning finish should have been a launching point. For as much as you want to say we shouldn’t have taken a risk, you still can’t admit that the plans we tankers laid out were proven correct. There’s no revisionist history. We said we should have traded Burns to the Rams. We said we should have sold off anything not bolted down like Brown and Horn and even Icky because they were in the 5 year plan. There is no disconnect, we tried to keep winning and draft a rookie QB and we lost about 4 1st round picks of value that could have been given to the guys you think might be the right crew.
×
×
  • Create New...