Neoseeker : News : Curt Schilling invested $50 million into 38 Studios
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Lesley Pro_04 Jun 22, 12
This was also mentioned on Sportscenter earlier this evening. Really sad to see this happen to one of the best pitchers of all time, who is on a leave of absence from his job working at ESPN.
Staff
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RabidChinaGirl Jun 22, 12
Lesley Pro_04 I'm sure he's still better off right now than the former employees of 38 Studios and Big Huge Games.
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BlackLabel Jun 23, 12
He most certainly is.. I know he's mentioned that life will be different though to him I guess that means living with $25 million in his bank account and not $75 million or whatever he had before. I can't imagine him ever having to truly work a day in his life again regardless of this so he's fine. Fortunately Microsoft and Epic gave his employee's jobs so they actually got a better deal out of all this crap, I just hope after this he vows to never lead a company again as he obviously hasn't got the business sense for it.
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levio91 Jun 23, 12
Something is wrong with you people. He lost 50 million of his own dollars. He spent the last 8 years of his life working on this game... He started working on this mmo before Kingdoms of Amalur: Reckoning. I was really looking forward to this MMO, even R.A. Salvatore and his son were working with this company. Dont blame Curt Schilling hes a true fan.
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levio91 Jun 23, 12
quote BlackLabel
I guess that means living with $25 million in his bank account and not $75 million or whatever he had before.
He didn't have 75 million dollars in his bank account before... that is how much his company owed to the state of Michigan. That money went to the employees salaries and the rest of cost of production of the games.
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BlackLabel Jun 23, 12
quote levio91
quote BlackLabel
I guess that means living with $25 million in his bank account and not $75 million or whatever he had before.
He didn't have 75 million dollars in his bank account before... that is how much his company owed to the state of Michigan. That money went to the employees salaries and the rest of cost of production of the games.
That wasn't my point..

I was merely assuming how much he may have had in his bank account before this shit and how much he has now. He says "life will be different" yet I can't imagine how different it will be for him. So he's down $50 million the only thing that will look different is the number on his bank statement, he's hardly bankrupt..

I get you were looking forward to games he was making, but he *bleep*ed up in a big way so I will blame him just like every single person that lost their jobs will be blaming him. I don't care how much of a true fan he is, it doesn't excuse making such monumental mistakes and putting a team of people through the stress of potentially being jobless in this economy.. Fortunately most of them got employed by bigger and better companies, but he played a dangerous game with a lot of peoples lives. He doesn't have my sympathy..
Staff
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bluexy Jun 23, 12
I'm beyond done with this story. Literally no winners, and a beautiful MMO that had years of time invested in it is doomed to the trash bin. Far as I'm concerned this is all just baseball or political news from here on out.
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Raijin1999 Jun 23, 12
Ir's rage inducing, for sure. Sucks that this happened, but they should have picked up on what wasn't working before it had gone so far.

Still have to get back to playing the game myself. Personally I didn't like it much, just felt wrong. Need to pull out the ol' magnifying glass and write something up about it when I get the chance.
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ShadowJ Jun 23, 12
quote RabidChinaGirl
Lesley Pro_04 I'm sure he's still better off right now than the former employees of 38 Studios and Big Huge Games.
The employees will be fine...the games industry are coming together to alert former 38 studios employees to jobs out there and they all have some talent that studios and companies will want to take advantage of.

blacklabel and levio91 I don't know much about Curt or his financial affairs but from the sounds of it, he used what he made from his baseball career to fund 38 Studios. However Curt himself admits that he has never owned a company before or been in the games business...I assume he has some money stashed away still but he has lost a lot of money from this venture and a lot of reputation.

You can point the blame any where you want but everyone involved in this matter has suffered a lost.

Kingdoms of Amalur is a good game, the fact that it had Todd McFarlane, R.A.. Salvatore and Ken Rolston all working on it isn't something to just snort at, they are all big names that have all made a world come to life. I have put a lot of hours into the game and enjoy it, sadly just co-op games have taken my fancy at the moment but I will get back into it.

It's just a shame we will never get to see any future titles from the same studio
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Raijin1999 Jun 23, 12
I was turned off by it's decision to emulate the look of WoW. I hate that look. Then I got as far into the intro to see the stabbed elf on the ground, and the sound effects and animations were... not very good (being kind). Then they try to tell you that nobody wants to help because it's intentional, but then you look at the big open space and the environment (looking past it's cartoony visuals), and you just can't believe that would happen. I mean, maybe in New York, because that's New York, but when they decided to open up on Amalur (if that's where that locale is located), they don't give you a sense that such things are commonplace. Now I do realize that's a very small issue for some and they'll push through no problem. For me, it's freakin' huge. I get very cerebral when playing games, and I want devs and scenario planners to think about all these factors 100% of the time, and I wasn't even seeing 50 there. Then again, I did think the combat was a nice twist. You don't see weapon combining like that often. If I can get a better sense of pacing maybe I can action-it-out and let the combat carry interest for as long as it can.
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Shadow of Death Jun 23, 12
From the quote, it seems that he's probably no longer a multi-millionaire. He does seem to have a pretty good job waiting for him though, but chances are he and his family will have to take their standard of living several pegs down. Still, so long as they aren't living like they used to they'll be fine I'm guessing.

That was much of his fortune though, so he implies. He put up his own fortune for the company, and didn't take any salary for himself. There is a good chance that the studio was just poorly managed because Amalur did quite well, and then there was that MMO (which was set in the same universe it seemed?).

Then again, perhaps it was just a screw-up of basic math. I mean, say they get $30 per every copy sold. Just for the $75 million loan they'd have to have sold 2.5 Million copies to pay that off, not accounting for salaries or the $50 million of that guy's own money. 2.5 Million copies sold is just an unreasonable goal for an unknown franchise.
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