Friday, May 25, 2012

‘The Avengers’ Makes P281M in 5 Days Biggest Opening Ever PHL BoxOffice History! 38 Studios Lays Off Staff Shuts Down Big Huge Games Is This The End Employees Still Unpaid Health Coverage Ends Thursday Senior Executives Quit 'Kingdoms Of Amalur' Developer Faces Financial Reckoning As First MMO Trailer Released opts to pay loan not employees struggles remain solvent heads flee troubled company ExPhillie defaults on $75M state Layoffs at BioWare and Former DBacks Curt Schilling's video game lays off entire staff Reports of studios lay shut down Report Entire Project Copernicus is Most Likely Dead JockSpin.com Owned by Schilling dev unpaid since May 1 healthcare runs out Chafee wins praise for response Amalur IP worth $20 million Analyst

38 Studios Reportedly Lays Off Staff, Shuts Down Big Huge Games - Is This The End? Following weeks of bad financial news at game developer 38 Studios, founded by former Red Sox pitcher Curt Schilling, it appears the fledgling studio is laying off all its employees and may be shutting down for good. Curt Schilling's 38 Studios lays off entire staff The former Red Sox pitcher's video game company, which employed more than 400 full-time workers and contractors, made the layoffs in the wake of financial difficulties. 38 Studios Lays Off Staff, Shuts Down Big Huge Games - Is This The End? Following weeks of bad financial news at game developer 38 Studios, it appears the fledgling studio is laying off all its employees and may be shutting down for good. 38 Studios Employees Still Unpaid, Health Coverage Ends Thursday, Senior Executives Quit 38 Studios founder Curt Schilling departing the Rhode Island Economic Development Corporation headquarters in Providence, R.I. , Monday, May 21, 2012. (via Daylife) Things are quickly going from bad to worse as fledgling game developer, 38 Studios, the studio behind the mildly successful Kingdoms of Amalur: Reckoning, continues its painful-to-watch meltdown. We 38 Studios: Layoffs 'absolutely necessary' The financial condition of Curt Schilling's company has been in question since ... Curt Schilling's 38 Studios lays off all workers PROVIDENCE - Curt Schilling's embattled video game company 38 Studios has handed out pink slips to all of its nearly... 38 Studios may miss out on tax credits Curt Schilling hit back at Governor Chafee on Facebook as it emerged that his embattled company could be ineligible for millions in tax credits. Reaction to 38 Studios laying off its workforce Despite getting dumped, the employees who used to work at 38 Studios are not bad-mouthing their former boss or the company. 38 Studios and Big Huge Games lay off entire staff 38 Studios and Big Huge Games have let go of their entire staffs, an internal memo reveals. The two studios employed 379 full-time workers combined as of March 15th. The memo, sent to employees, reads as follows: "The Company is experiencing an economic downturn. To avoid further losses and possibility of retrenchment, the Company has decided that a companywide lay off is absolutely necessary ... Curt Schilling's 38 Studios lays off all staff; âTragedy,' says R.I. Gov. Chafee Former Red Sox pitcher Curt Schilling's video game company, 38 Studios, has laid off all of its employees in the wake of financial difficulties, according to a key company consultant.
Key Words: 38 studios

References:
http://www.starmometer.com/2012/04/30/the-avengers-makes-p281-m-in-5-days-biggest-opening-ever-in-phl-box-office-history/
http://www.forbes.com/sites/erikkain/2012/05/24/38-studios-lays-off-staff-shuts-down-big-huge-games-is-this-the-end/
http://www.forbes.com/sites/erikkain/2012/05/19/kingdoms-of-amalur-developer-38-studios-faces-a-financial-reckoning-as-first-mmo-trailer-is-released/
http://www.gamesindustry.biz/articles/2012-05-17-38-studios-opts-to-pay-loan-not-employees
http://www.gamesindustry.biz/articles/2012-05-24-38-studios-heads-flee-troubled-company
http://www.philly.com/r?19=961&43=165801&44=152022725&32=3796&7=195352&40=http%3A%2F%2Fwww.philly.com%2Fphilly%2Fbusiness%2FEx-Phillies-game-firm-defaults-on-75M-state-loan.html
http://feeds.bizjournals.com/~r/vertical_1/~3/MvuKFxF15Eo/former-d-backs-curt-schillings-video.html
http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/fZcXeyk40MM/1
http://feeds.gamespy.com/~r/gsfeeds/all/~3/jES8cq7menA/1224839p1.html
http://rd.sportsblogs.org/viewEntry.php?id=3679271&src=rss
http://www.gamespot.com/news/6378389.html?part=rss&tag=gs_all_games&subj=6378389
http://hosted.ap.org/dynamic/stories/R/RI_SCHILLINGS_COMPANY_GOVERNOR_MAOL-?SITE=RIPRJ&SECTION=HOME&TEMPLATE=DEFAULT
http://pixelhat.net/

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