PS3 News: 38 Studios, Big Huge Games IP And Tech Auction: December 11 - PS3 News

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38 Studios, Big Huge Games IP And Tech Auction: December 11

This is potentially good news for the state of Rhode Island.

After 38 Studios went belly up late last year, they left Rhode Island on the hook for many, many millions. But maybe they can get some of that back when the former developer's IPs and technology is auctioned off.

According to a new Associated Press report, two dozen parties - including "well-known industry figures" - are interested in bidding on such properties from 38 Studios/Big Huge Games. The auction will take place on December 11 and initial bids are due by December 4. All proceeds will go to the state of Rhode Island, which assumed ownership of the franchises in question when 38 Studios went bankrupt. They went down fast and hard, unfortunately.

Included in the auction will be the rights to Kingdoms of Amalur: Reckoning and the MMO Project Copernicus. Other Big Huge Games IPs include Rise of Nations, Catan and Rise of Legends. Previously, Wedbush Morgan analyst Michael Pachter said the Copernicus IP could fetch around $20 million, but that wouldn't come close to paying off the incurred expenses, which could be close to $100 million.

Still, it's something.

Tags: 38 studios, kingdoms of amalur, 38 studios bankrupt

11/20/2013 9:57:58 PM John Shepard

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Legacy Comment System (5 posts)

Wednesday, November 20, 2013 @ 11:06:55 PM

Amalur could be a satisfying game if somebody better got on it.

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Wednesday, November 20, 2013 @ 11:07:39 PM

I hope we can get a Kingdoms of Amalur sequel. The game had some of the best combat in an RPJ this gen.

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Thursday, November 21, 2013 @ 10:01:52 AM

Dear God PLEASE let there be another sequel!

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Thursday, November 21, 2013 @ 3:13:14 AM

well we can only hope they get some gud money to pay off that big loan

happy gaming =)

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Thursday, November 21, 2013 @ 5:42:16 AM

really, really, really hope someone picks this up and gives it the attention it deserves!
kingdoms is really the only adventure game ive played this gen that captures the fantasy of the world so well, it reminded me so much of how the old adventure games on ps1 use to be.
really wish someone could give it the technical polish and ambition of something like skyrim!

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