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Posts tagged Project-Copernicus

Rhode Island House to vote on out-of-court settlements for 38 Studios fiasco

After a successful vote yesterday from the Rhode Island House Judiciary Committee, the full state House of Representatives is set to consider legislation next week that encourages out-of-court settlements in Rhode Island Commerce Corp.'s lawsuit against 38 Studios and its founder, Curt Schilling. ...

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Jukebox Heroes: MMO holiday tunes

Last year I celebrated Christmas with y'all by sharing several holiday music tracks from MMOs, and this year I thought I'd keep the tradition alive. It's not always the easiest thing to find holiday-specific music from these games, as not every game bothers to make new tunes for time-limited events...

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Rhode Island governor calls Project Copernicus 'a lot of junk'

Were you surprised that Project Copernicus didn't manage to sell at auction? Rhode Island governor Lincoln Chafee wasn't. In recent statements to the associated press, Chafee stated that the property was "a lot of junk" and decried every step of the loan process for 38 Studios. In the governor's ow...

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Project Copernicus remains unsold at auction

Every game has its fans. Project Copernicus never launched and was never really much more than a twinkle in the eye, and yet someone out there really liked the game. Someone out there really loved Kingdoms of Amalur and was really hopeful that the 38 Studios property auction would give Project Cope...

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38 Studios' intellectual property auction in December, Project Copernicus on the table

The tragic tale of 38 Studios' unreleased MMO, Project Copernicus, isn't over just yet. The Associated Press reports that "[a]bout two dozen parties, including some overseas" have "expressed interest" in bidding for the intellectual property of 38 Studios, which includes the unfinished game. The a...

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Jukebox Heroes: Project Copernicus' soundtrack

Out of the many tragedies that emerged from the 38 Studios fiasco was the fact that so much artistry was ultimately abandoned, unseen, and unheard by players. I can't imagine what it would be like to be a composer who spent months working on a full MMO score only to have the studio tank and the mus...

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38 Studios loan under SEC investigation

It seems as though we can't go more than a few weeks without hearing about some new complication related to the collapse of 38 Studios and the financial catastrophe it left in its wake. This week's news comes in the form of an SEC probe into the $75 million in loan guarantees offered to the studio ...

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Rhode Island set to pay 38 Studios bonds. Probably.

38 Studios collapsed upon itself in a heap of flaming disaster last year, and Rhode Island taxpayers ended up stuck with the bill. The state used a $75 million loan, acquired through the sale of taxable bonds, to convince 38 to operate within its borders, and RI is now on the hook for around $89 mi...

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Rhode Island explores ditching 38 Studios debt

To pay back or not to back, that is the question that Rhode Island is exploring after being saddled with $112.6 million in combined debt and interest when 38 Studios went kaput, taking Project Copernicus with it. RI governor Lincoln Chafee still believes that lenders should get their due according ...

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38 Studios vs. State of Rhode Island court case begins

We'll never see Project Copernicus come to light, and for some people that's the last that needs to be said about 38 Studios. For the state of Rhode Island, however, there's quite a bit more at stake, with the state alleging that 38 Studios tried to hide its financial condition and essentially defr...

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