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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[38 Studios estimates it will take 50 to 100 million to finish Copernicus, Schilling looking for investors]]></title><link>http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/</link><guid isPermaLink="true">http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/</guid><comments>http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://massively.joystiq.com/category/fantasy/" rel="tag">Fantasy</a>, <a href="http://massively.joystiq.com/category/business-models/" rel="tag">Business models</a>, <a href="http://massively.joystiq.com/category/mmo-industry/" rel="tag">MMO industry</a>, <a href="http://massively.joystiq.com/category/news-items/" rel="tag">News items</a></p><div align="center"><a href="http://www.boston.com/business/technology/articles/2009/07/26/curt_schilling_pitches_his_latest_venture_to_investors/?page=2"><img hspace="4" border="1" vspace="4" src="http://www.blogcdn.com/massively.joystiq.com/media/2009/07/copernicusart580.jpg" alt="" /></a><br /></div>
Curt Schilling is out on the field again -- the investing field, that is. The former baseball star turned game developer is <a href="http://www.boston.com/business/technology/articles/2009/07/26/curt_schilling_pitches_his_latest_venture_to_investors/?page=2">looking for more investors</a> to back <a href="http://www.38studios.com">38 Studios</a> and their first game, the title codenamed <em><a href="http://massively.joystiq.com/tag/copernicus">Copernicus</a></em>. The company's estimates for their game requires 50 to 100 million more in funding for the staff, all with their tentative December 2010 launch in mind.<br /><br />Keep in mind, of course, that 38 Studios has acquired Maryland developer <a href="http://www.bighugegames.com">Big Huge Games</a>, the company known for <em><a href="http://www.bighugegames.com/rongold.shtml">Rise of Nations</a></em>, <em><a href="http://www.bighugegames.com/rol.shtml">Rise of Legends</a></em>, and Xbox Arcade's version of <em><a href="http://www.catanlive.com/">Catan</a></em>. That acquisition doubled the company's headcount and has possibly driven operating costs into the 15 to 20 million a year range, according to the Boston Globe.<br /><br />So far Schilling hasn't had any luck with potential investors. However, as he said to the Boston Globe, "<em>I'm not going to complain about the economy. It's like pitching on a rainy day. The other guy has to pitch in it, too.</em>"<br /><br />[Via <a href="http://twitter.com/cuppy/status/2886099288">Cuppycake</a>]<p style="padding:5px;background:#ffffcc;border:1px solid #ffff99;clear:both;"><a href="http://massively.joystiq.com"><img src="http://massively.joystiq.com/media/feedlogo.gif" alt="Massively" style="float:left;padding:0 5px 5px 0;" /></a><a href="http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/">38 Studios estimates it will take 50 to 100 million to finish Copernicus, Schilling looking for investors</a> originally appeared on <a href="http://massively.joystiq.com">Massively</a> on Tue, 28 Jul 2009 19:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.<br style="clear:both;"></p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.boston.com/business/technology/articles/2009/07/26/curt_schilling_pitches_his_latest_venture_to_investors/?page=2>Read</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/forward/19112356/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://massively.joystiq.com/2009/07/28/38-studios-estimates-it-will-take-50-to-100-million-to-finish-co/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>38-studios</category><category>acquisition</category><category>big-huge-games</category><category>boston-globe</category><category>breaking</category><category>budget</category><category>catan</category><category>copernicus</category><category>copernicus-mmo</category><category>funding</category><category>investors</category><category>kurt-schilling</category><category>r-a-salvatore</category><category>rise-of-legends</category><category>rise-of-nations</category><dc:creator><![CDATA[Seraphina Brennan]]></dc:creator><pubDate>Tue, 28 Jul 2009 19:00:00 EST</pubDate></item></channel></rss>
