Amalur Developer, 38 Studios, Struggling

Misery loves company and it seems that the current financial woes continue apace for the games industry, with yet another studio in trouble.  This time, it is the turn of 38 Studios – developer of Kingdoms of Amalur.  According to Develop-Online, the Rhode Island based studio is in financial trouble and is struggling to stay solvent, with 379 jobs at risk, should they go under.  The developers have already pulled out of this year’s E3, and the slated September release of their upcoming fantasy MMO, Project Copernicus, is now in question.  Sad times, indeed.

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One Comment

  1. SimonJK says:

    I had such high hopes for this IP and further DLC and from what I have read, if they do go under then Rhode Island gets the future profits from the IP and anything in development. I guess that means they will just sit there and grab said profits and do nothing with the IP.

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