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38 Studios struggling to stay in business

Kingdoms of Amalur developer, 38 Studios, is struggling to stay in business, according to a new report.

The Providence Journal, reports that Lincoln Chaffee, Governor of Rhode Island, has been meeting with representatives from the 38 Studios over the last few days in an effort to “protect” a $75 million incentive the state offered to lure the company away from its Massachusetts headquarters.

“We’re concerned and just doing everything possible to ensure that 38 Studios stays part of the Rhode Island community,” said Chaffee.

“It’s always been a volatile industry to be in. That’s just the risk you take when you get into the business”, he added.

38 Studios is currently working on MMO Copernicus, which is set in the same world as Kingdoms of Amalur. Currently, there are over 400 full-time staff at the studio.

Thanks, GI.

Edited On 15 May, 2012

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