38 Studios

BOARDING PASS: Gov. Chafee took office in 2011 saying he wanted his people in place on the R.I. Economic Development Corporation board. Since the 38 Studios collapse, he has questioned the agency’s continued independence. / PBN FILE PHOTO/RUPERT WHITELEY

EDC role, leadership in doubt

38 Studios 06/02/2012

When the R.I. Economic Development Corporation finally emerges from the turmoil surrounding its $75 million loan guarantee to Curt Schilling’s 38 Studios LLC, the...

THE R.I. PUBLIC Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. / PBN FILE PHOTO/RUPERT WHITELEY

RIPEC to examine EDC, as Chafee names 3 to board

38 Studios 05/31/2012

PROVIDENCE – The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of...

Deloitte to audit 38 Studios’ books

38 Studios 05/30/2012

(Updated May 31, 12:00p.m.)PROVIDENCE – The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s...

GOV. LINCOLN D. CHAFEE responded Tuesday to comments made by 38 Studios founder Curt Schilling, who accused the governor of torpedoing efforts by the beleaguered video game developer to find new sources of capital. / PBN FILE PHOTO/RUPERT WHITELEY

Chafee stands firm against Schilling accusations

38 Studios 05/29/2012

PROVIDENCE – Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that the governor sabotaged the beleaguered video game company...

38 Studios’ former employees in high demand

38 Studios 05/29/2012

PROVIDENCE – Rival game companies are lining up to hire the recently unemployed staff of 38 Studios LLC, former Boston Red Sox pitcher Curt...

State must learn from 38 Studios’ fall

38 Studios 05/26/2012

“It looks like the EDC got it right this time.” – PBN Editorial, Aug. 2, 2010 There is little question that the R.I. Economic Development Corporation...

SUCCESS STORY: NuLabel Technologies' leadership team, from left: President Max Winograd, Vice President of Engineering Michael Woods and Chief Technology Officer Ben Lux, has received loan guarantees from the state, but unlike 38 Studios, the tech startup has attracted outside investment as well. / PBN FILE PHOTO/RUPERT WHITELEY

Guarantee program on new course

38 Studios 05/26/2012

The $1.5 million loan Rhode Island guaranteed for NuLabel Technologies Inc. of Providence last August bears little resemblance to the $75 million taxpayer-backed financing...

VIDEO GAME DEVELOPER 38 Studios is back in default on its $75 million loan deal with the R.I. Economic Development Corporation, according to Gov. Lincoln D. Chafee, for not providing enough notice when it laid off its nearly 400 workers this week. / BLOOMBERG FILE PHOTO/TONY AVELAR

38 Studios back in default

38 Studios 05/25/2012

PROVIDENCE – Gov. Lincoln D. Chafee said Friday afternoon that 38 Studios LLC, the embattled video game developer founded by former Boston Red Sox...

A SIGN POSTED Friday on the door of video game developer 38 Studios LLC refers to founder Curt Schilling. Laid off workers were cleaning out their work spaces a day after it was revealed that the company had laid off the entire staff. / PBN PHOTO/REBECCA KEISTER

Atrion recruiting workers at 38 Studios

38 Studios 05/25/2012

PROVIDENCE – At least one Rhode Island company is trying to find a landing place for laid off 38 Studios workers. A recruiter from Atrion...

CURT SCHILLING, founder of 38 Studios LLC and a former Boston Red Sox pitcher, speaks during an interview in New York, U.S. / BLOOMBERG FILE PHOTO/SCOTT EELLS

Reports: 38 Studios lays off entire staff

38 Studios 05/24/2012

(Updated, 7:19 p.m.) PROVIDENCE - Former Red Sox pitcher Curt Schilling's video game company has laid off its entire staff in the wake of financial...

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