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Kingdoms of Amalur needed 3 million sales 'to break even,' RI governor says
by Andrew Yoon, May 24, 2012 6:15pm PDTOne of the last tweets from Curt Schilling before his game studios, Big Huge Games and 38 Studios, collapsed talked up sales of their first title, Kingdoms of Amalur: Reckoning. "Reckoning, 38 Studios first game, has outperformed EA's projections by selling 1.2mm copies in its first 90 days," he said.
While those are impressive figures, they were not enough to keep the studio afloat. At a press conference, Rhode Island governor Lincoln Chafee said that the game was a failure and that it would need to sell over 3 million copies "just to break even."
"The game failed, the game failed," Chafee said according to a report by Joystiq.
So, what will happen to the money owed by Schilling's company? Bankruptcy seems inevitable, given Chafee's admittance that keeping the studio afloat would be "very, very expensive," requiring an additional "tens of millions of dollars."
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At a press conference, Rhode Island governor Lincoln Chafee called Amalur a failure, having not met its required 3 million sales require to "break even."
At a press conference, Rhode Island governor Lincoln Chafee called Amalur a failure, having not met its required 3 million sales require to "break even." : Shacknews
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Chafee is not stupid, but he is a weathervane. He's realized it's time to get away from this as quickly as possible, and is rushing the failure along while assuming a posture of scandalized disappointment. Since he probably greenlighted the loan in the first place, he's got his work cut out for him. I'm not even saying that it's the wrong call. The wrong call was backstopping what was effectively a $100mm loan to a gaming company in the first place. It's sort of like driving drunk and calling the decision to run over the little old lady instead of hitting the telephone pole your first bad decision. You'd be in waaay better shape if you didn't make the first dipshit move in the first place.
I slept horribly last night but I think that last analogy makes at least half an ounce of sense.
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