As Delaware firm, 38 Studios may be ineligible for RI tax creditsMay 23rd, 2012 at 9:13 pm by Ted Nesi under Nesi's Notes
By Ted Nesi
PROVIDENCE, R.I. (WPRI) – Curt Schilling’s embattled video game company 38 Studios LLC could be ineligible for millions of dollars in state tax credits it desperately needs because the firm isn’t incorporated in Rhode Island, a requirement under state law.
Update: Curt Schilling took issue Wednesday night with Governor Chafee’s characterization of 38 Studios’ first game, “Kingdoms of Amalur: Reckoning,” as a flop. The governor made his comments at a news conference.
“I wanted to clear up some misinformation around 38 Studios first product, Reckoning,” Schilling wrote on Facebook around 9:20 p.m. “Sales of Reckoning OUTPERFORMED EA’s expectations and sold more than 1.2 million units in the game’s first 90 days in the market.” (EA is Electronic Arts, distributor of “Reckoning.”)
Joystiq reports 38 Studios employees haven’t been paid since May 1 and will lose health insurance Thursday.
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