38 Studios spending topped $133M, internal documents reveal

July 24th, 2012 at 5:24 pm by under Nesi's Notes

By Ted Nesi and Tim White

PROVIDENCE, R.I. (WPRI) – Curt Schilling’s video game company 38 Studios blew through more than $133 million before it collapsed into bankruptcy last month, according to documents newly obtained by WPRI.com.

The documents obtained by WPRI.com also raise new questions about whether 38 Studios executives were overoptimistic about the company’s prospects. Their business plan projected the company would take in $109 million in revenue over the course of this year.

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