Analysts Offer Thoughts on Schilling’s Future

August 4, 2010 -

As Curt Schilling’s 38 Studios prepares to move from Massachusetts to Rhode Island, lured in part by a $75 million loan, stipulations of the agreement between the game maker and the state are coming to light.

One provision of the deal dictated that 38 Studios would eventually ramp up to 450 employees. According to WPRI.com, if Schilling’s company fails to meet that goal by August of 2013, the developer would have to pay the state $7,500 a year for each absent job.

Schilling himself estimated that Electronic Arts has invested upwards of $50 million into 38 Studios as a partner and eventual publisher of the just-revealed role-playing game Kingdoms of Amalur: Reckoning. That figure was called “enormous” by Janco Partners analyst Mike Hickey, who intimated that EA may be supporting 38 Studios’ development costs as well with such a princely sum.

Meanwhile, Pacific Crest Securities analyst Evan Wilson worried that such an investment would limit 38 Studios’ earnings, since it would have to repay EA for its investment first.

Wedbush Securities analyst Michael Pachter, more discussing the developer’s massively-multiplayer online game in development (codenamed Copernicus), told the publication, “My guess is that [38 Studios] will succeed, but it's really hard to forecast without seeing the game.”

Pachter further stated, "38 Studios is doing everything right to minimize the risk of failure."

Wilson added, “As a state, if you want to start attracting more talent either in tech, media or entertainment, then video games I think is a good place to do that.”


 
Forgot your password?
Username :
Password :

Poll

Which group is more ethically challenged?:

Shout box

You're not permitted to post shouts.
KaylaKazeI think the problem here is certain people don't know what "shouldn't" means, even after it's been explained to them half a dozen times.07/01/2015 - 4:19pm
Andrew EisenWhat if creators heard our feedback, agreed with it and then... oh god... made a better show? The HORROR!!!07/01/2015 - 4:13pm
Andrew EisenI mean, next thing you know they'll make a YouTube video. A YOUTUBE VIDEO!!!07/01/2015 - 4:07pm
Andrew EisenHow DARE anyone write an opinion suggesting that people who suck at something might consider a better way to accomplish the same thing or improve so they suck less. The NERVE!07/01/2015 - 4:06pm
Goth_SkunkYes, but we complain about it amongst ourselves, we shake our heads, we sigh, shrug our shoulders and say 'oh well, what can you do?' We don't write articles for Wired and say 'Anyone can write about X, but should they? Probably not.'07/01/2015 - 3:57pm
Andrew EisenMy favorite is: "Zoom and enhance!"07/01/2015 - 3:55pm
E. Zachary KnightGoth, you must not hang out with many technology experts. We complain about bad portrayals of tech all the time.07/01/2015 - 3:52pm
Andrew EisenPeople should be free to write about anything their little hearts desire. Even if they suck at it. Maybe not the most advisable thing to do, depending on their personal goals. But that's why you listen and learn and improve! Or try to, anyway.07/01/2015 - 3:50pm
Andrew EisenAnd you're straying from the path a bit but the sentiment in and of itself I agree with.07/01/2015 - 3:47pm
Goth_SkunkBut, as in the example I provided with call tracing and cell phone triangulation, the audience lets it slide, even the subject matter experts.07/01/2015 - 3:47pm
Andrew EisenGreat! Maybe you'd change your mind if you read her reasons for suggesting such a thing, maybe not. But at least now you're opining what she actually said!07/01/2015 - 3:46pm
Goth_SkunkFor the sake of entertainment, people write about things they shouldn't write about all the time. If they stopped, most things fiction would cease to exist.07/01/2015 - 3:46pm
Goth_SkunkAnd I think that's a despicable thing to suggest, worse than someone who sucks at writing a rape scene doing so. By all means, if the rape scene was poorly written, criticize it after the fact.07/01/2015 - 3:45pm
Andrew EisenYou're not wrong that she's suggesting that people who suck at writing rape scenes (which is who "anyone" refers to) probably shouldn't, yes.07/01/2015 - 3:42pm
Goth_SkunkAnd I will point out again that you're wrong. It's quite plainly stated anyone can write a rape scene, but they probably shouldn't. She's very general in the statement because she's using the word 'anyone,' but I am not wrong.07/01/2015 - 3:39pm
Andrew EisenBut, at least that was a lot closer to what she's actually arguing.07/01/2015 - 3:38pm
Andrew EisenIf you read the article you'd realize why that comparison doesn't work.07/01/2015 - 3:37pm
Matthew Wilsonhttp://www.dota2.com/international/compendium/ the COMPENDIUM hit 15 mill, so that means valve got 60 million.07/01/2015 - 3:35pm
Goth_Skunkget it wrong, so should they write about their usage in their stories? Chances are, the answer is no.07/01/2015 - 3:34pm
Andrew EisenShe's also not saying people should not write about topics they're not experts in or otherwise personally experienced.07/01/2015 - 3:34pm
 

Be Heard - Contact Your Politician