Schilling Strikes Out
When former pitching ace Curt Schilling started his own video game company, 38 Studios, there was plenty of interest within the gaming industry and from curios fans. When 38 Studios released Kingdoms of Amalur: Recknoning in February 2012, the fantasy RPG was well received. The game sold 1.2 million copies but apparently that wasn't enough to keep the company afloat. On May 25, the entire staff of 300-plus was laid off. The biggest loser however appears to the be the state of Rhode Island which loaned Schilling's company $75 million to get the company housed in Providence and to help stimulate tech jobs. Ouch.