Categories
Uncategorized

38 Studios burned through $133M before going bankrupt – report

Newsbrief: Kingdoms of Amalur developer 38 Studios burned through $133 million — much of that on an MMORPG that it didn’t stay alive long enough to release — before declaring bankruptcy. Analysts claim that amount is in line with how much a developer would expect to pay a big team of developers working on an online title for six years (as was the case with 38 Studios), according to a report from WPRI. Others like …