Found this video interview with Curt Shilling from SyndCon 2010 by Ten Ton Hammer.

Curt Schilling talks Reckoning, Copernicus, and the ongoing evolution of online gaming
A lot of buzz has been circulating around Curt Schilling’s game company, 38 Studios, and their upcoming projects: Kingdoms of Amalur: Reckoning and Copernicus. Schilling has long been an avid gamer, playing wargames such as Advanced Squad Leader (which he now owns), RPGs, and online games from Ultima Online to World of Warcraft. Ten Ton Hammer’s own Ethec sat down with Curt Schilling at SyndCon 2010 to talk about 38 Studios’ upcoming projects and gaming in general.

[Watch Curt Schilling's interview]

I for one can’t wait for this deal to close and for the politicians to find some other issue to politicize. This will allow 38 Studios to focus on moving to their new home, creating new jobs, great video games and proving all the critics wrong. :)

PROVIDENCE, R.I. — A top Rhode Island economic official said Thursday he expects to close by mid-September on a controversial $75 million state loan guarantee for the video game company of former Red Sox pitcher Curt Schilling.

Keith Stokes, executive director of the state Economic Development Corp., said that’s a bit later than the Aug. 31 closing date that was anticipated when the deal with 38 Studios was approved by the group’s board on July 26. A specific closing date has not been set, but he said such a process typically takes 30 to 60 days. He said there’s nothing unusual about the delay, which happened within the past week or so because of the complexity of the deal.

“We’re within that Aug. 31 timeframe,” he said.

The loan guarantee requires 38 Studios to relocate from Maynard, Mass., to Rhode Island. The company has promised about 450 jobs — with an average salary of $67,500 — by the end of 2012. As the company meets certain benchmarks, money will be released to the company in installments.

Source

You know when I started this fan site to cover 38 Studios I never in a million years thought I would end up commenting on U.S. politics or that my first Twitter follower would be Lincoln Chafee, a former U.S. senator who is running for governor of Rhode Island as an independent. As crazy at it seems this is exactly what has happened.

Maybe because of this Chafee will see that 38 Studios is not just another start up gaming company. Maybe he will learn that Curt Schilling has invested millions of his own money in this company, something rare if not unheard of in the industry. Maybe he will learn that good experienced people have left profitable well established gaming companies to come work at 38 Studios.

Maybe he will learn that Big Huge Games with a proven track record in the industry was purchased by 38 Studios and is now part of the team. Maybe he will learn that with Big Huge Games comes Ken Rolston former lead designer of the critically acclaimed hits, Elder Scrolls III: Morrowind and Elder Scrolls IV: Oblivion. Maybe he will learn how EA has invested millions in 38 Studios to publish their first game. Maybe he will learn how 38 Studios did not have to move to Rhode Island to accomplish their goals.

Maybe he will realize how graduates of the Rhode Island School of Design will now have an opportunity to stay in the state instead of leaving. Maybe he will learn that educated and successful business leaders on the RIEDC Board looked at all the details and determined this was a good sound business to risk investing in. Maybe he will learn that not all the money is being handed over in one lump sum with no strings attached. Maybe he will learn that there are miles stones required to get more money as well as penalties if job creation targets are not met.

Maybe, but I doubt it since he already had all this information from the EDC prior to today. Today was an example of political theatre and thus why Gov. Don Carcieri stood by the corporations decision and added “It is inappropriate for EDC to become engaged in this political campaign.”

PROVIDENCE, R.I.—Lincoln Chafee was rebuffed Monday in his effort to address a Rhode Island agency about his opposition to a $75 million loan guarantee approved for Curt Schilling’s video game development company.

Chafee, a former U.S. senator who is running for governor as an independent, had hoped to speak at the board meeting of the state Economic Development Corporation, which last month approved the loan guarantee to bring 38 Studios from Massachusetts to Rhode Island.

The company, founded by Schilling, the former All-Star pitcher for the Boston Red Sox, promises to bring 450 jobs to the state by the end of 2012. Proponents, including Gov. Don Carcieri, say the company’s relocation could help revitalize Rhode Island’s foundering economy, tap into the brainpower of technology-minded local college graduates and give the state an investment in an emerging growth industry.

The candidate’s appearance at the meeting, albeit an example of political theater, underscored how the loan guarantee has emerged as a hot-button issue in the governor’s race. Chafee and other critics see the deal as too risky, especially since 38 Studios does not have a proven track record, and say it would leave taxpayers on the hook if the company fails.

Source

Lincoln Chafee has already expressed how he does not agree with the $75 million loan guarantee offered to Curt Schilling’s game development company and if elected Govenor he would stop deals like this from happening in the future. Most candidates have expressed concerns about the deal and have stated how they would do things if they were elected. That however is not enough for Chafee who appears to be trying to force the issue by requesting to speak to the EDC board at it’s Monday meeting. The request was denied by Rhode Island Gov. Donald Carcier in a letter.

Lincoln Chaffee has already previously met with Keith Stokes and members of the EDC staff on two occasions to express his concerns and he was provided the research and analysis on 38 Studios and the interactive gaming industry. The board has also received his letters outlining his concerns so clearly he has made his views and opinion known to the EDC and the public. His response to being denied the right to speak at Mondays meeting was that this reflected an arrogance of power and incumbency.

Rhode Island Gov. Donald Carcier is doing the job he was elected by the people to do. The EDC Board of Directors is comprised of twelve of the state’s most successful business leaders and it was they who ultimately took months to review all of the information before making an informed decission to vote 11 to 1 to approve the deal. Everything was done above board and by the letter of the law. It was certainly not rammed through as Chafee has suggested. If you really want to know the full details of the agreement you can find them here.

Chafee appears to me to be the arrogant one by trying to force the EDC to do what he wants despite the fact he has not even been elected yet. Comments like this during a recent radio interview with WPRO show just how out of touch with reality he is.

In his interview Monday, Chafee responded to questions about the 38 Studios loan guarantees by raising doubts about Boston’s hometown hero. Chaffee said part of his concern was the “trust” that state development officials “have in him to deliver.” He continued: “I just remember his own teammates didn’t like him. They thought he was a bit of a salesman. I remember one of his teammates said he painted his sock, the bloody sock, he painted it. [His teammate] Kevin Millar, I think, said that. I don’t know if I trust Curt Schilling.”

A Chafee spokesman said later that Chafee’s mistrust isn’t because of the sock.

“We don’t trust Curt Schilling in that he doesn’t have a track record of running a business of this size, and as such we’re putting the taxpayers’ money in jeopardy. He’s not questioning Curt Schilling’s honesty and sincerity. He’s just questioning whether he can produce what he says he can.”"

Source

I guess they missed who was on the board of directors at 38 Studios? You know the success of 38 Studios is not just on Curt Schilling’s track record its on all 200 people currently working there. If anyone took the time to look you would see a pretty impressive group of people working there and that’s a credit to Curt Schilling to put all that together over the last 4 years.

Inspite of all this Chafee still plans on going to the meeting on Monday.

Independent Rhode Island gubernatorial candidate Lincoln Chafee says he plans to speak out against a $75 million loan guarantee offered to Curt Schilling’s game development company.

Chafee says he’ll attend Monday’s meeting of the state Economic Development Corporation.

He has been a vocal critic of its arrangement with 38 Studios, a company founded in Massachusetts by the former Boston Red Sox pitcher. It plans to relocate to Rhode Island and says it will bring 450 jobs by the end of 2012.

Chafee says the loan guarantee risks taxpayer money and was not awarded in a competitive fashion.

The EDC does not let audience members speak at public hearings, but Chafee says he’ll go anyway to voice his objections.

Source

Is it me or does this guy not seem to like Curt Schilling and 38 Studios and doing everything in his power to try and scuttle the deal? On a positive note it appears he is now trailing in the the latest poll. A trend I can only hope continues.

Found this video interview from Gamer Live TV with Curt Schilling, you can sure tell he is pumped to be able to talk about the game! Tell us more Curt…tell us more! :)

The end of July was an explosive month for 38 Studios with the announcement of it first game, Kingdoms of Amalur: Reckoning. A single player fantasy RPG being published by EA and scheduled for release in the fall of 2011 for PC, PS3 and Xbox 360. In addition to this exciting news came the announcement that the Rhode Island Economic Development Corporation had approved a $75-million loan to 38 Studios in exchange for moving from its current location in Maynard, Massachusetts to Rhode Island and creating 450 jobs by the end of 2012. This set off a firestorm of controversy with many people from both Massachusetts and Rhode Island commenting on the deal. The combination set the internet ablaze with articles everywhere talking about 38 Studios.


Now almost a month later all I hear is silence. So that brings up the question what’s next? Well I have it on good authority that 38 Studios will not be attending PAX this year in September. Chances are the next industry show 38 Studios attends will be the New-York Comic Con from October 8 to 10, 2010. I don’t know about you but that’s a long time to wait for more info. It’s funny because before the announcement I wondered what was going on at 38 Studios and wished they would share “anything”. Now that they have, my need for more information has increased tenfold. It reminds me of the movie Short Circuit where the robot gets a taste of information and then goes into a crazy frenzy looking for more and more “input” as he soaked up every bit of info he could get his hands on.


As hard as it is to wait for more info I can only imagine how hard it’s has been for Curt Schilling to be on the inside and know everything that’s going on and not being able to say a word. He looked like a proud papa on the panel at the San Diego Comic Com when he finally got to spill the beans. The good news is the marketing machine is finally in motion and the journey has begun. It’s going to be an exciting year leading up to the release of Reckoning and I can’t wait to find out more about “Copernicus”. Who knows maybe more info will be released before the New-York Comic Com. If it is you will be sure to find it here.

This is the strongest statement yet defending the deal between the RIEDC and 38 Studios. I have always maintained that this was a win win situation for both 38 Studios and the State.

Stokes defends loan guarantee to 38 Studios

In a Rhode Island Economic Development Corporation newsletter, Keith Stokes, executive director, recognized the controversey over the RIEDC’s approval of a $75-million loan guarantee to a video-gaming company founded by Curt Schilling and defended the action.

“Many community leaders… have inquired about why the RIEDC would offer so much credit enhancement to one company,” Stokes wrote, “Simply put, our extensive due diligence revealed that while 38 Studios could raise venture equity and stay in their current location (in Massachusetts), its investors and management team are willing to relocate the company and the related opportunities for Rhode Island if we provide an alternative to their equity dilution.”

“38 Studios is a company that has already raised and invested tens of millions of dollars, acquired subsidiary operations that have already succeeded in this industry, currently employs nearly 200 people, has a signed publishing and distribution agreement with industry leader Electronic Arts and has secured a third-party completion bond for its product. This company is by no means a mere start-up. The RIEDC board determined that enhancing this company’s debt is a calculated risk well worth taking.”

http://www.projo.com/business/content/COMMERCE_DIGEST_13_08-13-10_FHJHH2R_v9.1d7c56c.html

Nice write up from Escapist magazine that gives a good summary of everything. Definately a good read!

The plan is an ambitious one. An all-star baseball player and videogame geek assembles a crack team to create a blockbuster MMOG that plans to rival anything that Blizzard, SOE or Cryptic has to offer. Schilling’s 38 Studios purchased veteran design house, Big Huge Games, to make a single-player RPG as a prelude to the big MMOG project. Kingdoms of Amalur: Reckoning is slated for a Fall 2011 release, and EA has signed on to publish it and help with marketing. That machine began down in San Diego Comic Con and continued at Gen Con this past weekend in Indianapolis. Through it all, the one constant has been the desire to create a living, breathing world that aims to have story consequences for one of the most glaringly unrealistic mechanics in most games; the fact that you can die and come back to life is explained in Amalur by something called the “Well of Souls”. But I’m getting ahead of myself.

I’m not easily star-struck. But when I met with Curt Schilling, R. A. Salvatore and Mark Nelson from Big Huge Games at Comic Con, I realized that this was group of guys that I admire for very different reasons. R. A. Salvatore is arguably the most successful fantasist of our generation, with a slew of New York Times bestsellers starring the iconic Drizzt Do’Urden. Curt Schilling was the hero of my favorite baseball team as they slew the Yankee dragon in 2004, all while being a huge Everquest gamer. And Mark Nelson, even though his name isn’t instantly recognizable, is responsible for one of the greatest CRPGs of this decade, Oblivion. All three of these gentlemen are at the top of their game. How the hell does this collaboration work?

Read more…

In case you were wondering about what the t-shirts looked like that Curt Schilling and R.A. Salvatore were signing and giving out at GenCon, I found a photo from Jack of all games. He called them ugly, what do you think?

Ok well maybe there is more of a twist to this loan deal than I thought. Funny that we have everyone saying it’s risky for the state but now according to this report it’s really the investors buying the bonds who are talking the risk. Will they be willing to buy the bonds? I guess until this deal is signed, sealed and delivered it’s not a sure thing and why 38 Studios has not offically announced the move.

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