Curt Schilling's online game firm 38 Studios considers $75M loan incentive from Rhode Island
Curt Schilling’s Maynard, MA-based 38 Studios, which makes massively multiplayer online games, will meet with Rhode Island’s Economic Development Corporation to discuss a possible $75 million loan, should the studio move its headquarters to Rhode Island. Schilling, the former Boston Red Sox pitcher, is personally impressed with Rhode Island.
Curt Schilling’s extensive baseball career afforded him the opportunity to start up a development studio back in 2006. 38 Studios has been primarily funded on Shilling’s earnings, estimated at over $114 million dollars. Canada’s provincial governments have long used financial incentives to lure game companies, but U.S. states are only beginning to do so. See Industry Gamers for more.
Next Story: Power up to the $200M grid
Previous Story: Amazon's MP3 store may be gearing up for relaunch
About the Author, Dean Takahashi
Dean is lead writer for GamesBeat at VentureBeat. He covers video games, security, chips and a variety of other subjects. Dean previously worked at the San Jose Mercury News, the Wall Street Journal, the Red Herring, the Los Angeles Times, the Orange County Register and the Dallas Times Herald. He is the author of two books, Opening the Xbox and the Xbox 360 Uncloaked. Follow him on Twitter at @deantak, and follow VentureBeat on Twitter at @venturebeat.
