38 studios’ auction fails to sell Kingdoms of Amalur: Reckoning
Authored by Zarmena Khan
An auction of the assets belonging to the controversial 38 studios has failed to sell Kingdoms of Amalur: Recknoning. The game received varied reviews, ranging from 6/10 (Edge) to 9/10 (IGN).
However, the trademark for Big Huge Games, assets and intellectual property rights for Rise of Nations and Rise of Legends were sold to undisclosed buyers for $320,000. The auction, which was held by Heritage Global Partners this week, also couldn’t attract suitable buyers for 38 Studios’ internal “Helios” technology and partially completed MMORPG codenamed Project Copernicus.
Last year, Rhode Island took possession of 38 Studios’ assets after it filed for bankruptcy. The studio still owed money on a $75 million taxpayer-backed loan from the Rhode Island Economic Development Corp.