Curt Schilling blames Rhode Island for his business going under
Nothing like taking responsibility for your business failing.
Schilling says that state economic-development officials reneged on a deal to approve film tax credits to which 38 Studios was legally entitled, and to allow the company to defer a $1.12-million payment that was due the state on May 1 so that 38 Studios could meet its May 15 payroll.
Schilling also criticized Chafee’s ‘devastating’ public remarks about 38 Studios’ financial health, which he says scared off private investors.
Within 72 hours of Chafee’s May 14 statement that the state was trying to keep 38 Studios ‘solvent,’ Schilling says, a video-game publisher pulled out of a $35-million deal to finance a sequel to Kingdoms of Amalur: Reckoning, the fantasy game that 38 Studios released in February.