38 Studios makes loan payment, will release Amalur MMO in June 2013

Former Major League pitcher Curt Schilling has turned in another gutsy performance to continue a different impossible dream. In 2004, it was the “bloody sock” that lead to Boston’s first World Series win in decades. And today, it delivering a check to the state of Rhode Island to save his company, 38 Studios.

The state of Rhode Island lent $75 million to the team at 38 Studios to help finance their move into the state as well as the company’s MMO, which is codenamed Project Copernicus. According to the developer, none of the money was used on this year’s single-player RPG, Kingdoms of Amalur: Reckoning, which was developed in Maryland at Big Huge Games. The MMO, which is also set in the kingdom of Amalur, is currently scheduled to ship in June 2013. A first look at the game, dubbed a “fly-through” by 38 Studios, can be found after the break.

The $1.125 million payment on the loan is just the first of many that 38 Studios will have to make over the next several years including a $2.6 million payment in November and another $12.6 million in 2013.

[Source: Gamasutra]

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John Scalzo is Warp Zoned's Editor-In-Chief and resident retro gaming expert. You can follow him on Twitter or email him at john AT warpzoned DOT com.

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