BUSINESS
May 21, 2012 | David Klepper, Associated Press
In 2010, the man who'd helped Boston win its first World Series in more than 80 years came to Rhode Island promising the job-starved state something even better: hundreds of good jobs, millions of dollars in tax revenue and a foothold in the booming business of video games. To former Gov. Donald Carcieri and top economic development officials, it was an opportunity too good to miss. The state's Economic Development Corp. offered a $75 million loan guarantee to lure Curt Schilling's 38 Studios to Providence.
BUSINESS
May 18, 2012 | Mark Arsenault and Todd Wallack
In the final months of two mostly unmemorable terms in office, Rhode Island Governor Donald Carcieri boasted about his little state's big splash - stealing former Red Sox pitcher Curt Schilling and his nascent video game company from Massachusetts. "This is a risk worth taking," said Carcieri, a Republican, announcing the 2010 deal that lured Schilling's company, 38 Studios, to Providence, and put Rhode Island taxpayers on the hook for up to $75 million in guaranteed loans to an athlete who liked video games but had never developed one. ...
SPORTS
May 16, 2012 | Erika Niedowski and David Klepper, Associated Press
Former Red Sox pitcher Curt Schilling asked Rhode Island for additional help to save his video game company Wednesday, prompting state leaders to consider whether the firm is viable enough to justify further investment. Schilling briefed Gov. Lincoln Chafee and the state's Economic Development Corp. board in a closed-door session. Following the meeting, Chafee would not say what Schilling is seeking from the state. The governor said the question before state economic development officials was, "How do we avoid throwing good money after bad?"
BUSINESS
May 15, 2012 | Chris Reidy
PROVIDENCE ---- Governor Lincoln Chafee says he and Rhode Island economic development officials have been meeting with the video game company owned by former Boston Red Sox pitcher Curt Schilling about its finances. Providence-based 38 Studios moved here from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee the state said would help bring hundreds of jobs and millions in tax revenue. Chafee tolds WJAR-TV on Monday "We're always working to keep Rhode Island companies...
BUSINESS
May 11, 2012 | AP Entertainment Writer
A Manhattan judge says a lawsuit by a video-game developer against Beyonce can go to trial. The decision was made by Justice Charles Ramos. The company, Gate Five, claims the superstar backed out of a $20 million deal for a game called "Starpower: Beyonce. " The Grammy Award-winning singer's lawyers contend they were within their rights to opt out of the deal because Gate Five didn't have its financing in place. But the company says Beyonce knew it was ready to sign a contract with its financier on Dec. 6, 2010 when she pulled out three days earlier.
BUSINESS
May 6, 2012 | By Cindy Atoji Keene
There's a lot more that goes into an online video game than meets the eye. Behind the slash, bang, and pow are complex engineering and intricate design to create texture, animation, and sounds. Jason Krupat, 38, is the mastermind behind the games launched by GSN (Game Show Network), a multimedia entertainment company with offices in Waltham and creator of the online Wheel of Fortune. Krupat, GSN's game director, conceptualizes the games. He dreams up the type of play that will take place, the features it will include, and how the game will use the technology on a particular...