Friday, August 31, 2012

Distro Issue 55: a cautionary tale of the state-supported 38 Studios

Distro Issue 55 the cautionary tale of 38 Studios and state investments

In 2004, Curt Schilling and a badly injured ankle led the Red Sox to their first World Series championship in 86 years. That's right, he was the ace that helped break the "Curse of the Bambino" from the mound. Fast forward to 2010, where Schilling had hung up his cleats and lobbied for Rhode Island officials to give his video game outfit, 38 Studios, a $75 million loan guarantee. Just two years later, the studio filed for Chapter 7, leaving the state's taxpayers holding the tab. In this week's issue, Jason Hidalgo takes a look at what went down in New England and examines the risk of public funds being used to support private tech companies. We had folks on the ground in Berlin to monitor the happenings at IFA this week and a few notable gadgets from said event occupy "Hands-on". As far as full-on reviews go, we put the Archos 101 XS, Motorola Photon Q 4G LTE and Acer Aspire V5 through their paces. "Forum" is chock full of even more reads, eSports commentator John Sargent stops by for the Q&A, "Time Machines" kicks it old school and "Eyes-on" takes on 35mm, retro-style photography. The week is over, so hit the link that you fancy the most to grab your copy and let the relaxation begin.

Distro Issue 55 PDF
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Distro Issue 55: a cautionary tale of the state-supported 38 Studios originally appeared on Engadget on Fri, 31 Aug 2012 09:30:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/08/31/distro-issue-55-38-studios/

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