38 Studios Auction Brings In $180K


Uploaded by WPRI on 18.10.2012

Transcript:
NEW DETAILS IN THE 38
STUDIOS SCANDAL.
THE RESULTS ARE IN
FROM THE FAILED VIDEO
GAME COMPANY'S FIRST
PUBLIC AUCTION.
MORE THAN NINE-
HUNDRED ITEMS WERE
SOLD...
BRINGING IN MORE THAN
ONE HUNDRED-THOUSAND
DOLLARS.
EYEWITNESS NEWS
REPORTER SUSAN
CAMPBELL HAS ALL THE
DETAILS - LIVE FROM THE
MOBILE NEWSROOM.
(SC)
THE AUCTION LASTED FOR
SEVERAL HOURS
YESTERDAY...
AND NOW WE'VE
LEARNED, IT GROSSED
JUST ABOUT A QUARTER
OF A PERCENT OF THE
AMOUNT OF MONEY
RHODE ISLAND TAXPAYERS
MAY HAVE TO COVER.
COMPUTERS... TABLETS... VIDEO
GAME CONTROLLERS... AND
OFFICE FURNITURE... ALL WENT
ON THE AUCTION BLOCK IN
MARYLAND...
EYEWITNESS NEWS HAS
LEARNED... ABOUT 950 ITEMS
FROM CURT SCHILLING'S FAILED
VIDEO GAME COMPANY... WERE
SOLD DURING THAT AUCTION ON
WEDNESDAY.
the auction went well. we had
several hundred active bidders
at the
auction.
WE'VE LEARNED... THERE WERE
AN ADDITIONAL 200 BIDDERS
ONLINE.... VYING FOR 38
STUDIOS PROPERTY.
WE'RE TOLD... THE AUCTION
GROSSED ABOUT 180-
THOUSAND DOLLARS.
THE HIGHEST BID ITEM WAS A
VIDEO ANIMATION SUIT... WHICH
WENT FOR 95-HUNDRED
DOLLARS.
ultimately the money is going to
go to
whatever is left in this
receivership
estate will go to satisfying the
bonds
that were issued by the edc.so
there
are a group of bond holders out
there that are entitled to the
funds.
IN 2010.. RHODE ISLAND LURED
38 STUDIOS TO THE STATE WITH
A TAXPAYER BACKED 75 MILLION
DOLLAR LOAN GUARANTEE
APPROVED BY THE ECONOMIC
DEVELOPMENT CORPORATION.
(SC)
THE SECOND AUCTION IS
SET FOR NEXT TUESDAY...
THE 23RD AT 38 STUDIOS
FORMER LOCATION IN
PROVIDENCE.
WE'LL GET A PREVIEW OF
WHAT'S FOR SALE ON
MONDAY.
LIVE WITH THE MOBILE
NEWSROOM.. SUSAN
CAMPBELL. EYEWITNESS
NEWS.