Items from 38 Studios going on auction block


Uploaded by WPRI on 22.10.2012

Transcript:
NOW AT ELEVEN, WE'RE
TRACKING THE LATEST IN
THE 38 STUDIOS SCANDAL
---
TOMORROW, ITEMS FROM
THE BANKRUPT GAME
COMPANY'S PROVIDENCE
HEADQUARTERS WILL GO
UP FOR AUCTION.
MEANWHILE, THE E-D-C IS
CONSIDERING WHETHER
OR NOT TO SUE, TO GET
BACK THE MILLIONS THE
STATE BACKED IN LOAN
GUARANTEES.
WE WERE HOPING TO
LEARN THEIR DECISION ON
THAT POTENTIAL
LITIGATION TONIGHT -- BUT
INSTEAD -- THE E-D-C IS
KEEPING QUIET.
EYEWITNESS NEWS
REPORTER STEVE
NIELSEN IS LIVE IN STUDIO
WITH THE DETAILS THAT
ARE NEW AT ELEVEN.
(SN)
NEARLY 4 HOURS OF
MEETING BEHIND CLOSED
DOORS LEAVES US WITH
VERY FEW ANSWERS.
ALL THIS IS ABOUT THE
STATE TRYING TO
RECOVER AS MUCH
MONEY AS POSSIBLE.
THE STATE OF RHODE ISLAND IS
LOOKING FOR MONEY...
THE E-D-C BOARD, HEADED BY
GOVERNOR LINCOLN CHAFEE...
HAD A NEARLY 4 HOUR CLOSED
DOOR MEETING MONDAY
NIGHT... DECIDING WETHER OR
NOT TO FILE LAWSUITS TO
RECOUP LOST MONEY AFTER 38
STUDIOUS DECLARED
BANKRUPTCY.
CURT SCHILLINGS VIDEO GAME
COMPANY WAS LURED TO THE
STATE WITH A 75 MILLION
DOLLAR TAXPAYER
GUARANTEED LOAN.
THE BOARD IS TRYING TO CLAW
BACK ALL THE MONEY IT CAN
AFTER BANKRUPTCY WAS
DECLARED.
THAT INCLUDES POSSIBLY
SUING.
WHO THE STATE WOULD SUE
AND FOR HOW MUCH... IS STILL
UNKNOWN.
AFTER THE HOURS LONG
MEETING --- THE BOARD
RECONVENED... NOT GIVING
ANYTHING AWAY.
["
the board unanimously voted to
keep
all other votes taken in
executive
session, confidential.
"]
THE GOVERNOR REFUSED TO
EVEN SAY IF ANYTHING WAS
VOTED ON BEHIND CLOSED
DOORS.
[
we've adhered to the letter of
the law
and what has been disclosed,
council
carlotti just explained and on
advice
of council i will have no more
comment.
"]
SO IT'S YET TO BE SEEN IF THE
STATE WILL FILE ANY
LAWSUITS...
BUT ANOTHER WAY OF GETTING
BACK MILLIONS IS BY
AUCTIONING OFF THE
COMPANY'S ASSETS.
EYEWITNESS NEWS CAMERAS
WERE ALLOWED INSIDE OF THE
FORMER HEADQUARTERS OF 38
STUDIOS FOR THE FIRST TIME.
THESE ITEMS... TV'S, VIDEO
GAME EQUIPMENT, TABLES,
EVEN DOORS! WILL BE
AUCTIONED OFF.
we are selling the assets so if
you
are coming to buy a baseball, we
don't have the bloody sock we
are
selling computers and assets
THE AUCTIONEER HOPES TO
RAISE AS MUCH MONEY AS
POSSIBLE.
THE MOST VALUABLE ITEM...
THE RIGHTS TO THE ACTUAL
VIDEO GAME THE COMPANY
HAD STARTED WORK ON...
KINGDOMS OF AMALUR WON'T
BE UP FOR AUCTION FOR
SEVERAL MONTHS.
(SN)
THE AUCTION WILL TAKE
PLACE TOMORROW
MORNING AT 10:30.
LIVE IN THE NEWSROOM,
STEVE NIELSEN,
EYEWITNESS NEWS.