Schlling blames company problems on Rhode Island - ABC6 - Providence, RI and New Bedford, MA News, Weather

Schlling blames company problems on Rhode Island

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PROVIDENCE, R.I. (AP) - Curt Schilling is blaming Rhode Island economic development officials and its governor for much of the financial troubles facing his video game company.

Schilling tells the Providence Journal that the state promised and did not deliver film tax credits for 38 Studios and refused to allow the company to defer a $1.1 million payment, forcing it to miss a May 15 payroll.

He says public remarks by Gov. Lincoln Chaffee that the state was trying to keep his company solvent were "devastating." He says shortly after those remarks, a video-game publisher pulled out of a deal to finance a new game.

38 Studios, which was lured to Rhode Island from Massachusetts in 2010 with a $75 million loan guarantee, laid off its entire workforce last week.

 

 

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