Intellectual property rights for 38 Studios, the failed video game that left Rhode Island taxpayers on the hook for $90 million, were slated to hit the auction block Wednesday. Nick Jimenez, executive vice president with Heritage Global Auctions, says via email there will be "more to report after the sales process is completed in the coming days." In the interim, an update on related developments:
Cranston Mayor Allan Fung, a Republican candidate for governor, is putting himself squarely behind state Senator Dawson Hodgson's latest call for an independent commission to investigate the state's losing investment in failed video-fame maker 38 Studios.
Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.
This week Dave and Mark talk with Rhode Island Economic Development Corporation Executive Director Marcel Valois. They discuss the EDC’s small business loan program and why slow and steady wins the race.
When to Listen
You can hear The Bottom Line each Friday at 5:50pm.
Our panel this week discusses RI's persistently high unemployment; Senator Dawson Hodgson's renewed call for an outside investigation into 38 Studios; Angel Taveras' proposal for instituting universal pre-K in Rhode Island; and Scott MacKay and Maureen Moakley's top turkeys of 2013.
Welcome back to my Friday column on this lovely Friday in mid-November. As always, your feedback and thoughts are welcome at idonnis (at) ripr (dot) org, and you're invited to follow me on the twitters. Let's get to it.
State Senator Dawson Hodgson (R-North Kingstown) is pre-filing legislation Friday to renew his push to establish an independent commission to investigate Rhode Island's losing investment in 38 Studios. Hodgson says he'll work to create a bipartisan coalition to bring the bill to a vote early in the 2014 General Assembly session.
Former Red Sox ace Curt Schilling the brains behind the failed 38 Studios venture is selling off the contents of his Medfield, Massachusetts home.
An estate company called “Consignworks” is selling off Curt Schilling’s furnishings Saturday from his Medfield, Massachusetts home. Among the items listed for sale are sofas, porch rockers, a baby grand piano, a punching bag, a Hummer golf cart, candlesticks, a baseball glove chair and clothing.
State Representative Karen MacBeth (D-Cumberland) wants the House Oversight Committee to use its subpoena power to extract documents and compel appearances by key figures in Rhode Island's losing investment in failed video game maker 38 Studios.