Heritage Global Partners has revealed the auction date of the Kingdoms of Amalur IP and other 38 Studios' assests as November 14th at 09:00 ET and will end on November 15th at 12:00 ET.
The main assets being sold on the day are:
- Intellectual property rights in the “Amalur” fantasy universe including:
- “Project Copernicus” an in development Massively Multiplayer Online Role Playing Game (MMORPG) including a 10,000 year world history, completed character “races” and playable zones.
- Sequel rights to the critically acclaimed “Kingdoms of Amalur: Reckoning”, including development concepts, game artwork and designs.
- Merchandise rights and revenue streams associated with the Xbox 360, PS3 and PC title “Kingdoms of Amalur: Reckoning".
- Intellectual property rights in Big Huge Games’ properties including the classic PC strategy title “Rise of Nations” as well as “Rise of Legends” and the Xbox Live Arcade title “Catan”.
- In house developed video game technology including the “Big Huge Games Engine” and the 38 Studios’ gaming, social media and development platform codenamed "Helios".
The sale comes after 38 Studios closed having poured through as much as $133 million before declaring bankruptcy; much of which came at the expense of Rhode Island tax payers following the state's decision to loan $75 million to the developer.
The directors of 38 Studios, which closed in November last year, are currently being sued by Rhode Island who said that "there is interest" in the shuttered outfit's properties.
It has been alleged that Curt Schilling and 38 Studios' other directors falsified financial records even before moving to Rhose Island. The former Red Sox star has admitted that he "failed" with his foray into game development.
Kingdoms of Amalur: Reckoning was the only game released by the studio. It was published by EA Partners.
