38 Studios R.I. Move Confirmed

38 Studios, the Maynard, MA-based video game company started by former Red Sox pitcher Curt Schilling, has confirmed that it will be moving its headquarters to Rhode Island, according to a report in the Boston Globe. The gaming company attracted a $75 million loan guarantee from the Rhode Island Economic Development Corporation, and has said it will bring 450 direct jobs to the state by the end of 2012. We reported earlier in July that 38 Studios was considering the move, news that came a few months after Schilling urged the state of Massachusetts to offer more financial support to the video game industry. 38 Studios also made headlines late last week with the unveiling of its first video game product: a single-player game entitled “Kingdoms of Amalur: Reckoning.”

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.