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38 Studios Auction Brings in $320,000 But Not for 38’s IPs

38-studios-kingdoms-of-amalur-headerWe’ve been following the story of the failed 38 Studios on and off for the last year or so and it doesn’t look like the drama surrounding the bankrupted Kingdoms of Amalur developer is going to end any time soon.

In last week’s intellectual property focused auction, the court-appointed received didn’t receive sufficient offers for the rights to the Amalur MMO and sequel to KoA: Reckoning. While the 38 Studios IPs didn’t sell, the major IPs held by 38’s subsidiary, Big Huge Games, were sold for $320,000.

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A Look Back At 38 Studios’ Bankruptcy

Kingdoms of Amalur: Reckoning was released one year ago today. While the game was generally well received by critics, the game sold very poorly. In its first month of release, Reckoning sold an estimated 330,000 units with only an estimated 1.5 million units sold by the end of 2012. That ended in the very public bankruptcy of developer 38 Studios, founded by former baseball star Curt Schilling.

To mark the one-year anniversary of the release of 38 Studios’ only game, here’s a look back at the failure of 38 Studios.