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Story updated as of 2:37 p.m., March 23, 2010.
38 Studios LLC isn’t set on fleeing Massachusetts for Rhode Island, in spite of comments by founder Curt Schilling published by the Providence Journal this morning. The former Red Sox hurler told a ProJo reporter he’s looking at other states for the best place to grow his video-game startup, currently based in Maynard.
Those conversations were initiated by Rhode Island officials, a spokeswoman told MHT this afternoon, adding that the company is open to moving but has not made the decision to do so. “First and foremost, it is Curt’s goal to remain in Massachusetts,” said spokeswoman Denise Kaigler.
38 Studios currently employs about 80 in Massachusetts, with 60 more employees based in Baltimore, Md., where the company bought game developer Big Huge Games last May for an undisclosed sum.
38 Studios is working on a massively multiplayer online game called Copernicus, and earlier this month announced it had signed a deal with video game publisher Electronic Arts Inc. to publish a preview version of the game, called Project Mercury.
Last August, 38 Studios replaced former CEO Brett Close, who had led the company since 2007, promoting former vice president Jennifer MacLean to the corner office. The company bought Maryland game developer Big Huge Games last May for an undisclosed sum.
In a Harvard Business School case study, Noam Wasserman, professor at Harvard Business School, estimated Schilling spent about $20 million running 38 Studios through 2008.
Kaigler declined to comment on that estimate, or comment on reports that Schilling is seeking to add outside investors in his company.
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