
Today’s news gets stranger and stranger. Earlier today, it was reported that TERA, upcoming MMO by Bluehole Studios, has been subsidized by the Korean Government. As part of the Global Plan, the Korean Ministry of Culture, Sports, and Tourism has selected Bluehole to be part of their fund in an effort to expand Korea’s presence in the MMO realm (this is where you point out the hundred thousand Korean MMOs on the market). It is quite an exclusive program, and is one of nine projects selected.
Don’t worry, it gets stranger. Heading back over to the states, our news focuses on 38 Studios, which at this point in times is located in Massachusetts. As it seems, Rhode Island is very interested in having 38 Studios, with their upcoming MMO Copernicus, and they were willing to extend an olive branch. Granted, the olive branch already existed, but Rhode Island is offering 38 Studios a guaranteed $75 million loan in exchange for relocating the company. For a teeny tiny company like 38 Studios, the thought of a guaranteed $75 million must be a godsend (or a nightmare imagining paying that back).
Next time on MMO Fallout? I’m still waiting on the release of Kim Jong Ill’s MMO.
