38 Studios video game auction

PROVIDENCE, R.I.: 38 Studios video game headed to auction block - Technology - MiamiHerald.com: " . . . Michael Pachter, an industry analyst at Los Angeles-based Wedbush Securities, said he doubts the game is worth much or that many parties will bid, because it could cost anywhere from $20 million to $100 million to finish it. "It's like buying a brand that hasn't been marketed yet," he said of 38 Studios. He added: "You have to want to make an MMO and they really aren't doing well.". . ."

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