Crytek May Be In Financial Trouble

Earlier today we made a quick note that there were whispers going around the industry saying that Crytek may be in serious financial trouble. As the day progressed, however, those whispers kept getting louder. Multiple publications are stating they’ve received either reports or tips from Crytek employees that things are not going well. The reports range from disgruntled employees, Crytek workers not receiving their paychecks or bonuses on time, and even a potential buyout rumour.

These reports originated from Kotaku UK, Eurogamer, and the German magazine GameStar, with all of them saying they’ve received multiple e-mails from Crytek employees stating they haven’t been paid on time. Eurogamer went on to note that a rumour they’ve heard involves a potential buyout of the company by free-to-play developer, Wargaming.

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In response to these comments, Crytek delivered the following message:

Regardless of what some media are reporting, mostly based on a recent article published by GameStar, the information in those reports and in the GameStar article itself are rumours which Crytek deny. We continue to focus on the development and publishing of our upcoming titles Homefront: The Revolution, Hunt: Horrors of the Gilded Age, Arena of Fate, and Warface, as well as providing ongoing support for our CryEngine and its licensees.

We have received a lot of positive feedback during and after E3 from both gaming press and gamers, and would like to thank our loyal employees, fans and business partners for their continuous support.

It’s not surprising Crytek denies these claims and we certainly hope they’re false, but with similar information coming out of so many different places, it’s tough not to wonder if maybe the reports have some validity.

Source: Kotaku UK, Eurogamer, GameStar

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3 Comments

  1. I sincerely hope they’re doing ok, I’m really looking forward to Homefront 2.

  2. Wouldn’t surprise me if they are struggling. They spend a fortune on their games in terms of production values and a lot of them don’t sell (Ryse, Crysis 3, etc).

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