Crytek on Verge of Bankruptcy?

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Re: Crytek on Verge of Bankruptcy?

Postby DjchunKfunK » Sat Dec 17, 2016 9:58 am

It's not their job to save a failing studio either.
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Re: Crytek on Verge of Bankruptcy?

Postby Jez » Sat Dec 17, 2016 11:34 am

And that's that!

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Re: Crytek on Verge of Bankruptcy?

Postby Prey » Tue Dec 20, 2016 4:09 pm

Crytek issued today a press release, outlining a series of changes to its future business plans that will see the company refocus on its core strengths of developing innovative games and game-development technology. As part of the changes, Crytek will concentrate on development in its Frankfurt and Kiev studios and continue to develop and work on premium IPs.

CRYENGINE will remain a core pillar of Crytek’s overall strategy, with enterprise licensees and indie developers alike continuing to be served by regular engine updates. All other development studios will not remain within Crytek and management has put plans into action to secure jobs and to ensure a smooth transition and stable future.

In other words, Crytek is closing its studios in Hungary, Bulgaria, South Korea, China, and Turkey.

Crytek Co-Founder and Managing Director, Avni Yerli, said:

“Undergoing such transitions is far from easy, and we’d like to sincerely thank each and every staff member – past and present – for their hard work and commitment to Crytek. These changes are part of the essential steps we are taking to ensure Crytek is a healthy and sustainable business moving forward that can continue to attract and nurture our industry’s top talent. The reasons for this have been communicated internally along the way. Our focus now lies entirely on the core strengths that have always defined Crytek – world-class developers, state-of-the-art technology and innovative game development, and we believe that going through this challenging process will make us a more agile, viable, and attractive studio, primed for future success.”

Source: DSOG ... more-94172

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Re: Crytek on Verge of Bankruptcy?

Postby Achtung Englander » Wed Dec 21, 2016 3:05 pm

Good grief. Just make good games. That is all.
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Re: Crytek on Verge of Bankruptcy?

Postby eVoL » Thu Dec 22, 2016 2:15 am

Just make Crysis 2 already!
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