Crytek Clears up Financial Troubles
Crytek has been in a bit of financial troubles over the past few months, with the development of Homefront: The Revolution being in development hell. Things got so bad in the UK office that workers actually stopped working on the game, because many of them stated that they weren’t getting paid at all.
In the statement handed to GI International, Crytek stated things have turned around, as it was able to secure more capital in order to “concentrate on the long term strategic direction” of the company. The firm also stated it could have done better by its employees by providing a “better flow of information,” but due to the circumstances,. “communicating details of our plans publicly has not always been possible.”
“Like the games industry as a whole, Crytek has been in a transitional phase,” reads the statement. “Our evolution from a development studio to an Online-Publisher has required us to refocus our strategies. These challenges go along with an increased demand for capital which we have secured.
Hopefully, their next game will actually make it out.