Crytek, developer of Crysis and Ryse, is reportedly in financial trouble. The reports all began when German game magazine Gamestar reported that the studio was facing bankruptcy. Allegedly, the development on Ryse: Son of Rome was a disaster. The company was massively behind schedule, and had to crunch for nearly three months before the game’s launch in order to release it on time. “The vultures are circling already,” one employee told Gamestar. That same employee alleged that Crytek may be taken over by World of Tanks creator WarGaming.
Eurogamer went on to report similar sentiment from employees at Crytek UK and some of it’s other studios. Before E3, one source told Eurogamer that the staff at Crytek’s Sofia office had not recieved their salary in two months. Crytek went on to deny the initial report from Gamestar in a statement to Eurogamer. “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 rumors which Crytek deny.”
Lastly, Kotaku’s Jason Schreier wrote an article today saying he has heard similar rumblings for the past three months. Employees of Crysis UK, currently developing Homefront: The Revolution, reached out to Kotaku with stories of late paychecks and delayed bonuses. Crytek UK managing director Karl Hilton is also leaving his position at Crytek UK, but will continue on with the company in a currently unknown to the public role. Schreier also received an anonymous email alleging payments were late to Crytek’s Frankfurt studio as well.
Kotaku received another email in early June, saying that the employees had not been paid since April. “My reason for reaching out is mainly because there are a lot of people in my situation and it isn’t right for a company to not pay staff on time,” the Crytek UK employee told Schreier. “People should know that there are a bunch of employees who deserve a better company. These things should not be kept in the dark.” Crytek’s PR refuted these claims over email and at E3 2014. Crytek’s PR Head offered Schreier an interview after E3, but Schreier’s repeated attempts to schedule one have been met with silence.
We will update you as soon as we learn anymore about the situation.
by, Bobby Marquardt