GameStar: Crytek in Financial Trouble

German site GameStar.de reports (in German) that German developer Crytek is in financial trouble, and may be facing bankruptcy. Most of the story is behind a paywall, though we can see they say that the company secured additional funding in April, but there are questions about how long they will remain viable. DSOGaming summarizes more from the story in English, saying the recently released new version of CryENGINE is not selling well, that development of Ryse was catastrophic, and that there have been delays in making payroll for the 800 employee company.
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Re: GameStar: Crytek in Financial Trouble
Jun 23, 2014, 17:16
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62.
Re: GameStar: Crytek in Financial Trouble Jun 23, 2014, 17:16
Jun 23, 2014, 17:16
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Wesp5 wrote on Jun 23, 2014, 04:13:
dizave wrote on Jun 23, 2014, 01:53:
lack of efficiency meaning poor performance?

If you are talking about the CryEngine here, certainly lack of efficiency meaning poor performance! Compared to idTech or Unreal, Crytek always took the brute-force approach in that if your graphics card wasn't top, the games would run poorly. And in my opinion they made the same error as id in that they ignored the licencing market. Now lets hope the Chrome engine will stay with us for some time...

To be fair to id, I don't think they've ever really been that interested in licensing their engines. Studios came to them asking for this or that license, not the other way around.
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