Crytek Denies Bankruptcy Rumor

Eurogamer has comments from Crytek responding to recent allegations they are in serious financial trouble, denying they are flirting with bankruptcy. Here's what they say:
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.

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
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Re: Crytek Denies Bankruptcy Rumor
Jun 24, 2014, 08:53
Verno
 
17.
Re: Crytek Denies Bankruptcy Rumor Jun 24, 2014, 08:53
Jun 24, 2014, 08:53
 Verno
 
I have to question going after a troubled franchise like Homefront while also pursuing new IP. I love new IP but you can bankrupt yourself doing it if you don't have some proven winners in the stables. I'm sure they picked up Homefront for a song and a dance but I have to question if it was really worth the effort.
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