The CryDev website announces Crytek will offer developers access to their CryENGINE as a subscription service, a similar model to what Epic just announced for the Unreal Engine 4 (thanks Grifter). Beginning next month they will be offering use of their game technology for US$9.90/€.9.90 per user per month with no commission. Here's word:

As a first tier of its new program, Crytek has revealed that from May this year, indie developers will be able to use all of CRYENGINE's cutting-edge features for a monthly subscription fee of 9.90 USD/EUR per user - royalty free. Those features include the recently announced addition of CRYENGINE features such as Physically Based Shading, Geometry Cache and Image Based Lighting - an upgrade already shown in action by Crytek at this year's GDC conference in San Francisco.

More details about the game-changing opportunities on offer to developers as part of the program will be announced in the near future. The CRYENGINE free SDK will continue to be available under its current terms but developers wanting to take advantage of the new features of CRYENGINE will need to subscribe to the new EaaS-Program.