There's a statement from Crytek
problems at the German publisher/developer, including reports of missed
payrolls. After previously denying
the validity of these reports, they now acknowledge they've had to secure
additional funding as they work through a "transitional phase" from development
studio to online publisher. Here's their statement:
In recent weeks,
there have been repeated reports and rumors relating to financial problems at
Crytek. Having already given an update to staff across all our studios, we are
now in a position to share more details with members of the press and public.
Internally, we have acknowledged that the flow of information to employees has
not been as good as it should have, however we hope you understand that
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. 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.
We can now concentrate on the long term strategic direction of Crytek and our
core competencies. We kindly ask for your understanding, that we won't be
communicating further details about our developments and progress.
Ultimately, with our organization, capitalization, portfolio and technologies we
have now laid the foundations for securing Crytek's future - not just in the
short term, but also long term.
Through this period of speculation, we are thankful for the support and
encouragement we've received from our community and our partners, and for the
contribution all of our staff have made. We remain committed to doing what we
are best known for and trying to develop the best interactive experiences and
technology possible for everyone who loves gaming.
We are confident that we will be able to share more positive news on Crytek's