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Ryse: Son of Rome

Crytek Finally Breaks Silence on its Financial Situation

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Crytek has today addressed its financial situation following reports that the company had failed to pay employee wages at some of its studios for months. Crytek has since moved to dismiss these reports as rumours, claiming that the company "has been in a transitional phase" in a note issued to GamesIndustry.biz.

According to the Crytek representative issuing the statement, the firm has been using its period of transition to secure more capital as it moves from a status as developer to online publisher. Apparently, that capital has now been generated and Crytek is prepared for the long term, declaring that "we won't be communicating further details about our developments and progress."

Here's Crytek's statement in full:

"In recent weeks, there have been repeated reports and rumours 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 organisation, capitalisation, 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 progress soon."

The status of a Ryse sequel for Xbox One remains unknown, however, with Crytek's next games being free-to-play titles Hunt: Horrors of the Gilded Age (preview here) and Arena of Fate.




 
 

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Game Info
Developer:
Crytek
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Release:

US November 22, 2013
Europe November 22, 2013

HDD Space Required : 34.53 GB
Price: $49.99USD
Collection:914
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