Crytek, the studio behind the Crysis series and Ryse of Rome, is being reported by Kotaku as being in deeper financial trouble than first thought. Staff at the company’s UK office have apparently stopped working, and development of the resurrection of the Homefront series is now in jeopardy.
The company has denied facing problems with its operations, although sources close to the company have claimed that the denials are untrue. Even if Crytek is not in trouble, the amount of negative news circulating will certainly give it reasons to start worrying.
While the company may be seeing several in-development titles cancelled recently, it is still responsible for the licensing of the CryEngine platform that should be able to keep it afloat for a little longer. It would be very discouraging to see such a large developer go away, especially after the recent closure of THQ. Although this may be a reality as Kotaku has reported as many as 100 employees filings grievance letters for not being paid since April.
Eurogamer has speculated on why such the developer has run into financial difficulty as of late, and the reasons run through everything from IP disputes with Microsoft over the Ryse series, to the poor showing of MMO shooter Warface, and even the possibility of the company simply expanding too fast.
If anything, the future does not look bright for the people who gave us the CryEngine.