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Crysis and Ryse developer denies reports of bankruptcy

Monday, 23rd June 2014 16:39 GMT By Sherif Saed

Crytek, developers of the Crysis series and the Xbox One exclusive Ryse: Son of Rome, could be on the verge of bankruptcy, according to a report from a German magazine.

crysis_kill

German gaming magazine Gamestar.de [paywall] suggests that the two main reasons for the financial troubles are attributed to poor sales of CryEngine, and what the magazine described as “catastrophic” development of Ryse: Son of Rome. The developer’s free-to-play title Warface is said to be only profitable in Russia.

The developer is apparently also struggling to pay its employees on time, leading some of them to send applications to other studios.

VG247 has asked Crytek for a comment and was provided with the following statement:

“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 rumours 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.”

The rest of the article is well worth a read on DSO Gaming
which have kindly translated it to English.

Thanks, Games.on.net.

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14 Comments

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  1. gomersoul

    This looks bad. I thought ea were bankrolling them?

    #1 1 month ago
  2. Erthazus

    They will be closed. Because after Crysis 1 they have not made decent game and their next game “Homefront” won’t be any better.

    They created fantastic engine and can’t use it after they started development on consoles. When they started ding it. BAM.. PC developer did a shity job on the PC and on consoles for Crysis 2 and 3 and so on.

    their loss and mistake.

    They developed Warface for the PC only from the start and woop di doop it is PROFITABLE. LOL.

    Of course.

    #2 1 month ago
  3. aseddon130

    @2 that is literally your opinion, and factually wrong.

    Their Crysis games got good reviews, decent sales (maybe not for Crysis 3 interms of sales) and im willing to bet Ryse sold decently well considering it was a launch game, despite it’s poor reviews. Crysis 2 and 3 ran beautifully on the PC too and the 360 versions of said games were decent enough in their own right. Warface would be profitable since it is a FREE TO PLAY game.

    Your biased “PC RULEZ” opinions are boring as hell to read.

    #3 1 month ago
  4. undermyrules

    They doomed themselfs after they scraped cry engine 2 that could have been the greatest engine ever but after warhead they had money and they went greedy for more ….ta dam new console engine they called it cry engine 3 which was pretty dumb considering its downgrade and which is not 20% that what cry engine 2 was capable….but consoles nuff said

    #4 1 month ago
  5. ENGCLM

    Doesn’t sound too promising.

    I’ve always considered Crytek a powerful studio but one who never fufills their potential.

    Crysis is a good franchise but just lacks that little something that makes it great and Ryse was again promising but lacking.

    My opinion on Crytek is that most of their games feel like tech demos rather than complete experiences but each to their own.

    … However, a talented, multi-million selling studio, who clearly have fans with expectations even if I am not one. So with that said, lets hope this report is incorrect and no more top studios disappear from the AAA market.

    #5 1 month ago
  6. The_Red

    I think the bankruptcy report is somewhat exaggerated but not completely false.
    Crytek is in a bad situation because:

    1. Their Engine is behind in terms of tools and documents compared to rivals (Unity and UE).
    2. They had 2 really prolonged development periods which lead to sustained and major costs (Rome & Homefront 2).
    3. They bet it all on F2P games and stuff like G-Face (Ugh… Who chooses these names?)

    #6 1 month ago
  7. YoungZer0

    “The developer’s free-to-play title Warface is said to be only profitable in Russia.”

    You know you’re fucked when the only country your game is profitable in is russia.

    #7 1 month ago
  8. Erthazus

    @aseddon130 Crysis 2 was horrible on the PC and even Direct X11 patch did not make it any better.
    Crysis 1 sold really well and Far Cry 1 sold really well too.

    There is no biased PC rulez. It’s a simple fact. It’s the same shit will happen if a console developer will start making multiplat games he will have issues with that. It’s a common sense with the development.

    #8 1 month ago
  9. Erthazus

    @aseddon130 A simple example. From Software – good console dev. They make good games on consoles and then they ported Dark Souls 1 on the PC that was fucking horrible with locked 30 fps and horrible controls. DS2 is better but with the same issues and PC community hate this shit. Everyone will hate dev for That… but this is not a dev problem. It’s just a greedy issue of this business model

    But it was a port. So not a big deal.

    Crytek works differently. When it started development of Crysis 2 they basically scratched their PC development and the result was a mess and it sold not well in the end. They tried to simultaneously develop one game on all platforms with the engine that was suited for PC first of all with Direct X10.

    #9 1 month ago
  10. Spider Law

    Crytek = The new Silicone Knights?

    #10 1 month ago
  11. fearmonkey

    If this is true, it’s because their management ran the company into the ground. The entire FTP thing, Ryse as a Xbox Exclusive, Crysis 2 and Crysis 3 being a completely different style of game when the original did so well, etc.

    Epic should buy them out, and make the Unreal Cryengine lol.

    #11 1 month ago
  12. OrbitMonkey

    THQ’s last game? Homefront.

    Crytek’s? Homefront.

    Not saying Homefront is cursed, just that any management that thinks they can spin that shit into gold have judgement issues.

    #12 1 month ago
  13. neptune432

    I hope they don’t go bankrupt. It seems like they’re starting to make good games again.

    #13 1 month ago
  14. Dog4life

    I like the Crysis series a lot and their tech/engine is pretty impressive.
    Crysis 2 on x360 looked amazing considering the poor HW it was running on.

    I would love to see the cry engine running on my ps4 :)

    #14 1 month ago