No wonder the idiot tried to get out of it what a stupid thing to agree to. Perhaps a change in management might be a good idea, the current CEO appears to be throwing good money after bad.
The CEO of Krafton was the one who signed the deal. He definitely had buyers remorse which is why he ended up ignoring his lawyers and turning to ChatGPT for advice on how to delay the release of Subnautica 2 and avoid the payout.
Personally - I’m not buying the game. Krafton still owns the studio, and they’ve done nothing to make the situation better. Court mandated remediations aside, krafton tried to abuse these devs and steal what they were owed. They’re still working under a hostile parent company and likely will become a skeleton crew in no time.
Best case scenario unknown worlds can use the money to split themselves into a new studio.
Earlier this year, publisher Krafton was accused of ignoring a court order by announcing to staff that the game was releasing in May, despite such a decision seemingly being the responsibility of the newly reinstated CEO Ted Gill.
Gill is the first person named as part of “the three”.
OK I didn’t see the article mention that. Only that they leaders were fired, and everybody lost the bonus.
I guess it ended OK then?
The judge extended the deadline on the bonus by 9 months (to September).
If Subnautica earns $69.8million in revenue by then, Krafton will need to pay up the full $250million to the team.
https://gamerant.com/subnautica-2-250-million-bonus/
Considering it sold 2 million copies in 12 hours, at $30 each, I’m assuming they’re very close to reaching that (if they haven’t already).
70 Million in revenue (not profit) for a 250 Million bonus … all else aside, was the executive who signed that high on coke?
No wonder the idiot tried to get out of it what a stupid thing to agree to. Perhaps a change in management might be a good idea, the current CEO appears to be throwing good money after bad.
That’s correct, revenue, not profit.
The CEO of Krafton was the one who signed the deal. He definitely had buyers remorse which is why he ended up ignoring his lawyers and turning to ChatGPT for advice on how to delay the release of Subnautica 2 and avoid the payout.
Personally - I’m not buying the game. Krafton still owns the studio, and they’ve done nothing to make the situation better. Court mandated remediations aside, krafton tried to abuse these devs and steal what they were owed. They’re still working under a hostile parent company and likely will become a skeleton crew in no time.
Best case scenario unknown worlds can use the money to split themselves into a new studio.
It’s sad the the gaming industry so often turn toxic. 😒
the game has to sell at least 3M copies for the devs to get the $250M tho
AFAIK this is not true. The bonus is just capped. But every dollar spent is increasing their bonus until they have sold 3M copies.
it also has a bottom. it only triggers when revenue exceeds $69.8 million, so about 2.3 million copies
It does mention:
Gill is the first person named as part of “the three”.