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.
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.