Crytek Denies Reports of Bankruptcy, “Continue to Focus on Development and Publishing”

Crytek reports "positive feedback during and after E3".

Posted By | On 23rd, Jun. 2014

Homefront The Revolution (1)

A report surfaced earlier today courtesy German gaming magazine GameStar which stated that Crysis and Ryse: Son of Rome developer Crytek would be going bankrupt. This would apparently be due to the failure of Ryse: Son of Rome, poor sales of CryEngine and a lack of profitability from Warfare outside of Russia.

Crytek however denied this reports to VG247, stating that, “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.”

We’ll know Crytek is in trouble when we see it but for now, it’s hard to argue that the developer is going as strong as ever.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Saints Row Gets Detail On Some Of Its Side Hustles

Saints Row Gets Detail On Some Of Its Side Hustles

Get some lowdown on what you can do in-between main missions as you build your criminal empire.

BlizzConline 2022 Plans Now On Pause, With BlizzCon As An Event To Be “Reimagined”

BlizzConline 2022 Plans Now On Pause, With BlizzCon As An Event To Be “Reimagined”

The long running event will not be held in 2022 and is said to be due for a makeover for potential future show...

Back 4 Blood Surpasses 6 Million Players

Back 4 Blood Surpasses 6 Million Players

Turtle Rock Studios' Left 4 Dead-inspired co-op zombie shooter continues to enjoy solid success, surpassing 6 ...

Halo Infinite Campaign Overview Analysis Highlights Significant Technical Improvements Over 2020 Debut

Halo Infinite Campaign Overview Analysis Highlights Significant Technical Improvements Over 2020 Debut

A newly uploaded technical analysis of the recent Halo Infinite campaign overview trailer highlights the signi...

Little Devil Inside Will Receive its First In-Depth Look in Tomorrow’s State of Play

Little Devil Inside Will Receive its First In-Depth Look in Tomorrow’s State of Play

Neostream Interactive's long-in-development action-adventure title will finally be properly showcased at tomor...

Everspace 2’s Xbox Game Pass Deal is a “Blessing,” Developer Says

Everspace 2’s Xbox Game Pass Deal is a “Blessing,” Developer Says

Everspace 2 will be available on Xbox Game Pass via its preview initiative, and developer Rockfish Games has ...