Krafton reaches settlement with Subnautica 2 developer after long dispute over $250 million


After a long legal dispute, Krafton has reached a settlement with its subsidiary Unknown Worlds Entertainment, which is in development. Subnautica 2and will pay bonuses to studio employees, Bloomberg Reports.

The dispute began last year after Krafton fired Unknown Worlds’ founders, Charlie Cleveland and Max McGuire, and its CEO, Ted Gill, before receiving a potential $250 million bonus for meeting certain financial targets that would have been shared with the studio. After filing a lawsuit against the executives, a judge restored Gill to the CEO position in March, and… Subnautica 2 It finally launched in early access in May. The match passed Four million copies were sold in five days.

Details of the settlement were not disclosed. “Crafton, Unknown Worlds Entertainment, Ted Gill, Charlie Cleveland and Max McGuire have reached a mutual settlement and agreed to dismiss all pending legal action,” Crafton said in a statement. Statement for Game developer.

The bonuses will be paid to all Unknown Worlds employees rather than just those who were there at the time Crafton acquired the studio in 2021It will be paid in three annual installments, according to Bloomberg. However, Gil will leave the studio. “We mutually agreed to separate,” says Jill. Bloomberg. “New leadership is the best way for the studio to move forward.”

Crafton did not immediately respond to a request for comment Edge.

Leave a Reply

Your email address will not be published. Required fields are marked *