Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million

After a lengthy legal dispute, Krafton has reached a settlement with its subsidiary Unknown Worlds Entertainment, which is developing subnautica 2and pay bonuses to studio employees, bloomberg Report.

The controversy began last year when Krafton ousted Unknown Worlds co-founders Charlie Cleveland and Max McGuire and its CEO Ted Gill ahead of a potential $250 million bonus for meeting certain financial targets, which was to be shared with the studio. After executives filed suit, a judge reinstated Gill as CEO in March, and subnautica 2 It finally launched in Early Access in May. The game sold 4 million copies in five days.

Details of the agreement have not been disclosed. “Krafton, Inc., Unknown Worlds Entertainment, and Ted Gill, Charlie Cleveland and Max McGuire have reached a mutual settlement and have agreed to dismiss all pending legal proceedings,” Krafton said in a statement. game Dev.

The bonuses will be paid to all Unknown Worlds employees, rather than just those who were there when Krafton acquired the studio in 2021, and will be paid in three annual installments. bloomberg. However, Gill would leave the studio. “We agreed to a mutual separation,” Gill explains. bloomberg. “New leadership is the best way to move the studio forward.”

Krafton did not immediately respond to a request for comment. The Verge.



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