"The studio and its new owners entered a legal battle because the purchase of Unknown Worlds included a promise of an up to $250 million payout from Krafton if the team met certain performance goals by the end of 2025. In July of that year, however, Krafton fired several studio leaders and then delayed the sequel's early access launch."
"The news comes a day after a judge ruled that former Unknown Worlds Entertainment CEO Ted Gill should be rehired at the game studio. That decision capped off a dramatic year for the team behind Subnautica, which was acquired by Krafton in 2021."
Subnautica 2 has rescheduled its early access release for May on PC and Xbox. This announcement follows a judge's ruling that former Unknown Worlds Entertainment CEO Ted Gill must be rehired. The studio, acquired by Krafton in 2021, has faced significant turmoil over a performance-based payout agreement worth up to $250 million due by end of 2025. Krafton fired several studio leaders and delayed the sequel in July, triggering legal disputes about the conditional payment. Krafton stated it is evaluating its options regarding the path forward, leaving uncertainty about whether ongoing litigation could cause additional delays to the May early access launch.
Read at Engadget
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