Krafton agrees to pay Subnautica 2 bonuses after CEO who used ChatGPT to dodge them steps down
TL;DR
Krafton will pay bonuses to all Unknown Worlds staff after settling the $250 million Subnautica 2 earnout dispute. CEO Ted Gill is stepping down.
Krafton has agreed to pay bonuses to the entire staff of Unknown Worlds Entertainment, the studio behind Subnautica 2, after reaching a legal settlement with the company’s chief executive and co-founders. CEO Ted Gill told Bloomberg he is stepping down as part of the deal. “We mutually agreed to part ways,” Gill said.
The settlement ends a year of litigation that became one of the strangest corporate governance episodes in gaming history. Krafton bought Unknown Worlds in 2021 for $500 million, plus a $250 million earnout tied to financial targets. Last summer, Krafton fired Gill and co-founders Charlie Cleveland and Max McGuire, claiming they had neglected their duties.
The three executives sued, alleging Krafton had fired them and delayed Subnautica 2 specifically to...
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