Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million
Jay Peters is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme.
After a lengthy legal dispute, Krafton has settled with its subsidiary Unknown Worlds Entertainment, which is developing Subnautica 2, and will pay bonuses to the studio’s staff, Bloomberg reports.
The dispute began last year after Krafton pushed out Unknown Worlds’ co-founders, Charlie Cleveland and Max McGuire, and its CEO, Ted Gill, ahead of a potential $250 million bonus for hitting certain financial goals that would have been shared with the studio. After the executives sued, a judge reinstated Gill as CEO in March, and Subnautica 2finally launched in early access in May. The game passed four million copies sold in five days.
Details of the settlement haven’t been disclosed. “Krafton, Inc., Unknown Worlds Entertainment, and Ted Gill, Charlie Cleveland, and Max McGuire...
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