Krafton has reached a settlement with its subsidiary Unknown Worlds Entertainment, which is developing Subnautica 2, and will provide bonuses to the studio's staff. The legal dispute began last year after Krafton removed Unknown Worlds' cofounders and CEO ahead of a potential $250 million bonus linked to financial goals. Following a lawsuit from the executives, a judge reinstated CEO Ted Gill in March. Subnautica 2 launched in early access in May and sold over four million copies within five days.
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Krafton Settles Legal Dispute with Unknown Worlds Entertainment
Krafton has settled a legal dispute with its subsidiary Unknown Worlds Entertainment, agreeing to pay bonuses to the staff. The dispute arose after Krafton removed key executives ahead of a potential $250 million bonus, which led to a lawsuit and the reinstatement of the CEO. Subnautica 2 launched in early access in May and achieved significant sales shortly after.
Companies
Krafton
Unknown Worlds Entertainment
People
Charlie Cleveland
Max McGuire
Ted Gill
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Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million
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Krafton Settles Legal Dispute with Unknown Worlds Entertainment