http://games.slashdot.org/story/14/07/31/1241252/crytek-usa-collapses-sells-game-ip-to-other-developers
Can't say I'm surprised with all the problems they've had recently, but still! Wow
I never really understood their business model, make games so graphic intensive even a current top of the line rig could run them all features on. Just turned people off. Sure its a nice tech demo, but you going to fork out 60 bones for a tech demo?
That's for sure, the damage to their rep is fairly heavy and affecting a lot of upcoming game releases (like the new Homefront)
It's stuff like this that can seal the fate for a lot of companies