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  1. #161
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    https://www.forbes.com/sites/mattper.../#2503fd4c5ac9
    https://cloudimperiumgames.com/blog/...017-financials
    https://docs.google.com/spreadsheets...gid=1694467207

    They might be short on funding. Financials released by the company show that they are paying employees $30M/year in salaries plus an undisclosed amount to creator Chris Roberts, although he is making enough to purchase a $4.7M home in LA. That's on top of operating costs. By the start of 2018, they had already burned through nearly $300M. The company has secured some funding from an private equity firm, but that plus the monthly backer donations are not sustainable. Supposedly Squadron 42 is set to release in 2020, if it doesn't, the company might go under.

  2. #162
    Electric Six groupie
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    I love following this apparent dumpster fire, but the potential to be the greatest space rpg makes me sad for the fate of this company.

  3. #163
    Mr. Bananagrabber
    Sweaty Dick Punching Enthusiast

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    Just give me Squadron 42 then tank away.

  4. #164
    Impossiblu
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    Who could've ever seen this coming

  5. #165
    2600klub
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    Forbes is literal trash and has been for years.

    The national enquirer is probably a more credible news source.

  6. #166
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    I included financial sources provided by Cloud Imperium that show that their funding is not sustainable at the current rate.

  7. #167
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  8. #168
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    https://www.polygon.com/windows/2020...e-date-pc-2020

    Crytek is pausing their lawsuit against Cloud Imperium until after Squadron 42 releases.

    It’s a complicated bit of legal maneuvering, going back to the lawsuit Crytek brought in 2017. Crytek alleges that CIG is violating the terms of a licensing agreement and still using CryEngine 3 code to develop Star Citizen and Squadron 42 — which Cloud Imperium maintains is a separate game and not a module of Star Citizen.

    But as Crytek’s action is predicated on CIG bringing a product to market without permission to use CryEngine code, Crytek’s claim can’t really go anywhere if no offending product is released. So the company is asking a judge to put off their claim for the time being, as it doesn’t think Squadron 42 will be released by or before the June 2020 date when this lawsuit was originally set to go to trial. Crytek is looking to reschedule the trial for October.

  9. #169
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    Now with recycling!


  10. #170
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  11. #171
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  12. #172
    Art Connesseur of Blue Gartr
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    Aww, now it'll never get finished!

  13. #173
    A. Body
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    Shucks! I bet it was so close, too.

  14. #174
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    The game isn't canceled, but anyone who couldn't relocate to the new offices, including senior staff, were let go. Some examples of senior staff that were laid off was game director Todd Papy (10 years at CIG) and level designer Dave Kubicka (3 years). Staff let go were in design, production, and QA.

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