Krafton has settled a legal dispute with its subsidiary Unknown Worlds Entertainment, the developer of Subnautica 2. The settlement includes paying bonuses to studio staff and resolves a lawsuit initiated by former executives after their ousting. CEO Ted Gill will depart the studio.
Krafton and Unknown Worlds Entertainment have settled their legal dispute, resulting in bonus payments for all Unknown Worlds staff and the departure of CEO Ted Gill. The settlement follows a lawsuit over delayed Subnautica 2 bonuses and the game's successful early access launch.
Krafton Inc. and the lead developers of the Subnautica video game franchise have settled their court dispute over controversial earn-out bonuses. The South Korean game company and executives from Unknown Worlds Entertainment Inc. withdrew all pending lawsuits as of Tuesday, ending a legal battle that began after Krafton removed co-founders and CEO Ted Gill.
South Korean game company Krafton Inc. and executives from Unknown Worlds Entertainment Inc. have settled their legal dispute over controversial earn out bonuses, withdrawing all pending lawsuits. The dispute arose after Krafton removed Unknown Worlds' co-founders and CEO, alleging leadership issues and development delays for Subnautica 2, while the former executives claimed Krafton sought to avoid a $250 million bonus payment.
Nvidia CEO Jensen Huang is expected to meet with Krafton Inc. executives, including Executive Director Chang Byung-gyu, in Seoul this week to discuss potential partnerships in gaming and AI. Huang's visit also includes meetings with other major South Korean companies.
Subnautica 2 launches May 14th in early access for $29.99 on PC and Xbox Series X/S after a legal dispute between developer Unknown Worlds and owner Krafton. The game is Steam's most-wishlisted title. After being delayed from 2025, the team used the extra time to create a more polished, accessible game. Early access is expected to last 2-3 years.
Krafton Inc., known for PUBG: Battlegrounds, reported a nearly 40% rise in first-quarter net profit to 514.1 billion won, surpassing analyst expectations due to strong performance of its PUBG franchise and collaborations.
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