A judge ruled yesterday that Krafton improperly fired Gill in 2025, and ordered that he be restored as CEO of Unknown Worlds.
A judge ruled yesterday that Krafton improperly fired Gill in 2025, and ordered that he be restored as CEO of Unknown Worlds.
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You’d hurt Krafton more if Unkown World earns enough revenue to trigger the $250 million payout. Obviously a single word from Krafton can’t be trusted, but that’s all the more reason to hit them with this. I’m all for not giving money to a shitty company. But the payout was the whole reason they tried to pull this hostile takeover shit in the first place. If Krafton doesn’t end up having to pay that money to UW, then it’s a victory for them. If you really want Krafton to be punished, buy the game and make them pay, literally. If UW has all that money at the end of this, it will put them in a stronger position to not get pushed around by Krafton. Ultimately, Krafton put itself in this position because they made a deal they regretted, and tried to weasel out of it. Don’t let them succeed if you hate them and love Subnautica.
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Enough that they were willing to risk doing this to their reputation against the advice of lawyers. So I’d say pretty damn bad. But if you decide it’s not where you wanna put your money, that’s fair too.
But it also helps the game sell better. I’d bet, if the game does well, Kraft on will make far more than that back. They didn’t purchase the company to lose money. They just thought they could get out of paying that money and make more profit. It’s not that they’d not make a profit by avoiding this, just less.
Krafton’s CEO felt that they had severely overpaid for UW if they had to pay out that bonus. They bought it in 2021 during Covid, when more people were staying inside playing video games. It inflated the value of a lot of game companies, which is why they initially agreed. Now the economic situation is different, so they are probably taking a pretty nasty hit if they have to pay that out. However, you’re probably right that they will still profit. But they’d make more by not paying it out. I’m more than happy to help take that away from Krafton and give it to UW who is far more deserving. Krafton deserves punishment, and if they get out of paying that money, they get a win.
Their 2024 gross revenue was about $1.9 billion, so $250 million would be over 13% of their total annual revenue
People gotta be doing this on purpose