Submitted 15 hours ago by mysticpickle@lemmy.ca to games@lemmy.world
According to The Korean Economic Daily, citing insider sources, Krafton has now been forced to pay out that bonus, which equates to $3.12 for every $1 every month that Unknown Worlds surpasses $69.8 million in revenue, with an upper limit of $250 million. This amounts to around 35% of Krafton’s operating profit in 2025, which may explain why Krafton fought tooth and nail to avoid paying the sum.
Subnautica devs have maxed out their bonuses already 😂
Looks like Krafton negotiated insanely bad bonus conditions and terms for themselves here. Are they adrenaline junkies or am I bad at math because it looks like they have to pay much larger bonuses than they made revenue so far.
That entire situation was ridiculous. The major points:
Good summary. What’s wild to me is reading through this and pondering the frequency of these events. “Someone made an arrogant/stupid business decision” multiple times a day every day. “Someone tried to weasel out and was told that was stupid” also every day. “Went ahead with the plan anyway” - very frequent. “Tried to burn it all down” - all too often. Then we get to the turn where the wronged actually got a fair day in court- far, far less often. Then the villain of our story with $250M on the line somehow didn’t lawyer up enough to get the best justice money can buy - almost seems like fiction at this point and beyond.
Wild ride. That Kim bloke has been underwater and panicking for a while now
So… did he use ChatGPT to write the contract in the first place? If so, that would fucking hilarious.
I mean, you could see it as an investment? You know, by motivating their workers to create a very good product that then sells very well later when they are out of early access? Like a theoretical normal company should do?
They probably need to sell over 14 million copies at full price to break even with that bonus. The math is very bad for them. That’s not impossible, but it would make it one of the best selling games of all time
…pay out that bonus, which equates to $3.12 for every $1 every month that Unknown Worlds surpasses $69.8 million in revenue
Im a little lost here. Can someone explain this sentence please?
Krafton is paying out $3 for every $1 earned. They made a shit deal.
Yeah thats the part I understood, but on what conditions? If they earn 69m$ for 6 months in a row, the bonus is 0$ but if they earn 70m$ one month and 0$ for 5 more months the bonus is 210m$? That kind of doesnt make any sense.
P1nkman@lemmy.world 14 hours ago
Oh no, the Krafton CEO cannot afford to purchase a new yacht this year. Poor guy. Should we start a GoFundMe for him?
Grimy@lemmy.world 13 hours ago
To be fair, 90% of that 250 is going to three guys so someone was getting a yatch either way.
Goodeye8@piefed.social 11 hours ago
Was that confirmed by anyone else? Because as far as I know Krafton made that claim and I wouldn’t trust a single word Krafton says.
Quetzalcutlass@lemmy.world 13 hours ago
I’m worried he’ll recoup the shortfall by screwing over Krafton’s other owned studios, Embracer-style.