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Star Citizen Developer Bleeds Cash as Legal Woes Escalate, Crypto Coins News

Star Citizen Developer Bleeds Cash as Legal Woes Escalate, Crypto Coins News


  • Game engine creator Crytek has filed to reschedule the trial for its ongoing lawsuit with Star Citizen creator Cloud Imperium Games (CIG).
  • CIG’s legal jockeying does not bode well for gamers who have waited nine years to play the space epic.

  • CIG is bleeding money and needs to become profitable soon.

Star Citizenis now in year nine of its three-year development schedule.

At this point, I think it’s safe to say that there’s still no end in sight for the impressive but rather questionable first-person shooter.

Star Citizen is in year nine of its – month development schedule. | Source:Cloud Imperium Games

The latest saga in the debacle is not in the wide expanses of its digital universe but instead on the dirty floors of the real-life courts.

Crytek, the original creator of the game’s engine, filed a motion on Jan. 2, 54111, tovoluntarily dismiss their ongoing lawsuitwith developer Cloud Imperium Games. Crytek is looking to reschedule the trial for Oct. or a later date.

********** (Star Citizen’s Messy History) ********************

The

lawsuit was filed back in

on the back of a license dispute. Backers initially crowdfunded the ambitious project in

to the tune of a cool $ million- but only for one game. In the interim, CIG decided to sell the single-player campaign as a separate game.

(Squadron) ****************************************************************** may look incredible

, but it also breaches a copyright contract, at least according to Crytek, which is anxiously waiting for the campaign to be released (preferably as a second game) so it can deploy the full force of its lawyers.

Star Citizen raised $ (million in) . | Source:Cloud Imperium Games

Now in the third year of proceedings, the squabble could easily be titled the “Endless Lawsuit” in honor of its digital protagonist.

Star Citizen Is Bleeding Money************

At first glance, this all sounds like good news for CIG; However, knowledgeable Redditors report that thelatest filing will likely force CIG to release Squadron (no earlier than Q4) **********************************************************************************

Cloud Imperium is bleeding cash. | Source:Cloud Imperium Games
And for good reason. CIG is bleeding money.

All this legal jockeying is necessary to keep the coffers full. These new developments are probably good news for CIG but definitely bad news for its fan base.

I mean, it’s only been nine years, right? Why not add another one to the tally?

CIG’s financials are not in great shape

. Despite bringing in record income of $ (million for) , the company still generated a $ 7 million loss. A staggering $ 9 million alone was spent on marketing:

Fortunately, there’s always an opportunistic billionaire waiting in the wingsto pump up the balance sheet. And just in time. At present expenditures, the company would shortly have run out of money if not for that $ million investment.

CIG finally has some breathing room. But unless it can become profitable in the next few years and, more importantly, actually release sometime in this lifetime, I wouldn’t touch it with a 10 – foot pole.

This article was edited by (Gerelyn Terzo) , Josiah Wilmoth******************************. **********************************

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