Thanks to its parent company Koch Media, video game publisher Deep Silver has acquired the "Homefront" series Wednesday from the financially-troubled Crytek, which includes "Homefront: The Revolution."
In a press release issued today, Koch Media and Deep Silver now owns the "Homefront" franchise, along with all coherent assets related to the series from Crytek. Development of "Homefront: The Revolution," formerly set for a June 2nd 2014 release, will continue in the newly founded, Nottingham-based Deep Silver Dambuster Studios. “We are thrilled to see another great IP joining the Deep Silver universe,” said Koch Media CEO Dr. Klemens Kundratitz. “We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path we have been walking in the last years.” Back in early July, Deep Silver tweeted it's always on the lookout for acquisitions that would match well with its brand.
News of Crytek selling the "Homefront" series justify reports of the studio facing a financial crisis back in late June. With today's news comes word from VentureBeat of Crytek closing down its UK studio, who weren't receiving paychecks on time, and downsizing its division at Austin, Texas. It's said most of the talent from Crytek UK have moved to Deep Silver Dambuster Studios, to finish work on "Homefront: The Revolution." Crytek Austin, however, will only continue as a support team for North American developers that license the studio’s CryEngine development toolkit. Crytek’s Frankfurt has taken over development of Hunt: Horrors of the Gilded Age from the Austin team.
Amid financial problems, more reconstructions at Crytek are to be expected. Going back to the original rumor, it was said Crytek feuded with Microsoft over who owned the "Ryse: Son of Rome" property, which caused the cancellation of its sequel for the Xbox One. With the selling of "Homefront," the possibility of Crytek selling the "Ryse" series to Microsoft or another video game publisher is plausible.
A slideshow of "Homefront: The Revolution" is available for viewing.