Payday dev Starbreeze says it s paid the majority of its creditors

Payday dev Starbreeze says it s paid the majority of its creditors

Payday dev Starbreeze says it's paid the majority of its creditors Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Payday dev Starbreeze says it's paid the majority of its creditors Cash back. News by Wesley Yin-Poole Deputy Editorial Director Updated on 4 Dec 2020 11 comments Starbreeze has paid the majority of its creditors, it's said. The company behind Payday completed payments during the fourth quarter as part of a plan established by the Stockholm District Court on December 6, 2019. Starbreeze has been under threat ever since the disastrous launch of Overkill's The Walking Dead on Steam. The game flopped, causing severe financial issues and the acrimonious exit of boss Bo Andersson. Check out our feature, The fall of Starbreeze for more. But after a reorganisation, layoffs, the selling off of various publishing rights and a focus on Payday 2, it seems Starbreeze is starting to sort itself out. Watch on YouTube Has the PS5 changed the way we play single-player games forever? Supplier creditors and small supplier creditors who were included in the reorganisation plan are now paid off, Starbreeze said. Now, only part of the debt owed to financial services company Nordea, and debt related to the controvertible bond it secured when Italian game company Digital Bros bought the assets held by Korean Crossfire developer Smilegate (Starbreeze was working on a co-op take on Crossfire for Smilegate before its collapse), remain. Since Starbreeze fell into financial turmoil, it has sold off its rights to System Shock 3 and 10 Crowns. In October 2019, Starbreeze said it would release Payday 3 in 2022-2023. At the time, the company said it expected to secure a publisher for Payday 3 at some point in 2020, and a significantly improved cash flow from 2022 on. However, it has so far made no announcement of a deal for Payday 3. Become a Eurogamer subscriber and get your first month for £1 Get your first month for £1 (normally £3.99) when you buy a Standard Eurogamer subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair! Support us View supporter archive More News Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 59 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 3 Google announces cloud gaming Chromebooks less than a fortnight after Stadia shutdown GeForce Now preinstalled. 10 Latest Articles Preview Football Manager's new Console edition is the best you'll get without a PC Getting Touch-right. Splatoon 3 Amiibos will be out next month Ink-coming! 3 Fans think Phil Spencer's shelf is teasing the Xbox Game Pass streaming box UPDATE: Xbox confirms old Keystone prototype. 59 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 3 Supporters Only Premium only Off Topic: Take a minute to appreciate Cookin' with Coolio's incredible scallops recipe. What a great book. Premium only Off Topic: Reading City of Glass in comic form "Where exactly am I going?" Premium only Off Topic: Il Buco is a transporting film about a really big hole Underlands. Off-Topic Netflix handled Sandman brilliantly It was Dreamy. 9 Buy things with globes on them And other lovely Eurogamer merch in our official store! Explore our store
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