Starbreeze sells subsidiary to Rockstar as its battle for survival continues Eurogamer.net If you click on a link and make a purchase we may receive a small commission. Read our editorial policy. Starbreeze sells subsidiary to Rockstar as its battle for survival continues Payday. News by Wesley Yin-Poole Deputy Editorial Director Updated on 14 May 2019 9 comments Starbreeze has sold its Indian subsidiary to Rockstar as its battle for survival continues. The Swedish company behind the Payday franchise sold art outsourcing subsidiary Dhruva to Rockstar for $7.9m in a deal expected to close by the end of June 2019. Starbreeze can certainly do with the cash. It's currently amid a reconstruction in a bid to save itself from going out of business - a situation sparked by the failure of Overkill's The Walking Dead, among many other things. Recently, Skybound terminated the licence for Overkill's The Walking Dead - although Starbreeze disputes the action. The game was subsequently pulled from Steam and it has yet to return. Starbreeze has been selling off parts of the business since late last year as it refocuses on its core business, and has sold back the publishing rights to various games it had picked up, including Mohawk Games' 10 Crowns and OtherSide's System Shock 3. The next 12 months will be crucial for Starbreeze. In a recent financial note it admitted it "currently lacks sufficient secured funds to continue operating" for the coming year, and "a liquidity shortfall is expected before mid-year 2019 if no additional funds are provided". "We are in a challenging situation," acting CEO Mikael Nermark said. "I stand united with the entire Starbreeze team in the efforts to get the business in order. We have a very strong asset in Payday, which is the foundation upon which we will build Starbreeze future." For more, check out our in-depth investigation into Starbreeze's downfall. 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. 61 Modder dives into Demon's Souls files following PS5 jailbreak, discovers fabled Ring of the Chieftain Who knows what's nexus? 4 Google announces cloud gaming Chromebooks less than a fortnight after Stadia shutdown GeForce Now preinstalled. 11 Latest Articles Digital Foundry Sennheiser's legendary HD 599 open-back headphones are just £70 at Amazon in the Prime Early Access Sale Comfortable with neutral sound and a wide sound stage. Preview Football Manager's new Console edition is the best you'll get without a PC Getting Touch-right. 1 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. 61 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