Master of The Free World Productions | Jumpcut Entertainment Network

Dropped by Deep Silver, Dead Island 2 studio files for insolvency

Yager Productions GmbH, the subdivision of Yager Development established purely to develop Dead Island 2, is filing for insolvency less than a month after Yager parted ways with publisher Deep Silver. …


Gamasutra News

Report: Yager Files For Insolvency After Losing Dead Island 2, Larger Studio Unaffected

Yager has filed for insolvency (a form of bankruptcy) for the sub-division of the company that was tasked with developing Dead Island 2. While this might mean the end of that team, the larger company will continue its operations.

Earlier this year, Deep Silver announced that its relationship with Yager had ended. According to Yager, it had a different artistic vision from the game than the publisher. Deep Silver hasn’t yet named a new developer on the project.

In a statement received by Games Industry, Yager CEO Timo Ullmann directly cites the loss of Dead Island 2 as the reason for the financial trouble. "The insolvency filing is a direct result from the early termination of the project and helps protecting our staff,” Ullmann says. “In the course of the proceedings, we gain time to sort out the best options for reorganizing this entity."

Yager is also currently working with publisher Grey Box on a multiplayer title, Dreadnought. That title features large spacecraft in five-on-five battles. It’s anticipated as a free-to-play game and should be available in a public test phase this year.

We’ve reached out to Yager for more information. We’ll update should we receive a response.

[Source: Games Industry]

 

Our Take
Given that this sub-division of the company was created for the express purpose of working on Dead Island 2, it isn’t terribly surprising that the parting with Deep Silver caused financial hardship. What is a bit concerning is that the larger corporation couldn’t reorganize without insolvency. I’ve enjoyed Yager’s work on Spec Ops: The Line and I have previewed Dreadnought a couple of times. I hope the company can recover from this.

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