Sponsored By

Starbreeze applies for extended reconstruction period as it looks to regroup

The Stockholm District Court initially approved the company's reconstruction up until March 3, 2019, but Starbreeze is now asking for another three months to get its house in order.

Chris Kerr, News Editor

February 21, 2019

1 Min Read
Game Developer logo in a gray background | Game Developer

Payday 2 maker Starbreeze has applied for an extended reconstruction period as it looks to find stability after filing for administration. 

The Stockholm District Court initially approved the company's reconstruction up until March 3, 2019, but Starbreeze is now asking for another three months to get its house in order. 

It's been a rough couple of months for Starbreeze, with chief exec Bo Andersson leaving the company back in December after the underwhelming launch of Overkill's The Walking Dead left it in dire financial straits. 

The developer-publisher was then raided by Swedish authorities on suspicion of insider trading, resulting in the arrest of one unnamed person. 

Moving forward, Starbreeze has pledged to carry out the restructuring plan it laid out back in December, and says it will continue to focus on its core business of internal development and publishing. 

It's also hoping to work with external parties to ensure that non-core operations can be developed in a "positive way."

Read more about:

2019

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

Daily news, dev blogs, and stories from Game Developer straight to your inbox

You May Also Like