Video Games Are Crytek on the Verge of Bankruptcy?

James Gough submitted a new blog post:

Are Crytek on the Verge of Bankruptcy?

Continued reports across various media outlets in the video game industry suggest that developer Crytek, best known for their Crysis games, are in serious financial troubles. This follows recent reports of continued layoffs across multiple studios within the industry, painting a grim picture for the industry as a whole. So are Crytek on the verge of bankruptcy? We'll have a look at the evidence so far, but initial reports and signs aren't looking good.

On Saturday, German magazine GameStar...
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