Stockholm District Court yet to approve plan outlined by the struggling games studio.
Starbreeze has had to sell much of its assets in order to keep its doors open while repeatedly requesting extensions from the Swedish government to complete its financial reconstruction.
Starbreeze’s CEO, Mikael Nermark, announced on Payday 2’s Steam community page that it has to break its promise of ‘forever free’ content and introduce paid DLC in order to support the publisher’s long term financial health.
The company expects a cash flow increase as a result of new game releases, in addition to the restructuring efforts.
The company’s deadline was set for today. Time is running out for the Swedish company to get its business back on track after a brutal year.
Sales of publishing rights help keep Starbreeze’s head above water, but losses are mounting.
Known for its tabletop-to-digital conversion of Terraforming Mars, Onitama, and the upcoming Mansions of Madness: Mother’s embrace, Lucky Hammers has been forced to close its doors and lay off nearly 70 staff members.
The layoffs are just the latest in a series of serious financial setbacks for the Swedish developer, which has been selling its publishing rights and making cuts in an attempt to stay afloat.
The publisher is leaning into its reliance on the six-year-old Payday franchise while selling off almost everything else to its name.
This marks the third publishing deal that Starbreeze has had to sell back to the developer in the pursuit of financial solvency.
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