Developer of Crimson Desert sells his huge sci-fi MMO, incurs millions in losses

The developers of Crimson Desert, Pearl Abyss, have sold their sci-fi MMO Eve Online after 8 years. However, they are incurring millions in losses.

What is the status of EVE Online? On April 30, 2026, the developer Pearl Abyss announced that the MMORPG EVE Online has been sold.

In 2018, they purchased the studio CCP Games, which has been working on EVE Online since 2003, for 425 million dollars (approximately 362 million euros). Of that, 225 million was a direct payment and 200 million a deferred, performance-based payment (via variety.com).

Now, EVE Online has been sold back to the management of CCP Games for 120 million dollars (approximately 102 million euros). This decision was made after a careful examination of the mid- to long-term growth strategy of both companies (via invenglobal.com).

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EVE Online caused losses for Pearl Abyss

Why was EVE Online sold? According to invenglobal.com, the acquisition of CCP Games burdened the financial structure of Pearl Abyss. The reason given is the ongoing operational losses of CCP Games.

Experts and analysts reportedly viewed the sale as a very positive signal. Pearl Abyss parted ways with a loss-making subsidiary that had negatively impacted the business numbers for years.

Did Pearl Abyss gain value from CCP Games during the time? Pearl Abyss stated that they still received clear value during the ownership period. Especially from CCP Games’ long-standing experience, the operation of a global flagship brand for over two decades, and in maintaining a passionate community.

Additionally, the two studios aim to maintain a friendly relationship, and Pearl Abyss stated that both companies remain open to potential collaborations.

Recently, Pearl Abyss created the latest RPG hit with Crimson Desert. The game has now sold over 5 million copies. Crimson Desert is so successful that even the Prime Minister of South Korea has voiced his opinion: Crimson Desert is so successful that even the Prime Minister of South Korea has weighed in

This is an AI-powered translation. Some inaccuracies might exist.
Source(s):
  1. invenglobal.com