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Illuvium's MMO Bet Pays Off with Extra Year of Runway
Illuvium's MMO-focused strategy is paying off, with CEO Kieran Warwick announcing that six months of cost cuts have bought the studio another year of operating runway.
Warwick revealed on August 21 that team members are now almost entirely focused on the massively multiplayer online game (MMO), which has become Illuvium's main remaining bet.
The studio had previously disclosed a monthly burn rate of around $900,000 in December 2024, after administrators stopped taking salaries and wages were cut by another $85,000.