Spellborn Works was a subsidiary of Spellborn N.V. and responsible for maintaining The Chronicles of Spellborn after release in December last year in Europe. Co-developer Khaeon, isn't involved with the title for some time already and is not influenced by the bacruptcy of Spellborn Works. By closing its doors about 35 employees will lose their jobs.
After the game was released in December last year Spellborn Works made some patches for the game and maintained the servers. However from the start the game suffered from a low amount of paying players, resulting in merging some of the servers and apparently also to the demise of the Dutch Studio. Spellborn Works however did not confirm the bancruptcy yet.
Rumor has it that Frogster Asia will turn the game into a Free to Play title.
Later today Frogster released the following information:
Free-to-Play-Version of The Chronicles of Spellborn scheduled for release in 2010
Berlin, 30.06.2009: The Chronicles of Spellborn is going go be re-designed into a free-to-play version in conduct of its publisher Frogster. The reorientation of the revenue model will be accompanied by fundamental enhancements of the game-play concept and game mechanics of the innovative fantasy online role-playing game. The further development will be carried out through a joint venture between the developer Spellborn NV and Frogster Asia Co., Ltd in Korea, the Korean subsidiary of Frogster bringing in its expertise in the field of free-to-play and microtransactions.
After the re-development, the current subscription model will be switched to a free-to-play system supported by micro-transactions. This will open the vast game world of The Chronicles of Spellborn with its rich lore and game-play in its entirety without level cap to all interested players. Until then, the European and US American live version of the online world will be operated in its current form via the subscription service. At the point where the new version is released, any unused subscriptions will be credited to the accounts of the respective subscribers.