Due to Crytek UK being shut down, staff will be moved to Deep Silver Studios to work on Homefront: The Revolution. Crytek UK was allegedly not paying staff, so in return, they were leaving the studio. Until the release of the new title in the Homefront series, The Revolution, Crytek UK wasn't paying staff for working on the game. That all changed when the Homefront series was sold to Deep Silver. Almost all of the staff from Crytek UK was layed off, with only a few being sent to Deep Silver.
Specifically for the game, Deep Silver is making a new office in Nottingham, England, the same place were Crytek UK's studio was stationed. Originally, the Homefront series was supposed to be sold in auction when the publisher, THQ, went bankrupt.
The CEO of Koch Media, Deep Silver's partner/publisher, Lemens Kundratitz stated:
We strongly believe in the potential of Homefront: The Revolution and trust in the new team to continue the path they have been walking in the last years.
Crytek's planned release date was placed sometime in Early-Mid 2015. With the change that happened, Deep Silver hasn't said if that was still the same release date.
Crytek had been known to be working on a sequel to Homefront for some time, with The Revolution being unveiled as an open-world FPS for Xbox One, PlayStation 4, and PC in June, at E3.
The official stage demo below.