Previously, we talked about the financial distress South Korean developer Red Duck was in due to mismanaged projects. The studio’s most prized asset was Alliance of Valiant Arms, otherwise known as A.V.A, an online shooter which is popular in many…
South Korea
Game news from South Korea
Gran Saga – New MMORPG from Seven Knights veterans will support cross-platform play
First announced last month, NPIXEL is a new South Korean studio founded by veterans who created Netmarble’s popular Seven Knights mobile RPG. Its debut title, Gran Saga, is scheduled to launch in 2020. Today, NPIXEL revealed that their ambitious Unreal…
Netmarble – Gaming giant invests US$1.3 billion in water purifier rental firm
South Korea mobile gaming giant Netmarble was chosen earlier today as the preferred bidder for a 25% stake in water purifier rental firm Woongjin Coway valued at US$1.3 billion. It is the latest move by Netmarble, which holds more than…
Korean Gaming – Politician unhappy with China companies operating from abroad
If you did not already know, the South Korean government is very protective of its gaming industry for both imports and exports. So much so, a games exhibition was held last week to get politicians to try out games and…
Pearl Abyss – Construction on massive new headquarters to begin this December
First announced back in January earlier this year, Black Desert Online developer Pearl Abyss subsequently got the necessary permits in June. Yesterday, it was revealed that work on the massive 20-level building will begin this December, with an estimated completion…
K-GAMES – Korean politicians gather at National Assembly to play video games
Starting today, a 3-day game exhibition will be held at South Korea’s National Assembly building to showcase and introduce more politicians to the world of gaming. Organized by Korea Association of Game Industry (K-GAMES) and Korea Game Forum, the key…
Smilegate – Employee union held demonstration to call for better work protection
Last week, following the demonstration by Nexon employee union Starting Point, a group of employees from fellow Korean developer Smilegate staged a demonstration as well calling for more “stable work practices.” In case you have forgotten, Smilegate is the developer…
MU Online – 10th playable class announced for Season 15 update in Korea
MU Online is proving itself as one of the evergreen MMORPG titles from South Korea along with Lineage 1, and recently developer Webzen announced the 10th class for the game. The Slayer class has an interesting story, with her being…
Nexon – Gaming giant makes strategic investment in Wonder Holdings
Despite the recent internal turmoil over at Nexon, business still goes on with no solution announced by the gaming giant on the treatment of its employees. Nexon today announced it has made a “strategic investment” in a little-known company called…
Pearl Abyss – Black Desert studio is biggest exhibitor at G-Star 2019
Earlier today, the organizer of G-Star 2018 held a press conference to announce details for the annual exhibition beginning this November. An important question on everyone’s mind was how the empty booths were going to be allocated after Nexon opted…
Nexon – 2 key executives step down from Korean gaming giant
Following the recent restructuring turmoil at Nexon and the cancellation of Peria Chronicles, the latest news emerged from the South Korean media is that 2 high-level executives at the gaming giant will be stepping down. They are Jiwon Park, Director…
Peria Chronicles – Nexon confirms cancellation of ambitious MMORPG
First announced in 2012 as Project NT, it was confirmed today that Nexon has stopped the development of Peria Chronicles. A project under subsidiary studio Thingsoft, Peria Chronicles most recently had a debut test phase in May for a small…
Nexon – Employee union receives permit to hold demonstration in front of headquarters
Nexon’s employee union, Starting Point, today announced it has obtained permission from the local police to hold a demonstration in front of Nexon’s Korean headquarters on 3 September. This is apparently the first demonstration or rally in the local gaming…
Nexon – Over 80 employees “dropped” from canceled Unreal Engine 4 game
It seems that the “crisis” at Nexon is continuing over in the Korean offices. 2 weeks after closing down 2 western subsidiaries, Nexon M and Division Partners Office, and after announcing it will not be taking part in G-Star 2019…