Shortly after launching the battle royal known as Radical Heights, studio co-founder Cliff Bleszinski has announced that Boss Key Productions has closed it doors. Formed 4 years ago to build a “billion dollar IP”, LawBreakers failed miserably both before and…
Nexon – First quarter financial results for 2018 reveals upcoming new games
It is the season for companies to reveal their quarterly finances, and Nexon is included as well. Stock-listed in Japan, the total revenue for Nexon’s first quarter of 2018 (Jan to Mar) stands at 90.514 billion JPY (around USD 827…
Pearl Abyss – Quick look at first financial report from Black Desert developer
Pearl Abyss, the Korean developer of the popular Black Desert Online, officially got listed on the stock market last year. Today, its first financial report was released for the first quarter of 2018 (Jan to Mar). In a nutshell, Peal…
World of Warcraft – Player sentenced to a year of federal jail over DDOS attack
BBC News recently reported about a player of World of Warcraft being sentenced to a year of federal jail for launching a DDOS attack on the game’s server 8 years ago. Calin Mateias, who has since been found guilty, had been…
Overwatch – Jail sentences and heavy fines await hackers in South Korea
According Overwatch’s South Korean forum, a total of 13 hackers in the popular team shooter were captured by the South Korean police after a complain from Blizzard. Handled by Seoul Metropolitan Police Agency’s cyber-safety department, a year-long investigation have actually been…
Icarus Mobile – Developer requests cancellation of contract with Netmarble
Netmarble, developer and publisher of games such as Lineage II: Revolution, Seven Knights and the recently launched Harry Potter: Hogwarts Mystery, recently announced its financial report for the 1st quarter of 2018 (January to March). During the Q&A session, Netmarble…
Red Duck – Developer of A.V.A ordered to restructure due to financial crisis
According to multiple reports from South Korea, developer Red Duck has run into financial issues and has granted by the local court time to restructure its company and come up with a recovery proposal. If you did not know, Red…
Nexon – Gaming giant acquires 100% stake in Korean developer
According to media outlets from South Korea, Nexon has acquired a 100% stake in domestic developer Ngine Studios. No financial numbers have been revealed for this deal. Established in 2011 with funding from Softbank Ventures and Neoplux, Ngine Studios currently…
Nexon Korea – Gaming giant restructures internal teams into 7 studios
Nexon Korea recently announced it has re-organized its internal development teams, and have officially granted the 7 internal studios independence from the head office to promote the development of more creative products. Each of them are also encouraged to grow…
NetEase – Chinese developer preparing to sue copycats of their battle royale games
In a twist to the storyline, after PUBG Corp officially sued Chinese developer NetEase for cloning PlayerUnknown’s Battlegrounds, NetEase today instead issued a statement claiming that it will begin to sue any studios which copied “creative features” found in Rules…
PUBG Corp – Lawsuit filed against NetEase over PUBG clones
[Source] PUBG Corp, the new entity setup last year by developer Bluehole to oversee everything related to PlayerUnknown’s Battlegrounds (PUBG), recently filed a lawsuit in a Northern California court against Chinese gaming giant NetEase over the PUBG clones, Knives Out…
Nexon – Gaming giant fined for using gacha function to cheat consumers
A few months back, Nexon got into trouble with the Fair Trade Commission, a local Korean government office, as the gaming giant did not reveal the gacha draw percentage in 2 of their games, Sudden Attack and Counter-Strike Online 2.…
Pearl Abyss – Counter-Strike creator joins Black Desert studio to work on new online shooter
Minh Le, known to many as Gooseman, is off to pursue new adventures. The legendary game creator that helped bring one of the most popular first-person shooters of all time to the world, Counter-Strike, has joined the ranks of South…
Bluehole – PUBG developer announces record profits for 2017
According to recent reports from South Korea, developer Bluehole achieved a total revenue of around USD 630.7 million for the year of 2017, with an astounding profit of nearly USD 240 million. As you would have guessed, majority of the…