Tag: Industry News

Netmarble – Seoul High Court dismisses appeal against misleading loot box...

Back in March, several major Korean game companies were fined by the local Fair Trade Commission for dishonest crimes revolving around loot boxes and...

Daybreak Games – H1Z1 developer fires around 70 employees as Christmas...

Following reports that Daybreak Game is working on a battle royale game based on its PlanetSide IP, it was revealed by former CEO John...

Krafton – TERA developer confirms new parent company in shareholders meeting

South Korean developer Bluehole held an extraordinary general meeting (EGM) earlier today and revealed its plans to rename the company to Krafton. The name...

Steam – Digital distribution platform officially signed for China

At an esports event held at the Mercedes-Benz Arena in Pudong, Shanghai, Perfect World and Valve officially signed a contract in the presence of...

Korea Game Awards 2018 – Black Desert Mobile nabs top prize...

G-Star 2018 begins tomorrow in Busan, South Korea, and every year on the night before the exhibition starts, the Korean Game Awards ceremony is...

Funcom – Developer posts stellar quarterly financial report and reveals new...

Since founded in 1993, Norwegian developer Funcom has seen several ups and downs (layoffs and financial struggles), especially in recent years. However, in the...

Wemade Entertainment – Korean developer posts massive loss for Q3 2018

It is the time of the year when publicly listed companies around the world post their financial numbers for the 3rd quarter of 2018,...

Nexon – Major investment in new European developer announced

After revealing its 14 games for G-Star 2018, Nexon announced its financial results for the 3rd quarter of 2018 earlier today. The game giant...

Korea Game Awards 2018 – Mobile games dominate nominees lists for...

Every year before G-Star begins, there is an awards night which highlights and honors the best of the Korean gaming industry known as Korea...

Vespa – King’s Raid developer prepares for stock listing in South...

According to the Korean media, mid-size games developer Vespa, the creator of mobile RPG King's Raid, has submitted a securities report to the Financial Services...