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 Game Awards. 2018 will be very different, as there will not be any PC MMORPG at…
Vespa – King’s Raid developer prepares for stock listing in South Korea
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 Commission in view of being publicly listed on KOSDAQ, the trading board of Korea Exchange (KRX).…
Trion Worlds – Layoffs begin at ArcheAge publisher after being sold
According to multiple reports, Trion Worlds is rumored to be now under the new ownership of European games publisher Gamigo. While the sale is confirmed, there has yet to be any official press release identifying Gamigo as the new owner…
Clover Games – Korean mobile games startup nabs multi-million investment
South Korean mobile games startup Clover Games recently received a massive 10 billion Korean Won (around 9 million USD) investment from DSC Investment and Hastings Funds Management in its Series A round. Officially founded in January earlier this year, Clover…
Epic Games – Fortnite developer announced as G-Star 2018 main sponsor
It seems that the market share of South Korea’s battle royale gamers might further tilt to the side of Fortnite, as developer Epic Games Korea was recently announced as the main sponsor for G-Star 2018, one of the biggest annual…
League of Legends – Chinese team RNG finds new sponsor in KFC
Royal Never Give Up, or more commonly known as RNG, recently revealed that is has roped in Kentucky Fried Chicken (KFC) as one of the team’s main sponsor. One of the top competitive League of Legends team in China and…
Pearl Abyss – South Korean developer acquires EVE Online studio CCP Games
Today, Black Desert Online developer Pearl Abyss announced that it will acquire CCP Games, the creators of popular spaceship MMORPG, EVE Online. The deal outlines that CCP Games will continue to operate independently as a developer with studios in Reykjavik,…
Pearl Abyss – Black Desert developer rolls out new employee benefits program
Starting this month of September 2018, Black Desert developer Pearl Abyss has started a new employee benefits system throughout the company, which includes 4 main points as listed below. It was mentioned that all full-time employees of Pearl Abyss will…
Crimson Desert – Black Desert studio files trademark for new game
Pearl Abyss, the developer of Black Desert Online, recently filed for the trademark of a new product in South Korea, titled “Crimson Desert” and its Korean equivalent, “붉은사막”. As seen on the applications, the application categories 09, 41, and 42 confirmed…
Lionheart Studio – Veteran Korean developer opens new studio with investments from 2 major game companies
You might not have heard of veteran Korean game developer Kim Jae Young, but he has quite a reputation in the Korean gaming industry for being the main force behind the now-defunct mobile action RPG, Blade. The high-end Unreal Engine…
XLGAMES – Kakao Games and WeMade invests million in ArcheAge developer
The mobile MMORPG based on Korean novel, The Legendary Moonlight Sculptor, was first revealed back in 2016 by XLGAMES. LINE was initially announced as the publisher, but it looks like the company chickened out as Kakao Games was confirmed as…
NCsoft – Updates on Project TL and new games discussed in latest financial call
As another quarter ends, it is time for the various listed companies to report their financials, including those in the gaming industry. NCsoft is the latest to do so for the 2nd quarter of 2018, and once again the PC…
Pearl Abyss – Black Desert developer prepares to open offices in USA and Japan
While Black Desert Online is currently serviced by Kakao Games in North America and Europe, it seems that developer Pearl Abyss has huge ambitions to go solo in the future, as it did with the Asia region such as Taiwan…
Nexon – Epic wuxia MMORPG Moonlight Blade teased for Western release
One of the biggest online games in Chinese history, both in terms of HDD space and content, Moonlight Blade seems like a heavy investment for any western publisher to bring over to the western market. However, in Nexon’s latest financial…