During its recent financial call, NCsoft confirmed the development of its Unreal Engine 4 PC online shooter, Project AMP, has ceased. Although no time was given on when the closure happen, NCsoft was first spotted hiring new employees for the…
Netmarble – Overtime and weekend work banned starting this week
Despite a glowing recent financial report where its operating profit increased by 81% year-on-year, Korean developer Netmarble had another major issue on its hands. You see, two Netmarble employees unexpectedly died last year, and many blamed the heavy workload. This…
NCsoft – Latest details for Lineage Eternal and new titles emerge
Every quarter, publicly traded companies such as Nexon and NCsoft have a financial call to update investors and shareholders of the latest numbers and progress. NCsoft reported its financials for the 4th quarter of 2016 earlier today, and also talked…
SEGA – South Korea expansion halted amidst mass retrenchment
Back in 2015, Japanese game company SEGA signaled its intention to expand its offerings in South Korea by signing a publishing deal for Soulworker. However, SEGA Korea quietly gave up on the deal, and Korean developer and publisher Smilegate took over the domestic…
Bluehole Studio – Korean developer receives new multi-million investment
Earlier today, it was announced Bluehole Studio (developer of TERA) has received a new investment from Neptune Company, a lesser-known South Korean mobile games developer, spent 5 billion Korean Won (around USD 4.3 million) to purchase a 2.4% stake in…
Farm Heroes Saga – King loses IP infringement lawsuit in South Korea
Back in 2015, King (developer of Candy Crush) brought Korean studio Avocado Entertainment to court of IP infringement of its game, Farm Heroes Saga. The “copycat” game, Forest Mania, was accused by King of plagiarizing Farm Heroes Saga’s user interface (UI),…
Hundred Soul – Gorgeous action mobile RPG finds publisher
First revealed this past November and formerly known as Project 100, Korean startup studio Hound 13 announced today it has signed a publishing contract with LINE to publish Hundred Soul in 13 countries. LINE apparently invested in the studio as…
Jurassic World Survivor – New game under Perfect World leaked
With Jurassic World being a hugely successful movie and a sequel arriving in 2018, it was revealed recently a game titled “Jurassic World Survivor” is being developed. The game website has also been registered by Perfect World Entertainment, which was found…
Tencent Games – China giant opens Thailand office for SEA expansion
Soon after Nexon announced its office in Thailand to fuel its Southeast Asia expansion, an even more bombastic news dropped today. Tencent Games, owner of Riot Games (League of Legends) and Clash of Clans (Supercell), announced it has purchased Sanook Online,…
League of Legends – New stream deal is worth at least USD 300 million
Riot Games announced it has signed a long-term partnership with BAMTech, a subsidiary of MLB Advanced Media, for the monetization and commercialization of League of Legends esports, according to Yahoo. The deal will run to the 2023 season, and is…
ArcheAge – Unknown China studio obtains IP rights for mobile MMORPG
It seems common these days Korean developers are renting out their popular game IPs to Chinese studios for a fee and subsequent royalties. ArcheAge is the latest to join the fold with XLGAMES signing a contract with ZLONGAME, allowing the…
Perfect World – Partnership with Evolve studio on new IP revealed
Perfect World Entertainment and Turtle Rock Studios recently announced their partnership and the development of a new triple-A game IP for PC and console. The top secret free to play first-person shooter features intense online co-operative action, bringing Turtle Rock back to…
Bless – Mobile game based on Unreal Engine 3 MMORPG confirmed
Longtu Korea, a subsidiary of Longtu China, today announced it has signed a contract with Neowiz Games to develop a mobile game based on the Bless IP. It is currently unknown what kind of game and genre the mobile version…
Heroes of Incredible Tales – Mobile RPG gets top prize in game awards
On the night before G-Star begins, there will be an awards ceremony to recognize the top games released in that year. Heroes of Incredible Tales (HIT), developed by Nat Games using Unreal Engine 4 and published globally by Nexon, took…