Last Friday, Korean game developer PUBG Corp, a subsidiary of Bluehole, filed a copyright violation lawsuit against Epic Games, asking a court to determine whether the latter’s Fortnite was copied from the former’s PlayerUnknown’s Battlegrounds. A PUBG official said Friday…
Nexon – Korean gaming giant takes over developer of HIT and Overhit
If you ask me, this business deal was bound to happen once HIT became quite a success both internationally and in native South Korea. Nexon announced today that it has acquired an additional 30% stake in developer Nat Games, bringing…
Wargaming – Seattle office shuts down without releasing its secret MMO project
Back in 2013, Wargaming bought over the cash-strapped studio known as Gas Powered Games. Founded by Chris Taylor, the studio is most well-knowned for the Dungeon Siege series and Supreme Commander games. Renamed to Wargaming Seattle after the purchase, the team…
Path of Exile – Tencent becomes majority owner of New Zealand developer
[Source] This shouldn’t come as a surprise, as Tencent is really high on Path of Exile succeeding in China as its publisher. Earlier today, Grinding Gear Games announced that Tencent has obtained a majority stake in the New Zealand developer,…
Boss Key Productions – Studio behind LawBreakers shuts down
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…
PlayerUnknown’s Battlegrounds – Suspects captured for operating bot program in China
Tencent, the publisher of PlayerUnknown’s Battlegrounds in China, recently announced it has worked with local authorities to capture 15 suspects behind 2 bot program syndicates. These syndicates are accused of of both developing and selling bot programs for the popular…
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…