In April last year, we first introduced everyone to a new and promising Korean studio, Carbon Eyed, which was formed by a former CEO of Eyedentity Games in 2014. Today, it was announced that Nexon has made a strategic investment in…
Netmarble Games – More valuable than Nexon and NCsoft after IPO
Netmarble Games launched its IPO in its native South Korea last Friday, and with a market cap of USD 12.2 billion, the mobile games publisher and developer is now more valuable than NCsoft (USD 6.8 billion) and even LG Electronics (USD…
Lineage Eternal – NCsoft replaces the leadership of development team
During the conference call to announce its latest financial results, the Chief Financial Officer of NCsoft revealed that the company has changed the leadership of the Lineage Eternal development team. This decision came after the Closed Beta of Lineage Eternal…
Contra – Concept poster and teaser trailer revealed for live-action movie
According to the latest media reports from China, a live-action movie based on Konami’s classic IP, Contra, is currently in the works and scheduled to screen in 2019. The production companies released a teaser poster and video recently, though emphasizing…
Nexon – Global publishing rights signed for unannounced PC MMO
Nexon America recently announced it has signed a global publishing and marketing contract with First Strike Games for its unannounced multiplayer online game. Formed in 2016 by veterans who worked on Halo, Just Cause and Need For Speed, First Strike…
Monster Strike – English version of top Japan mobile game is closing
[Official announcement] With marketing efforts suspended back in August 2016 after its massive advertisement campaigns returned poor results, Japanese developer Mixi announced it is shutting down the English version of Monster Strike on 1 August. Despite earning hundreds of millions in its…
Echo of Soul – Fantasy MMORPG returns to China for another shot
Echo of Soul, now owned by a manhwa (Korean manga) corporation known as Mr Blue, has been signed to the China market by a little-known publisher known as Hoga. The fantasy MMORPG was first in China under ChangYou, but things did…
Tencent UP 2017 – 14 mobile games prepared for China gamers this year
At the annual Tencent UP event held a couple of days ago, Tencent Games announced a total of 14 mobile games it is preparing with various partners to launch in its native China this year. Some of them are based…
Netmarble – Game developer aims to raise USD 2.4 billion in IPO offering
South Korea’s biggest mobile games developer and the world’s ninth-largest game publisher in terms of in-app revenue, Netmarble Games, today announced plans to raise as much as 2.66 trillion won (USD 2.4 billion) in an initial public offering (IPO). It…
League of Legends – Jay Chou opens luxury internet gaming cafe in China
Asian superstar Jay Chou has opened a luxury internet gaming cafe in Shenzhen, China. The popular singer is known for his passion for League of Legends and is the owner of LMS squad J Team. The internet cafe is 1,7000…
Webzen – Japan subsidiary formed to operate new PC and mobile games
Earlier this week, Webzen announced it has formed a new subsidiary, Webzen Japan, to oversee the Japanese market. Starting from May, when contracts with Japanese partners for games such as MU Online and Soul of the Ultimate Nation end, Webzen…
NAT Games – HIT studio reveals new corporate identity and growth plan
With plenty of investments, including from Nexon, Korean developer NAT Games today revealed a new corporate identity to the public. Gaining global fame for its popular mobile game, Heroes of Incredible Tales (HIT), the triangles’ 3 points refer to the…
XLGAMES – ArcheAge developer receives investment from gaming giant
I would call WeMade Entertainment a slumbering giant, as it is still far behind Nexon and Netmarble. But still, the Korean publisher and developer is one of the top gaming companies in the country. After recently selling USD 178 million…
Eyedentity Entertainment – Dragon Nest studio changes corporate name
Ever since Dragon Nest developer Eyedentity Games was bought over by China-based Shanda Game, it seemed to me that the Dragon Nest IP has fallen from the top of the world due to questionable business decisions. Changing to Eyedentity Mobile…