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CrossFire 2 – China publisher paying USD 500 million to sign game sequel

CrossFire is China’s biggest Free-to-Play video game in history, helping publisher Tencent Games to record earnings every year. CrossFire also helped turned South Korea developer Smilegate into a major studio, right from the brink of closure (if the game failed…

Firefall – China server signed for 5 years in a deal worth USD 160 mil

While it was understood that the China server’s rights were sold by The9 to Qihoo 360 weeks ago, the main details were announced just hours earlier. The contract term is 5 years, with the payables worth at least US$160 million,…