Black Desert Online And Mobile Were Pearl Abyss’ Biggest Money Makers For Q1 2024

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While other video game companies are still struggling to recover from the post-pandemic crash that hit the industry, Pearl Abyss continues to show consistent performance over the past year as revealed in its Q1 2024 financial report. The South Korean publisher wrapped up the first quarter of the year with roughly $62 million in revenue (85.4 billion KRW), a half [...]

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Shadow Arena Is Shutting Down On August 10, 2022

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On July 8, 2022 Pearl Abyss announced that their fantasy themed Battle Royale title Shadow Arena was shutting down. The Black Desert Online spinoff was first revealed at G-Star in November 2019 and was released into Early Access in May 2020. Now, about two years since launch the game is scheduled to shut down. Game download and in-game currency purchases [...]

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Pearl Abyss Reports A Massive Drop In Revenue, Crimson Desert Still Delayed Indefinitely

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It’s been a tough few months for Pearl Abyss as the South Korean publisher saw a significant drop in revenue for their first fiscal quarter of 2022. The company’s Q1 2022 financial report shows a 22.5% dip in revenue quarter-over-quarter at just KRW 914 million compared to Q4 2021’s KRW 1.18 trillion. Revenues also took a 9.4% hit year-over-year. Over [...]

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Pearl Abyss Q4 2021 Revenues Are Up, Reveals Plans To Create A ‘Stable Blockchain Ecosystem’

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2021 was a good year for Pearl Abyss despite shrinking revenues from its core IPs as the company reveals in their Q4 2021 financial report. Operating revenues for the last fiscal quarter of 2021 amounted to ₩118 billion KRW, or roughly $98.6 million USD, which translates to a 22.4% increase quarter-over-quarter and 11.7% increase year-over-year. Pearly Abyss’ main IPs, Black [...]

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Pearl Abyss Continues Western Expansion With Two New Studios In Europe And The US

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South Korean developer and publisher, Pearl Abyss, has opened two new studios in North America and in Europe as part of their continued efforts to expand into the west. The new North American studio is located in Los Angeles, while the European studio is located in Amsterdam. According to GamesIndustry.biz, the new studios will be providing support for North American [...]

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