Nexon Reports Record Q1 2019 Revenues

While we still don't know who's going to end up buying Nexon, the company reported their Q1 2019 earnings report today and numbers were impressive across the board; the company reported revenues of $848M for the quarter, up 3$ year over year with net income (profit) coming in at $487M. Revenues came in strong thanks to the continued strong performance [...]

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Gameloft And Microsoft Team Up To Bring X-Box Live To Mobile Games

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Two technological giants are coming together to bring a whole new level of connectivity to mobile games. French mobile game developer and publisher Gameloft and Microsoft have just announced that Xbox Live will be coming to a number of Gameloft's popular mobile games including Dragon Mania Legends, Asphalt 9: Legends, and Asphalt 8: Airborne. The announcement was made by Microsoft [...]

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Jagex Reports Record Breaking Year with $122M in Revenue

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Jagex, the UK based developer behind RuneScape, reported a record breaking year with $122M in revenue in 2018, up 9.3% from 2017. Perhaps more impressively though, profits before tax were $61M, which puts the company's profit margin at 50%. RuneScape also reports having its highest number of paid memberships ever. No word on the previously reported sale of Jagex. To [...]

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Activision Blizzard Reports Q1 2019 Earnings - King Out Earns Activision and Blizzard Combined

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Activision Blizzard reported their Q1 2019 earnings today and total revenue for the quarter came in at $1.8B with full year 2019 revenues expected to come in at $6B. Activsion Blizzard has been shaking things up lately after previous earnings have disappointed investors. The company outlined 4 areas of focus going forward: Company-wide monthly active users were 345M for the [...]

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South Korean Newspaper Reports Disney Was Pitched For Nexon Acquisition

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According to the South Korean newspaper The Korea Herald, NXC's (Nexon's parent company) chairman, Kim Jung-ju, personally approached high level Disney executives about purchasing his company. NXC owns 47.02% of Nexon, but maintains business control of the company. NXC is basically a holding company that owns a large stake in Nexon and ownership of a few other smaller entities, such [...]

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Ubisoft Donates Over $500K To Help With Notre-Dame Restoration And Reconstruction

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In the aftermath of the catastrophic fire that devastated the towering Notre-Dame Cathedral on Monday evening, various organizations have generously pledged financial aid to restore the iconic Parisian monument. Among them is Paris-based video game company Ubisoft. The company revealed in a statement on their official site that they will be donating €500,000 to help with the reconstruction and restoration [...]

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Bless Online Developer Neowiz Bless Studio Merging With Parent Company Neowiz

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Neowiz Bless Studio, an independent subsidiary of South Korean online game company Neowiz and the developers behind the controversial PC MMORPG Bless Online, will be merging with its parent company on June 19th to “enhance management efficiency” and “enhance corporate value”. MMOCulture broke the news today, adding that there should be minimal effect on the company’s shares since Neowiz Bless [...]

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PUBG Designer Brendan Greene Says Goodbye To Battle Royale To Explore Other Game Ideas

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Battle Royale games have been dominating the market for well over a year now with PlayerUnkown’s Battlegrounds propelling the genre to new heights when it first came out in 2017. Since then developers and publishers have been trying to emulate PUBG’s success. Epic Games developed a last man standing mode for Fortnite, Activision came up with Blackout for Call of [...]

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SpatialOS VP Says Platform Can Support 20K Concurrent Players In A Seamless World

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SpatialOS launched in 2012 with the mission to “Create Previously Impossible Games”. Improbable’s innovative cloud-based computing platform has given developers the ability to create large, persistent, real-time virtual worlds which can support thousands of players at the same time. The platform is already widely in use by MMOs such as Worlds Adrift, Chronicles of Elyria, and Seed. In an interview [...]

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