SEOUL, Aug. 29 (Korea Bizwire) – Facebook has regulated access of Korean users to its game service, causing inconvenience to them. That is because the South Korean government has put a brake on its betting games Korean Facebook users have played. According to the Digital Times on August 27, the social networking company has blocked access of [...]
SEOUL, Aug. 23 (Korea Bizwire) – Gamevil, a leading game publisher in Korea, is spurring to be a global one, as its mobile games are selected in the top ranking games in the game charts across the world. According to the game firm, its fishing game “Fishing Superstars” is gaining popularity in Southeast Asia and [...]
SEOUL, Aug. 22 (Korea Bizwire) — CJ Hellovision, CJ group‘s entertainment and media unit, will launch a mobile advertising service which will create maximum impact on marketing and be economical at the same time, for small-sized game development companies CJ Hellovision announced on August 20 that they have co-developed “Cross Shock”, a free mobile game advertisement [...]
SEOUL, Aug. 19 (Korea Bizwire) — Mega-hit blockbuster K-drama “My Love from the Star“, which engulfed the entire China into a “Xing Ni” – a nickname for the show in Mandarin – syndrome last winter, will be re-created into a mobile game and is expected to once again fascinate the Chinese market. WeMade Entertainment, Korea’s mobile [...]
SEOUL, Aug. 13 (Korea Bizwire) – On August 12, CJ Games announced that it is planning to merge with CJ Netmarble. In a board of directors meeting, it was decided that CJ Netmarble would be spun off from CJ E&M and merge with CJ Games effective on October 1. On the 26th, in addition, they will [...]
SEOUL, Aug. 11 (Korea Bizwire) — Korea’s online game companies posted disappointing results for the second quarter. NHN Entertainment (formerly Hangame) said on August 7 it recorded an operating loss of 7.3 billion won(US$7.08 million) for the quarter. This is the first quarterly loss for the company since its founding as a gaming division of Naver in [...]
SEOUL, Aug. 8 (Korea Bizwire) – After Gamevil’s acquisition of Com2us last year, the two companies showed record-high sales during the second quarter of this year thanks to the skyrocketing overseas sales and the synergy effects from the merger. According to the announcement of their sales revenue, Gamevil and Com2us posted 33.2 billion won (US$32 million) [...]
SEOUL, July 16 (Korea Bizwire) – Nexon, Korea leading game developer, strengthened the partnership with mobile game maker Neptune by making a strategic investment. With the investment made on July 14, Nexon could gain the global publication rights of sports simulation games developed by Neptune. Neptune, founded by former NHN Hangame CEO Chung Wook, is a [...]
SEOUL, July 11 (Korea Bizwire) – Race is on among the mobile game makers to come up with more effective and creative marketing campaigns, aimed at winning over the prospective users even before games are officially released. Swedish game developer Supercell, for example, has reportedly earmarked 10 billion won (US$10million) of marketing budget to promote its [...]
SEOUL, June 26 (Korea Bizwire) –The ITS (International Trade Show for) Game 2014, Korea’s only game-related B2B event, hosted by the Ministry of Culture, Sports, and Tourism and organized by the Korea Creative Content Agency, has generated $72.21-million export deals, the largest ever in its history. The ITS Game 2014 export consultation meetings ran for two [...]