SEOUL, July 24 (Korea Bizwire) – Once regarded as a declining industry due to the gaming industry’s mobile transition and the COVID-19 pandemic, internet cafes, known as “PC bangs” in Korean, are now transforming into new cultural spaces through partnerships with the e-sports industry. E-sports team Nongshim Redforce launched an internet cafe brand called Redforce [...]
SEOUL, June 23 (Korea Bizwire) — Kwangdong Pharmaceutical Co. said Wednesday it had hosted an e-sports education program for its employees. The class was offered at the company headquarters for employees who have an interest in the massively popular e-sports game “League of Legends.” The education program consisted of a theory lecture on LoL components, [...]
BUSAN, Mar. 26 (Korea Bizwire) — An e-sports stadium with 400 seats will open next year in Seomyeon, Busan. Busan Metropolitan City announced on Monday that it had been selected for a project to support the establishment of a stadium for e-sports organized by the Ministry of Culture, Sports and Tourism and the Korea Creative [...]
INJE, Mar. 13 (Korea Bizwire) — The 2019 Military Amateur e-Sports Championship will be held in Inje County, Gangwon Province in May and June of this year. Inje County announced on Tuesday that it had been selected as the first location to host a military amateur e-Sports championship. The county will be investing as much [...]
ORANGE COUNTY, Calif., Dec. 17 (Korea Bizwire) — Allied Esports™, a global esports entertainment company, today announced the formation of the world’s first esports venue affiliate program – the Allied Esports Property Network – created for global partners interested in participating in Allied Esports’ global event programming, and licensing Allied Esports’ design, development and operations [...]
KAOHSIUNG, TAIWAN, Nov. 15 (Korea Bizwire) - 2018 leSF 10th Esports World Championship opened in Kaohsiung on Nov.9 with more than 700 players from 48 countries participating. It marked the first time this dynamic city in southern Taiwan hosted such an international esports event. Acting Kaohsiung Mayor Hsu Li-ming thanked the host, Chinese Taipei Esports Association, and [...]
SEOUL, Nov. 28 (Korea Bizwire) – The e-Sports industry is expanding at a torrid pace. From 60.2 billion won in 2014, the industry is growing by more than 10 billion won every year. According to a study commissioned by the Korea Creative Content Agency and the culture ministry, last year’s growth was measured at 14.9 [...]
LONDON, Jun. 6 (Korea Bizwire) — Burgeoning entertainment and media industry segments such as virtual reality (VR), e-sports and music streaming illustrate an intensifying focus on users and the vital role of “fans” as a source of competitive advantage. Photos accompanying this announcement are available at: http://www.globenewswire.com/NewsRoom/AttachmentNg/9eecacb2-8d35-4636-81cd-954fba664e5c http://www.globenewswire.com/NewsRoom/AttachmentNg/617d79af-ca18-42b1-8fe3-6a4a3094d32c http://www.globenewswire.com/NewsRoom/AttachmentNg/5cbd9156-5862-4cad-bcab-ff13a1fda1a9 http://www.globenewswire.com/NewsRoom/AttachmentNg/693e5612-be39-4d56-b8da-9dda33bf5615 According to PwC’s Global entertainment [...]
![[Quote] Korean E-sports Games Have Been Sold down the River at World Tournaments](http://koreabizwire.com/wp/wp-content/uploads/2014/10/riotgames.jpg "[Quote] Korean E-sports Games Have Been Sold down the River at World Tournaments")
“Although Korea is hosting major world-class e-sports competition events, all of the e-sports games are made abroad, not at home, which is detrimental to our games in advancing into the world market. What is more serious is that it is too heavy a burden that small games developers are responsible for the entire prize money [...]