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Gaming Giant NCSoft Retreats to Core Franchises Amid String of New Game Failures

Gaming Giant NCSoft Retreats to Core Franchises Amid String of New Game Failures

SEOUL, Oct. 23 (Korea Bizwire) – NCSoft, one of South Korea’s largest gaming companies, announced on October 22 a major restructuring that will see it abandon several new intellectual properties (IPs) to refocus on its successful “Lineage” series and other massively multiplayer online role-playing games (MMORPGs). The company will shut down multiple projects, including “Battle Crush,” [...]

NCsoft’s ‘Throne and Liberty’ Makes Global Debut, Climbing Steam Charts

NCsoft’s ‘Throne and Liberty’ Makes Global Debut, Climbing Steam Charts

SEOUL, Oct. 3 (Korea Bizwire) – NCsoft, the South Korean game developer, has launched its highly anticipated massively multiplayer online role-playing game (MMORPG) “Throne and Liberty” (TL) in collaboration with Amazon Games. The game was released on October 2 across North and South America, Europe, Oceania, and Japan, marking a significant step in NCsoft’s global expansion.  [...]

NCSOFT to Establish 2 New Firms through Split-off

NCSOFT to Establish 2 New Firms through Split-off

SEOUL, Aug. 14 (Korea Bizwire) — NCSOFT Corp., a South Korean gaming giant, said Wednesday it has decided to launch two new companies through a split-off as part of its efforts to increase competitiveness and tackle its management crisis. NCSOFT made the decision to separate its quality assurance service unit, NCQA, and software developing business [...]

NCSOFT to Begin Global Service of TL in September

NCSOFT to Begin Global Service of TL in September

SEOUL, Jun. 19 (Korea Bizwire) — South Korean game developer NCSOFT Corp. said Wednesday it will begin global service of its latest game title, Throne and Liberty (TL), in September. The massively multiplayer online role-playing game will be distributed in partnership with Amazon Games first in North and South America, Europe, Australia, New Zealand and [...]

NCSoft Announces First-Ever Cut in Director Compensation Limits Amid Dip in Profits

NCSoft Announces First-Ever Cut in Director Compensation Limits Amid Dip in Profits

SEOUL, Feb. 29 (Korea Bizwire) – In a groundbreaking move aimed at enhancing operational efficiency in the face of declining profitability, NCSoft, a leading South Korean video game developer, has announced its intention to reduce the compensation limit for its directors for the first time since the company’s inception. The decision, revealed through a notice of [...]

NCSOFT Partners with Sony Interactive Entertainment to Expand Global Business

NCSOFT Partners with Sony Interactive Entertainment to Expand Global Business

SEOUL, Nov. 29 (Korea Bizwire) — NCSOFT Corp., a major South Korean online and mobile game developer, said Wednesday it has joined hands with Japan-based console game developer Sony Interactive Entertainment (SIE) to expand its global business. NCSOFT CEO Kim Taek-jin and SIE CEO Jim Ryan signed a strategic partnership to strengthen cooperation in the [...]