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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 [...]

Court Sides with NCsoft Corp. in Intellectual Property Suit over Lineage M

Court Sides with NCsoft Corp. in Intellectual Property Suit over Lineage M

SEOUL, Aug. 18 (Korea Bizwire) — A Seoul court on Friday sided with NCsoft Corp., one of the country’s leading online game developers, over allegations that a smaller game company had plagiarized its leading game Lineage M. NCsoft Corp. filed the intellectual property suit against the video game developer Webzen in June 2021, claiming it [...]

Saudi Arabia’s Sovereign Wealth Fund Becomes NCSOFT’s 2nd-largest Shareholder

Saudi Arabia’s Sovereign Wealth Fund Becomes NCSOFT’s 2nd-largest Shareholder

SEOUL, March. 11 (Korea Bizwire) — Saudi Arabia’s sovereign wealth fund has increased its stake in NCSOFT Corp. to become the second-largest shareholder, according to a regulatory filing Friday. Public Investment Fund (PIF) acquired an additional 563,566 shares of the major South Korean online and mobile game developer for around 290 billion won (US$240 million) [...]