The Epic Games Store has just kicked off its own version of a Steam Sale with their first-ever “Mega Sale”. Epic is offering up to 75% discounts on their catalog of games plus $10 off for every game purchased that’s worth $14.99 and up from now until June 13th. Sounds good right? Well, everything was going great until two highly-awaited [...]
Read more
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 [...]
Read more
ZeniMax Online Studios President Matt Firor confirmed that the studio is working on a new game in an interview appearing in the June 2019 issue of Xbox: The Official Magazine. Firor, however, was close-mouthed about the details of the project except for the fact that it’s a triple-A game being developed using a new engine. “Not a lot of people [...]
Read more
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 [...]
Read more
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 [...]
Read more
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 [...]
Read more
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 [...]
Read more
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 [...]
Read more
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 [...]
Read more
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 [...]
Read more