MMOGChinese Online Games Firm ChangYou Opens U.S. SubsidiaryAuthored by Mark Hefflinger on October 29, 2009 - 3:30pm.
Santa Clara, Calif. - ChangYou.com (NASD: CYOU), a Chinese online game developer
whose shares trade on the Nasdaq, said that it has launched a U.S. subsidiary in Santa
Clara, California, with plans to
launch its online games in Asia to American
gamers. The company said that its first U.S. release, "Dragon
Oath," will launch open beta Nov. 5. The title, which has run in Asia for over three years, has over 75 million registered
players and 910,000 concurrent users.
Report: U.S. Virtual Goods Market to Hit $1 Billion This YearAuthored by Mark Hefflinger on October 14, 2009 - 11:06am.
San Francisco - The U.S.
market for virtual goods -- including items in online games, virtual worlds and
social network sites -- is expected to reach $1 billion this year, according to
a report published by Inside Virtual Goods and the Virtual Goods Summit.
tags: Games | Social Networking | Reports | Research | Virtual Worlds | MMOG | Virtual Items | Inside Virtual Goods |
Paltalk Sues Multiplayer Game Publishers Over Chat TechnologyAuthored by Mark Hefflinger on September 18, 2009 - 10:35am.
New York
- Paltalk, a provider of online chat and instant messaging technology, has filed
patent infringement claims against a number of massively multiplayer online
game publishers, alleging they are using its real-time messaging technology
without licenses, Mass High Tech reported.
Outspark Names Former EA Exec Mahoney as CEOAuthored by Mark Hefflinger on September 8, 2009 - 10:23am.
San Francisco
- Outspark, a publisher of free-to-play, massively multiplayer online games,
announced on Tuesday that it has named Owen Mahoney, a former senior vice
president at Electronic Arts (NASD: ERTS), as its new CEO. The company claims a registered
user base of 4.7 million, and 5.4 million unique monthly visitors to its
website.
China's Shanda to Spin-off Games Unit in Nasdaq IPOAuthored by Mark Hefflinger on September 4, 2009 - 5:27am.
Turbine Lands $6.6 Million for Multiplayer Online GamesAuthored by Mark Hefflinger on August 10, 2009 - 10:26am.
Westwood,
Mass. - Turbine, a developer of
massively multiplayer online games, has raised nearly $6.6 million of an
expected $50 million fourth round of venture capital financing, PaidContent
reported, citing an SEC filing.
Report: South Korean Online Game Market Grew 20% in '08Authored by Mark Hefflinger on July 15, 2009 - 11:39am.
San Francisco - The online
games more in South Korea,
where broadband access is near-ubiquitous and PC ownership is 80%, grew by more
than 20% in 2008, according to a report from market research firm Pearl
Research.
Outspark Lands $8.3 Million for 'Freemium' Online GamesAuthored by Mark Hefflinger on July 14, 2009 - 7:57am.
San Francisco
- Outspark, a publisher of online multiplayer games that generate revenue
through microtransactions, announced on Tuesday that it has closed an $8.3
million third round of financing, led by Syncom Venture Partners.
tags: Games | Deals | VC | MMOG | Outspark | Syncom Venture Partners | SBI Investment | Mille Plateaux |
MMOG Developer eRepublik Lands $2.8 MillionAuthored by Mark Hefflinger on June 17, 2009 - 6:59am.
Dublin, Ireland - Video game developer eRepublik announced
on Wednesday that it has raised about $2.8 million in its first round of
financing from AGF Private Equity.
Shanda Pays $46.2 Million for Majority Stake in China's HurrayAuthored by Mark Hefflinger on June 8, 2009 - 7:23am.
Shanghai, China - Chinese online game publisher and operator
Shanda Interactive Entertainment (NASD: SNDA) announced on Monday that it has paid $46.2
million for a 51% stake in Hurray (NASD: HRAY), an artist development, music production and
wireless music and content distributor in China.
tags: Games | Deals | Mobile | Music | China | Hurray | Investments | MMOG | Shanda Interactive Entertainment |
Buzz Watch: Jonas Luster Talks About How To Make Better MMORPGsAuthored by Jay Baage on March 31, 2009 - 8:22pm.
Irina Slutsky of GETV (one of the best interviewers/hosts online, someone sign her already!) recently did a piece with game designer Jonas Luster about his experiences with massively multiplayer online games (MMORPGs) and his predictions for the future of the genre. Well worth watching to get the overview from someone very passionate about gaming and the gaming community. Chinese Online Games Firm Changyou Makes Nasdaq IPOAuthored by Mark Hefflinger on March 30, 2009 - 9:44am.
Hong Kong - Chinese online game operator Changyou.com, a
unit being spun-off of Internet portal Sohu.com, plans to close the books on
its $120 million initial public offering on the Nasdaq a day early, after
seeing an eager response from investors, Reuters reported.
Gazillion Multiplayer Games to Feature Marvel SuperheroesAuthored by Mark Hefflinger on March 17, 2009 - 11:51am.
San Mateo, Calif.
- Gazillion Entertainment, a new multiplayer game publisher with venture
capital backing, announced on Tuesday that it has signed a multi-year agreement
Gaming Portal Network MMO Life Buys Stake in MMOClusterAuthored by Mark Hefflinger on February 10, 2009 - 2:23pm.
Amsterdam - MMO Life, the
operator of a network of portals that offer news, reviews and demos of
massively multiplayer online games, said on Tuesday that it has acquired a 49%
stake in Germany's
MMOCluster, a multi-language network of gaming-related portals. Financial terms
of the deal were not disclosed. Amsterdam-based MMO Life recently raised $1.3
million in initial funding.
MMO Life Lands $1.3 Million for Multiplayer Gamer PortalsAuthored by Mark Hefflinger on February 3, 2009 - 8:02am.
Amsterdam - MMO Life, the operator of a network of regional portals for multiplayer online game players, announced on Tuesday that it has raised $1.3 million in initial funding from investors including Klaas Kersting and Alexander Roesner, of Gameforge, and ex-Endemol media executive Pim Schmitz. Infogrames Acquires MMOG Developer Cryptic StudiosAuthored by Mark Hefflinger on December 9, 2008 - 10:32am.
Lyon, France - France-based video game publisher Infogrames, the parent company of Atari, announced on Tuesday that it will acquire Los Gatos, Calif.-based Cryptic Studios, a developer of massively multiplayer online games, for $27.6 million in cash and shares. Online Game "Tabula Rasa" to Shut Down in FebruaryAuthored by Mark Hefflinger on November 24, 2008 - 10:56am.
Los Angeles - Video game publisher NCsoft will shut down the servers on its "Tabula Rasa" massively multiplayer online game in February, because "the game never achieved the player population we had hoped for," according to a note on its website. The game was developed by veteran designer Richard Garriott ("Ultima"). The company said it will make the game free to play in its last weeks, starting on Jan. 10. Blizzard's Wrath of the Lich King" Breaks PC Game Sales RecordAuthored by Mark Hefflinger on November 20, 2008 - 2:01pm.
Irvine, Calif. - Activision's (NASD: ATVI) Blizzard Entertainment studio said on Thursday that the second expansion to its massively popular "World of Warcraft" online multiplayer game, "Wrath of the Lich King," has sold 2.8 million copies in its first 24 hours on sale -- making it the fastest-selling PC game of all time. The previous record of nearly 2.4 million copies was set last year by the game's previous expansion, "The Burning Crusade." Ubisoft Acquires Swedish Game Studio MassiveAuthored by Mark Hefflinger on November 14, 2008 - 10:46am.
Paris - French video game publisher Ubisoft announced this week that it has acquired Sweden-based game studio Massive Entertainment from Activision Blizzard (NASD: ATVI). "World of Warcraft" Players Top 11 Million WorldwideAuthored by Mark Hefflinger on October 28, 2008 - 11:24am.
Irvine, Calif. - Video game publisher Blizzard Entertainment, which recently merged with Activision (NASD: ATVI), announced on Tuesday that its "World of Warcraft" massively multiplayer online game has now surpassed 11 million players worldwide. Blizzard plans to release its latest expansion, "Wrath of the Lich King," on Nov. 13. The game first debuted in 2004. |
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