investment
Kakao Games invests in Korean studio Redlab Games to create a play-to-earn mobile MMO
Kakao Games is looking to dive deeper into the play-to-earn cesspool, it appears. The publisher has reportedly invested an undisclosed amount into Korean studio...
The Daily Grind: How long do you play an MMO before deciding to spend money on it?
Investing in MMOs is no longer something you usually need to do up front. More often than not you can log in to a...
Raph Koster’s Playable Worlds scored $25M in investment for his ‘modern sandbox MMO’
Raph Koster's Playable Worlds is inching a little closer to a playable world thanks to another cash infusion.
GIbiz reports that the company has raised...
Zenith’s Ramen VR just scored another $35M in investment, ‘accelerates’ efforts on PC version
Zenith studio Ramen VR just secured more money to bolster the future of the VR MMORPG: The company announced last night that it just...
Lightforge Games raises $15 million in funding for development of a social RPG project
So what is Lightforge Games actually building right now? The answer is that we don't actually know, but we do know that the company has...
MMO Business Roundup: Unionbusting, Kakao, sportswashing, DDOS attacks, plagiarism, and PUBG
Welcome back to another roundup of MMO- and MMO-adjacent industry news. I'm sorry.
Raven Software: The internal Activision studio that saw first a strike and...
VR MMO Zenith raises $10 million from investors, says ‘not much’ will change about development
We've been a little skeptical about the long-term prospects of Zenith, but the virtual reality MMORPG has a better chance today of making it...
Krafton’s IPO launch didn’t go to plan thanks to China and Tencent
Yesterday was supposed to be a huge day for Krafton, the South Korean gaming giant behind everything from TERA to PUBG, as it launched...
Portal Knights studio gets $10M investment to make open-world sandbox
After selling over 3.5 million copies of Portal Knights, what's indie developer Keen Games going to do next? Make an even bigger game, that's...
Palia’s latest investment round nets $30M as pre-alpha invites – all 200 of them – begin
Palia's reveal last month had the MMO and MMO-adjacent communities abuzz with delight over the cutesy simulation MMO, including ours. In our article on...
Activision-Blizzard extends contentious shareholder vote on executive pay
MMO readers will recall that earlier this year, the industry erupted over a public relations fiasco Activision-Blizzard failed to adequately counter: In the midst...
Sony injects investment into Discord ahead of putting Discord on PlayStation
Well now, suddenly it's a lot more clear why Discord and Microsoft ended their buyout talks, isn't it?
Yes, Sony announced today that it's partnering...
Dreamworld co-founder’s ex-fiancee calls out Kickstarter fibs but says he’s not intentionally scamming
A couple of weeks back, we covered the impending Kickstarter funding of Dreamworld, a game by a couple of MMORPG industry novices promising the...
Fractured updates players on the tech tree and studio investment while delaying its next test
You probably don't need anyone to tell you that the winter test for Fractured is not taking place in February, due to certain little indicators...
Gamestonk’s gamified guerilla trading made losers of both the good and bad guys
It seems like a long time ago, but just a few weeks back, the mainstream news cycle was absolutely obsessed with Gamestop thanks to...
With some trading restrictions lifted, GameStop stock is taking off again
The GME train keeps on a rollin' here on Friday. As daytraders and retail stock-buyers have been organizing on Reddit to buy GameStop stock...
The Reddit-driven GameStop stock spike isn’t going to end well
(We're continuing to update this piece on the latest at the end!)
If I had told you last year that GameStop, the retail business that...
Raph Koster’s Playable Worlds studio raises an additional $10 million in funding
We still know nothing about what the first project out of Raph Koster's new studio, Playable Worlds, will actually look like. But we do...
Star Citizen studio Cloud Imperium just picked up another $17.25M from investors
Looks like Star Citizen and Squadron 42 company Cloud Imperium just got a bit more rope, as its investor groups have bought up more...
Roblox is worth $4 billion now, clocks over 115 million monthly users
Hey, you know what's worth $4 billion these days? It's not your Magic: The Gathering collection, that's for sure. No, it happens to be...
