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Posts tagged business

Layoffs are probably in store for Transformers Universe

A staff reduction will be hitting Jagex's Transformers Universe team, and not for the first time. The studio has confirmed that it is in the process of examining duties and roles within the development team, with some team members facing reassignment to elsewhere in the company and others seen as r...

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Perfect World reorganizes its R&D branches

Chinese gaming giant Perfect World Co. has issued a statement declaring a restructuring of research and development teams and the subsequent formation of five new subsidiaries. Says the press release, The structure of forming new subsidiaries that are majority-owned by Perfect World is aimed to he...

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Warframe studio Digital Extremes partners with Perfect World

Back in July there were rumblings that Digital Extremes, the studio behind Warframe, would soon be added to the lineup of Perfect World's studios. After three months of negotiations, the deal has finally gone through, with Perfect World Online Holding and Sumpo Food Holdings Limited together acquir...

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NCsoft might allow players to resurrect the City of Heroes IP

There's good news for City of Heroes fans to celebrate now, even if it's not a finished thing yet. Nate Downes, President of Missing Worlds Media, has posted about a project wholly unrelated to City of Titans and yet entirely tied to it: the quest to resurrect the City of Heroes IP. He explains a s...

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Firefall gets a Chinese publishing deal

It's been a long road to Firefall's release on its native shores, but the game has more places to go just the same. Red 5 Studios and The9 have entered into an agreement with System Link Limited to publish the game in China for a five-year period. This will result in at least $160 million being pai...

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Richard Bartle predicts that free-to-play will decline

Free-to-play as a business model stirs a lot of passionate opinions in both gamers and developers. According to Richard Bartle, well-known gaming researcher and co-creator of the first MUD, free-to-play as a business model has a certain half-life and is going to hit a point when it's just not viabl...

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Perfect World Entertainment buys Digital Extremes

Perfect World Entertainment is adding another studio to its cap. Digital Extremes Ltd., the studio behind Warframe, is having all of its outstanding shares purchased by PWE in cooperation with Sumpo Food Holdings Limited. This agreement is non-binding and was first announced on June 30th, although ...

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Graphical upgrades en route for Age of Wushu

How do you feel about Age of Wushu's graphics? Do you think that they could really use an upgrade? It seems that they'll be getting one. Shi Hai, CEO of Snail Games, was recently interviewed in China, and a translation of that interview reveals that graphical upgrades are definitely in the works. W...

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EVE Online phases out time codes, releases Bloodbath of B-R5RB video

If you want to subscribe to EVE Online, you aren't lacking for options. You can sign up for a monthly subscription, of course, but you can also purchase EVE time codes and PLEX. PLEX have the advantage of being tradeable within the in-game market, and you can use them to upgrade from a trial accoun...

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World of Speed creative director stresses the game will be completely free

Perhaps you're looking forward to playing World of Speed but your enthusiasm is tempered slightly by ambiguity regarding the game's business model. Well, the good news is that it's going to be free. No, we didn't say "free-to-play," we said free. According to creative director Andy Tudor, players s...

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