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Games & Commerce

XL Games\' ArcheAge Chronicles to launch on Steam early access on Nov. 4

XL Games will release its new massively multiplayer online role-playing game, ArcheAge Chronicles, on Steam early access on Nov. 4. The company is shifting to self-publishing for a global launch after ending its contract with former publisher Kakao Games. XL Games opened global pre-sales on Oct. 28, pricing the game at 36,000 won in South Korea and $29.99 in the United States. The title is a sequel to the 2013 PC MMORPG ArcheAge.

Games & Commerce

Game industry expands playtests from early development

South Korean game companies are increasingly running playtests from early in development, using player data and feedback to adjust game structure and balance and then testing again. NC Publishing’s Time Takers is set for another Steam global playtest in November after tests in March and September. Similar approaches are being used for Line Games’ Code Exit and Krafton-published Project Zeta. Valve will hold Steam Next Fest from Oct. 20 to 27.

Games & Commerce

Kakao Games launches first shareholder returns under new management, burns 500,000 treasury shares

Kakao Games said on Tuesday it will implement its first shareholder return measures since listing, including cancelling 500,000 treasury shares, introducing a restricted stock unit plan and reducing capital reserves. It will burn 500,000 shares worth about 29.9 billion won on July 15, and use the remaining 354,009 shares for employee RSUs. The company also plans to transfer reduced capital reserves to retained earnings after shareholder approval.