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Games & Commerce

Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder

Kakao Games is moving to replace its management ahead of a change in its largest shareholder from Kakao to an investment vehicle funded by Line Yahoo. The company plans to appoint two internal directors who are expected to become co-CEOs and to name a non-executive director from Petrico Partners. It also outlined five new game releases from the third quarter through year-end as it seeks a turnaround after six consecutive quarterly losses.

Games & Commerce

Line Games kicks off PC lineup expansion with Code Exit, early demo response draws attention

Line Games is speeding up plans to expand its PC-focused title lineup to target the global market. The company said the demo for its new sci-fi co-op horror game Code Exit, developed by local indie studio Phase8 Studio and serviced by Line Games, reached No. 1 on the Epic Games Store Top Demo chart. It added the demo remained ranked No. 3 and Steam wishlists rose by about 2,500 during the event period.

Games & Commerce

Epic Games unveils Unreal Engine 6 through Rocket League teaser

Epic Games has unveiled Unreal Engine 6, describing it as a next-generation combination of AI and graphics technology, and announced a sweeping generational overhaul of its popular game Rocket League. IT outlet Engadget reported that Epic showed a surprise teaser trailer at the Rocket League Paris Major event. The company did not disclose detailed technical specifications or a release schedule for Unreal Engine 6 or the Rocket League revamp.