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Games & Commerce
NCSoft to launch Lineage2M in China on June 24 with Tencent Games
NCSoft will begin service of its MMORPG Lineage2M in China on June 24 through Tencent Games, the company said on Thursday. The game will be released locally under the title \"Tiantang 2: Mengyue\" (天堂2: 盟约). Tencent Games plans to support cross-play between mobile and PC. The companies have conducted a closed beta test involving about 50,000 participants and are working on localisation based on feedback.
Games & Commerce
NCSoft aims for quarterly growth on legacy, new IP and mobile casual three pillars
NCSoft posted a clear earnings rebound after achieving its biggest-ever first-quarter PC sales. The company said it will pursue continued quarter-by-quarter growth based on three pillars: expanding legacy intellectual property, globally launching new IP and ramping up mobile casual. Co-CEO Byung-moo Park said he was confident revenue and operating profit will keep rising quarter on quarter and year on year. The company highlighted Lineage Classic, plans for Aion2 and the integration of Germany\'s JustPlay.
Games & Commerce
NC changes name and sets out three strategies as shareholders criticise dividend and pay
NCSoft on March 26 changed its name to NC and reaffirmed three medium- to long-term growth strategies at its annual shareholders meeting. Shareholders pressed the company over a lower dividend, higher executive compensation and the possibility of disposing of treasury shares. All six agenda items were approved as proposed, including amendments to the articles of incorporation and plans related to treasury shares. Management outlined strategies spanning legacy IP, new global IP and mobile casual expansion, and addressed questions on user metrics and payment ratios.
