Search results for Mir5
Games & Commerce
Wemade Max Q1 operating loss widens to 15.3 billion won on higher investment costs
Wemade Max posted a wider consolidated operating loss in the first quarter as investment costs rose, including fees tied to sales growth and spending on new game development and staffing. Revenue fell 30.6 percent from a year earlier to 32.7 billion won, while net loss was 11.1 billion won. Overseas revenue jumped 137.8 percent, lifting the overseas share of sales to 45 percent. The company plans multiple new releases and global expansion.
Games & Commerce
Wemade Max shifts to sole CEO Son Myeon-seok, reorganises around five key studios
Wemade Max said on March 24 it will switch to a sole CEO structure under Son Myeon-seok and reorganise around five key studios. The company said the move aims to strengthen execution of its 2026 global portfolio strategy and speed decision-making on key intellectual property and strategic projects. Co-CEO Lee Gil-hyeong will remain on the board and focus on subsidiary Lightcon. Wemade Next CEO Park Jung-soo will resign, with Seong Jeong-guk appointed as successor.
Games & Commerce
Wemade Max reorganises development structure around core projects
Wemade Max said on Wednesday it is reorganising its development system to strengthen game development competitiveness amid changes in the global market. It is reviewing the roles of development teams and project strategies and shifting resources to core projects such as Mir5 and Project T. The company also plans to bolster development and operations for the live-service title Mir4, expand staffing for PC and console projects including Midnight Walkers, and increase adoption of AI-based tools and automation.
