Search results for Netmarble Neo
Games & Commerce
Netmarble withdraws Netmarble Neo IPO to boost control and management efficiency
Netmarble said on Tuesday it will carry out a comprehensive share swap with its key game development unit Netmarble Neo. The move withdraws Netmarble Neo’s planned listing and folds it into Netmarble as a wholly owned subsidiary. Netmarble said it aims to strengthen control over the unit, improve management efficiency and financial soundness, and address concerns over duplicate listings. It also plans to buy back and cancel treasury shares to offset dilution from new shares.
Games & Commerce
Krafton CEO Kim Chang-han tops Korean games industry pay rankings
Pay disclosures for executives at major listed South Korean game companies showed Krafton CEO Kim Chang-han received 8.04 billion won last year, the highest among senior managers at leading listed game firms. NCSoft CEO Kim Taek-jin followed with 5.30 billion won. Krafton’s PUBG series chief Jang Tae-seok received 6.16 billion won. Average pay per employee was 129 million won at Krafton and 117 million won at NCSoft.
Games & Commerce
Netmarble expands external studio cooperation, advancing two-track strategy
Netmarble is strengthening its portfolio by expanding from an internal studio–centric structure to broader partnerships with external developers. It recently signed a global publishing deal with Kong Studios for Project Octopus and earlier secured global rights to Sol: Enchant from Alt9. Internal studios have also reported steady results. The company plans further disclosures on upcoming titles as its two-track strategy gains momentum.