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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 posts 2025 revenue of 148.8 billion won, up 98.5 percent
Wemade Max says its 2025 consolidated revenue rose 98.5 percent from a year earlier to 148.8 billion won, supported by the inclusion of Mad Engine as a subsidiary and growth in existing intellectual property. It says Mad Engine title \"Night Crows\" drove performance, with cumulative sales topping 650.0 billion won. The company posts an operating loss of 48.7 billion won and cites higher costs tied to staffing and new titles. It plans new releases across multiple genres.
Industry
Tesla Model 3 seen entering 30 million won range in South Korea; FSD shifts to monthly subscription only
Tesla’s Model 3 Standard RWD with an NCM battery could enter the 30 million won price range in South Korea on higher 2026 subsidies, compared with LFP versions. Tesla is also releasing a seven-seat 2026 Model Y, with the option limited to a premium AWD Long Range variant. Elon Musk said Tesla will stop selling FSD as a one-off purchase, offering it only as a $99-a-month subscription after the 14th.
