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Search results for Patrick Soderlund

Games & Commerce

Game firms raise bar for new titles as development halts mount

Game companies are raising the threshold for investing in new titles, halting development if commercial prospects fall short even after years of work or public exposure. The trend is extending beyond development to post-launch decisions, as firms reassess whether to keep funding projects based on user numbers and profitability. Rising production and operating costs, multi-platform development and global ambitions are driving the shift, with companies reallocating staff and budgets to projects with higher expected returns.

Games & Commerce

Nexon steps up Dungeon Fighter IP expansion with classic, idle and 3D action titles

Nexon is accelerating expansion of its Dungeon Fighter intellectual property, even as second-quarter franchise revenue fell 44 percent from a year earlier. Chairman Patrick Soderlund said the game is undergoing a year of reorganisation and the company is prioritising the right direction over speed. Nexon is preparing new titles including Dungeon Fighter Classic, Project Overkill and Dungeon and Fighter: Arad, while boosting content updates and staffing at developer Neople.

Games & Commerce

Korean game firms reshape leadership as mobile growth formula fades

Major South Korean game companies reshuffled top management and key organisations in the first half of this year, moving in different ways but with similar aims. The changes seek to reduce reliance on a mobile massively multiplayer online role-playing game growth formula and shift business structures toward global markets, PC and console games, and in-house intellectual property. Nexon and Neowiz put development and global capabilities forward, Krafton reshaped publishing leadership, and Kakao Games and Wemade moved amid governance changes.