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Games & Commerce

PUBG, Subnautica 2 double boost signals surprise Q2 results for Krafton

Krafton is expected to post a sharp improvement in second-quarter results, helped by steady growth in PUBG: Battlegrounds on PC and faster-than-expected early success for Subnautica 2. Consensus estimates put revenue at 1.19 trillion won and operating profit at 367.1 billion won, up 80.2 percent and 49.2 percent from a year earlier. Analysts cite strong Steam metrics for PUBG and millions of Subnautica 2 copies sold soon after launch.

Games & Commerce

Krafton settles lawsuit with former Unknown Worlds management, ending dispute worth up to $250 million

Krafton said on Tuesday that the plaintiff in a lawsuit filed by Fortis Advisors, a former shareholder representative of its subsidiary Unknown Worlds, had withdrawn the case. The company disclosed that the withdrawal followed a settlement, with no judgment amount stated. The dispute concerned an earnout clause in Krafton’s acquisition of Unknown Worlds, tied to performance including that of “Subnautica 2,” with a potential payout of up to $250 million.

Games & Commerce

Korean games hit console sales, as overseas acquisitions and in-house development pay off

Korean game companies are changing how they make and sell titles as PC and console releases deliver solid sales, moving away from mobile MMORPG and live-service domestic revenue models. Recent hits include Krafton’s Subnautica 2 and Pearl Abyss’ Crimson Desert, alongside Nexon-backed Arc Raiders. The industry is increasingly using overseas studio acquisitions, long development cycles on proprietary engines and Steam-led package sales, while facing rising AAA development costs and post-launch update demands.