Search results for minimum guarantee
Games & Commerce
Court rejects Webzen injunction bid against \'Dragonsword\'; Steam release to proceed as planned
Hound13 said on Wednesday that the Seoul Central District Court rejected Webzen\'s request for a provisional injunction to block the release of \'Dragonsword: Awakening\'. The dispute arose after Webzen failed to pay a minimum guarantee under a publishing contract, after which Hound13 terminated the deal. The court found the termination valid and rejected claims of unauthorised use of translations. The game is set for release on Steam as planned.
Games & Commerce
Hound13 rejects Webzen \'Dragon Sword\' lawsuit, says contract terminated over unpaid MG
Hound13, the developer of the new game \'Dragon Sword\', rejected Webzen\'s request for an injunction to block it from self-publishing. Hound13 said Webzen failed to meet its obligation to pay a minimum guarantee under their publishing contract. It said it lawfully terminated the contract on Feb. 13 under the agreed procedures and has independent rights to service the game, including preparing a Steam release.
Games & Commerce
Small game developers in South Korea falter as weak launches shake survival model
Warning signs are mounting for small and midsize game developers in South Korea, with setbacks ranging from PixelTribe’s shutdown and bankruptcy to CloverGames’ corporate bankruptcy filing and a publishing dispute between Hound13 and Webzen. The cases share a fragile business model in which early monetisation failures quickly trigger reduced operations, cash squeezes and staff departures. A tougher funding climate, higher fixed labour costs and widening AI-driven productivity gaps with large developers are also adding pressure.
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Games & Commerce
Webzen says Hound13\'s unilateral termination notice for \'DragonSword\' invalid
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Games & Commerce
Webzen-Hound13 dispute widens over \'Dragon Sword\' service suspension
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Games & Commerce
Webzen rebuts notice to terminate Dragon Sword publishing contract, halts payments and refunds in full