Korean free-to-play online games giant Nexon, which has been quietly outperforming Zynga since its IPO last December, has announced it’s acquired all outstanding common shares of gloops, a developer of mobile games for Japanese games developer DeNA’s social gaming platform Mobage. Nexon paid ¥36.5 billion ($468.4 million) in cash to acquire gloops. The transaction closed today. → Read More
Why did Zynga generate revenue of $332 million versus the analyst-projected $344 million, earning 3 cents per share instead of 5 (and sending the stock off 40% in after-hour trading)? Three big factors, the company said today on the earnings call, in the following order: Facebook platform changes, game launches late in the quarter, and Draw Something’s weakening mobile traffic.
Survival horror video game series Resident Evil has sold well over 45 million units since the first title came out back in 1996, on various platforms, for example the PlayStation 1, the Nintendo DS, or the iPhone. But there has never been a mobile social game in the series (“Biohazard” in Japan) – until this week. → Read More
Michael Jackson may have passed away two years ago, but he has always been especially big in Japan. So big, in fact, that he now gets his own social game. Dubbed “Michael’s King Of Pop” [JP], the title is exclusively available on Japanese mobile social gaming platform Mobage.
The goal of the game is to make Michael Jackson the No. 1 entertainer on the planet. Players manage Jacko’s career, but… → Read More