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South Korean mobile game developer From Wikipedia, the free encyclopedia
Netmarble Corp. (Korean: 넷마블 주식회사) is a South Korean mobile game developer, which was founded in 2000 by Bang Jun-hyuk.[4]
Native name | 넷마블 주식회사 |
---|---|
Company type | Public |
KRX: 251270 | |
Industry | Mobile game Web game |
Founded | March 1, 2000 |
Founder | Bang Jun-hyuk |
Headquarters | Guro District, Seoul, South Korea |
Area served | Worldwide |
Key people | Park Sean (CEO)[1] |
Products | Online games |
KRW 294 billion (2016)[2] | |
KRW 209 billion (2016)[2] | |
Total assets | KRW 1,957 billion (2016)[2] |
Total equity | KRW 1,310 billion (2016)[2] |
Owner | |
Number of employees | 3,000 non-consolidated in Korea (2016)[2] |
Subsidiaries | Kabam Kung Fu Factory Jam City, Inc. (minority stake) |
Website |
Netmarble developed Lineage 2: Revolution in 2015 and released to the public that same year. As of 2019 L2R became one of the highest-grossing mobiles in the market; exceeding 924 million dollars in 11 months since its release. Currently, Netmarble continues to update and bring new content to L2R.
Netmarble produces role-playing mobile games. As of 2015, it had more than 3,000 employees and served over 120 countries worldwide. In May 2017, Bang took the company public, raising $2.4 billion.[4]
Netmarble has developed mobile games including Seven Knights, Raven (Evilbane in the U.S.) and Everybody's Marble. It also claims a large shareholder stake in SGN, a casual game developer, and has a strategic partnership with CJ ENM.[5]
Since 2015, the company has licensed Disney-owned properties to produce games such as Marvel: Future Fight (2015),[6] Disney Magical Dice (2016),[7] and Star Wars: Force Arena (2017).[8][9][10][11]
In 2017, Netmarble acquired North American interactive entertainment company Kabam.[12]
In 2018, Netmarble named Park Sean as its new CEO. Park, the former chief strategy officer of the operator of KakaoTalk, co-headed Netmarble with incumbent chief Kwon Young-sik.[1]
In April 2018, Netmarble acquired 25.71% in Big Hit Entertainment, the agency of Korean boy group BTS and TXT, becoming its second largest shareholder.[13] As of 2021, Netmarble owns 19.31% of the Big Hit Entertainment after it changed its name to HYBE Corporation[14]
Netmarble and Disney's partnership significantly deteriorated near the end of 2018 when the former announced that it can no longer support Disney Magical Dice and Star Wars: Force Arena, and eventually shut down both games,[citation needed] leaving Future Fight as the only Disney-based game it supported.
In February 2021, the company acquired Los Angeles based developer Kung Fu Factory.[15]
On August 20, 2021, the company established a subsidiary label known as Metaverse Entertainment which partnered up with Kakao Entertainment to manage musical artists.[16] Five days later, Kabam released a sequel to Future Fight, titled Marvel Future Revolution, which was an ambitious online open-world superhero action RPG that ran on Unreal Engine 4, employed several notable voice actors and offered a more cinematic presentation. On January 25, 2023, the label debuted a virtual girl-group known as Mave:.[17]
As of 2021, Netmarble shareholders consisted of Bang Jun-hyuk (24.12%), CJ ENM (21.78%), Tencent (Han River Investment Pte. Ltd.) (17.52%), NCsoft Corp. (6.8%) and Others (29.78%).[18]
Following the poor performance of Marvel Future Revolution, Netmarble announced in June 2023 that the game would shut down on August 25, 2023.[19] On January 19, 2024, Netmarble shut down its metaverse subsidiary, laying off 70 employees.[20]
Year | Title | Developer | Publisher | Notes |
---|---|---|---|---|
2003 | GunZ: The Duel | MAIET Entertainment | Netmarble | Publisher in Korea only |
Grand Chase | KOG Studios | Netmarble | One of many publishers | |
2007 | SD Gundam Capsule Fighter Online | Softmax | Netmarble | |
2008 | Uncharted Waters Online | Koei Tecmo | Netmarble | Publisher in North America and Europe only |
Prius Online | CJI | Netmarble | ||
2012 | Scarlet Blade | Liveplex | Netmarble | |
District 187: Sin Streets | Netmarble | Netmarble | ||
2014 | Seven Knights | Netmarble Nexus | Netmarble | |
2015 | Marvel: Future Fight | Netmarble Monster | Netmarble | |
2016 | Lineage 2: Revolution | Netmarble Neo | Netmarble | |
2017 | Star Wars: Force Arena | Netmarble Monster | Netmarble | Shut down on January 12, 2019 |
Arena of Valor | TiMi Studio Group | Netmarble | Publisher only in Korea | |
2018 | The King of Fighters All Star | Netmarble Neo | Netmarble | |
BTS World | Takeone Company Corp | Netmarble | ||
2020 | Seven Knights 2 | Netmarble Nexus | Netmarble | |
Seven Deadly Sins: Grand Cross | Netmarble F&C | Netmarble | ||
2021 | Marvel Future Revolution | Netmarble Monster | Netmarble | Shut down on August, 25th 2023. |
2022 | Ni no Kuni: Cross Worlds | Netmarble Neo | Netmarble | |
2023 | Paragon: The Overprime | Netmarble F&C | Netmarble | |
Game of Thrones[21] | Netmarble Neo | Netmarble | ||
Tower of God: New World | Netmarble | Netmarble | In all countries on July 27, 2023 | |
TBA | RF Project | Netmarble | Netmarble | |
Shangri-La Frontier | Netmarble Nexus | Netmarble | ||
Solo Leveling | Netmarble | Netmarble |
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