Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
August 30, 2014
arrowPress Releases
August 30, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


NCsoft's Annual Revenues Rise While Profits Sink
NCsoft's Annual Revenues Rise While Profits Sink
February 11, 2011 | By Eric Caoili

February 11, 2011 | By Eric Caoili
Comments
    Post A Comment
More:



Korean MMO publisher NCsoft revealed that its profits for the previous fiscal year (ending December 31st, 2010) slightly grew by 2 percent to ₩650 billion ($577 million), though its year-over-year profits fell by 6 percent to ₩174 billion ($154 million).

NCsoft attributed the revenue gain to its Lineage MMORPG series, which saw record sales of ₩181 billion ($161 million). Its three biggest titles -- Lineage, Lineage 2 and Aion -- brought in a total of ₩3 trillion ($2.7 billion).

The publisher blamed the profit decline on a decrease in one-off incentives for its games and lawsuit-related costs. Last June, Tabula Rasa designer Richard Garriott won a $28 million suit against NCsoft over his alleged forced dismissal from the company.

Korea made up the bulk of NCsoft's revenues last year, ₩417 billion ($370 million), while Japan was the second biggest market with ₩79 billion ($70 million).

North America contributed ₩49 billion ($43 million), Europe chipped in ₩34 billion ($30 million), and Taiwan added ₩22 billion ($19 million) to the company's revenues in 2010.

In 2011, NCsoft expects its full-year revenues to continue to rise to as much as ₩700 billion ($622 million) from increased sales of new games and virtual goods.

Its upcoming titles include PC/PS3/Xbox 360 MMORPG Blade & Soul, which is scheduled to debut in South Korea some time this year; and Guild Wars 2, which doesn't yet have a release date.


Related Jobs

Raven Software / Activision
Raven Software / Activision — Madison, Wisconsin, United States
[08.30.14]

Sr. Software Engineer (Gameplay)
Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[08.30.14]

Producer - Infinity Ward
Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[08.30.14]

Senior AI Engineer
Infinity Ward / Activision
Infinity Ward / Activision — Woodland Hills, California, United States
[08.30.14]

Lead Tools Engineer - Infinity Ward










Comments



none
 
Comment: