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Former Krafton employee sues company in sexual assault, wrongful termination case

Game Developer

The PUBG publisher reportedly failed to investigate an alleged assault and terminating the victim months after reporting it.

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Krafton launches new studio Relu Games

GamesIndustry.biz

Krafton has announced the opening of a new studio, called Relu Games. The developer was officially opened on June 1, and unveiled yesterday, and will be headed by MJ Kim, Krafton's previous senior director of investment and partnership.

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Krafton to invest $150m into Indian games market

GamesIndustry.biz

Krafton has pledged a further $150 million investment in Indian game startups over the next two to three years. As reported by TechCrunch , the PUBG company identified India "as one of the premier engines of growth for Krafton globally." "We Read more

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Ex-Ubisoft devs lead Krafton's new AAA studio in Montreal

GamesIndustry.biz

PUBG developer and publisher Krafton has opened its first Canadian studio, GamesIndustry.biz can reveal, with the unveiling of Krafton Montreal.

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Krafton sees full-year sales, profit dip

GamesIndustry.biz

Sign up for the GI Daily here to get the biggest news straight to your inbox Krafton announced its fourth quarter and full-year earnings today, showing declines for 2023 overall and mixed results for the fourth quarter, including the company's first quarterly net loss since it began trading publicly in 2021.

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OTK launches publishing label Mad Mushroom

GamesIndustry.biz

Content creation company OTK Media is launching its own publishing label, called Mad Mushroom. The publisher will be working with Krafton, NCSoft, and Square Enix veteran Mike Sibowitz as leading advisor.

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How start-up Noodle Cat rejects game development hustle culture

Game Daily

” The Salt Lake City-based company of roughly 20 staff recently announced a funding round of $12 million (Hiro Capital, with additional participation from Makers Fund, Krafton, and Sony Innovation Fund). “Some people just won’t fit the company, and there’s some detriment there. .