30°

Will Lineage Bros Go to Tencent?

NCsoft is preparing another leap of <Lineage> series in China.

NCsoft has admitted it as “we are looking for various publishers” to the question from an analyst, “is NCsoft preparing re-launch of <Lineage> and <Lineage 2> in China via Tencent?” at the 2010 earning report conference.

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thisisgame.com
250°

Tencent Loses $54 Billion as China Airs New Online Gaming Rules

Insider Gaming writes: "In recent hours, some of the biggest gaming corporations in China suffered from sizeable tumbles in their shares as the National Press and Publication Administration published a draft of guidelines aimed at clamping down on spending in online games.

This action saw Tencent’s share value plummet by around 16%, with a loss of around $54 billion, while NetEase’s value collapsed by almost 30%."

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insider-gaming.com
blackblades150d ago

To bad for recent, nothing but bad shyt coming out for tecent and embracer. The people that hates them got what they want. I understand why China did this for each one listed. Still daily rewards be nice though either way doesnt effect me I don't think i played tencent games that I know of. (Random empty tencent folder on phone) still curious where that came from though.

rlow1149d ago

It’s called a communist government that kills people on a large scale. Has what is the equivalent of a concentration camp for minorities. Does anything have to make sense when it come to gaming? Not at all.

Eonjay149d ago

Okay... for everyone else out there the this is actually a good thing and we would appreciate it if other market authorities used their power to protect consumers. The reason why this is so 'devastating' is because so much of the video game market has changed to rely on these profits.

*Online games must set spending limits
*Online games must ban daily login rewards
*Players who stream their games must not be able to receive large tips
*Probability-based luck draws must not be offered
*Online game approvals must be processed by regulators within 60 days of publishing

China got this right.
Take gambling out of gaming! Stop promoting addictive that largely target children.

You have to be able to recognize the bad things and the good things when analyzing an entity (like China or anyone else) or else you are degraded yourself. If you can't use critical thinking, anyone with malicious intent can pull the wool over your eyes. If this is you worry not, you can always take steps to improving your reasoning and critical think skills!

INMATEofARKHAM149d ago

Tencent owns more than just mobile games. They own the majority of Grinding Gear Games (Path of Exile), owns 40% of Epic Games (Fortnight, Rocket League), and outright owns Riot Games (League of Legends).

I'm sure there's others I'm not thinking off right now.

BeRich233149d ago

Pubg mobile is a tencent game

Palitera148d ago (Edited 148d ago )

It means a loss of value for big corporations, but it’s plain bankruptcy for tons of smaller developers.
Not saying it was a wrong move, but you’re all cheering that big corporations got screwed and ignoring the huge impact it has in the studios whose business plans (thus jobs) vanished in thin air.

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crazyCoconuts150d ago

Curious if anyone thinks this is a good thing. Yeah we dislike microtransactions and gambling loot boxes, but do we want governments telling us what's good for us and what we can or can't have

blackblades149d ago

No, buts its china and thats a Chinese company.

Falloutxii149d ago

In this case yes. Stop getting kids addicted to gambling.

EvertonFC149d ago

Was it gambling when us kids bought panani football sticker packs back in the 80S not knowing what was in the pack ?
Should we ban chocolate for kids cause it's addictive or anything with sugar in it ?

Gamingsince1981149d ago

@everton

Yeah it was, but it was a little different back then because nobody cared or knew mostly. Also kids weren't stealing parents credit cards to buy sticker packs , because they weren't expensive, you could buy a bunch for a couple of pounds, they were also real items not digital crap that goes away as soon as servers go down, the digital stuff now are macrotransactions, and they only keep going up in price as companies get away with more. I hope it gets banned on all countries.

150d ago Replies(2)
Demetrius149d ago

Damn and recently they bought techland tho

TheColbertinator149d ago

Unfortunate. Them and CDPR were the most promising studios to come out of Europe in the last 20 years.

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70°

Team Kaiju Closure and Layoffs Confirmed by Tencent, Unannounced AAA Game Canceled

Tencent has confirmed to TechRaptor that its AAA studio Team Kaiju has been shut down, while its unannounced AAA game has been canceled.

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techraptor.net
180°

NCSoft shows new trailers for Project M and LLL

NCSoft unveiled new trailers for its upcoming games Project M and LLL at G-Star 2023 which show off new features.

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eurogamer.net
Mr_cheese173d ago

Not sure what to think, definitely looks interesting.

ravens52173d ago

Would like to see more. 🤔

Plague-Doctor27173d ago

LLL is targeting a 2024 release for PC and console. Hard to tell but looks sort of like The Division? Hope we can hear more on it soon. Interested to see how these first few AA/AAA games from Korean devs go

Vengeance1138173d ago

Easier just to say PC and PS5. Not coming to anything else.

Sonyslave3173d ago (Edited 173d ago )

Before the deal it was announce for pc and consoles lol and this is a old trailer from last month.

Einhander1972173d ago (Edited 173d ago )

Sonyslave3

If you watch the trailer you'll notice the on screen prompts are PlayStation button symbols. There is no indication this is coming to anything other than PlayStation at this point.

Vengeance1138173d ago

Key word being "before", that was then, this is now. With the deal in place, count out other consoles, Sony's not going to publish games for other consoles.

BeHunted173d ago (Edited 173d ago )

@Einhander1972

They always reveal their games by using PlayStation button symbols. Doesn't mean anything.

Any game that uses a rival platform controller is exclusive /s

Einhander1972173d ago

BeHunted

Did you read the title of the article?

Now you provide any evidence that these games are or ever were going to be on xbox.

Keep in mind while your searching that xbox barely even exists in Korea and that's just when compared to PlayStation and Nintendo consoles. If you think xbox underperforms in Europe take a look at Korea.

+ Show (2) more repliesLast reply 173d ago
repsahj173d ago

Looking great! But I don't know, let's wait and see.