Latest Gaming News
Digital Bros Acquires Wuchang: Fallen Feathers IP for $4.7 Million
Digital Bros, parent of 505 Games, bought the Wuchang: Fallen Feathers IP from Chengdu Lingze Technology for approximately RMB 32 million (~$4.7 million USD). The original development team was reportedly dissolved, but the new owner aims to continue development and potentially expand the franchise globally.
The game maintains Very Positive Steam reviews, signaling a brighter future.
Silicon Valley Gaming Pioneer Mike Sherrill Invests in Dating Startup SPARK
Mike Sherrill, co-founder of Machine Zone and creator of Game of War, has invested in Singapore-based dating app SPARK as it expands in Southeast Asia. SPARK has onboarded 3,500 users in Thailand and launched Version 2 of its platform.
Former Eatigo CEO Michael Cluzel joined as co-founder, with plans for scaling in Thailand, Singapore, and beyond.
Nexon Retains Top Spot Among Korean Gaming Giants with ₩15.1 Trillion Assets
Nexon leads Korean gaming firms per the 2026 Fair Trade Commission list, with total fair assets of ₩15.1 trillion, up 7.3% from last year. This boosted its overall ranking from 41st to 40th among large business groups.
Netmarble follows with ₩13 trillion assets, a 10.5% increase.
Krafton Significantly Expands Assets to ₩9.2 Trillion
Krafton grew its total assets by 8.8% to ₩9.2 trillion, maintaining large business group status per FTC's 2026 disclosure. This marks notable expansion compared to peers like Nexon and Netmarble.
The growth underscores Krafton's rising prominence in the industry.
Netmarble Ranks Second in Korean Gaming with 10.5% Asset Growth
Netmarble holds second place among gaming giants with ₩13 trillion in assets, up from ₩11.8 trillion last year. The firm remains a key player in the FTC's large business groups list.
This positions it behind leader Nexon but ahead of Krafton.
Wuchang: Fallen Feathers Franchise Future Secured Under Digital Bros
With full IP control, Digital Bros can greenlight sequels, expansions, and global outreach for Wuchang: Fallen Feathers. The acquisition follows reports of the original dev team's dissolution and game director's departure.
Strong Steam reception supports optimism for revival.
SPARK Dating App Scales in Southeast Asia with Gaming Veteran Backing
SPARK eyes broader global expansion after Thailand success, bolstered by Mike Sherrill's investment. The platform's Version 2 launch coincides with new co-founder addition.
Ties to gaming expertise via Sherrill highlight crossover investments.
Korean Gaming Sector Thrives as Firms Maintain Large Business Status
Nexon, Netmarble, and Krafton all retained spots on the FTC's 2026 large business groups list with asset growth. Industry leaders show resilience and expansion amid economic scrutiny.
Nexon's lead reinforces its dominant position.
Digital Bros Gains Full Control of Wuchang IP from Chinese Developer
The deal with Chengdu Lingze Technology hands Digital Bros complete franchise rights. This move addresses prior development uncertainties.
Potential for continued support and new projects now viable.
Games Industry News Roundup Highlights Key Developments as of April 28
Goonhammer's weekly roundup covers major gaming stories up to April 28, 2026, including pop culture ties. It aggregates five biggest recent events for industry followers.
Serves as a quick catch-up on evolving trends.