Nagoshi Studio's Gang of Dragon Facing Closure Amid Funding Crisis
The gaming world is buzzing with concern as Nagoshi Studio, founded by Yakuza series creator Toshihiro Nagoshi, is reportedly on the brink of closure. Just three months after announcing their debut title, Gang of Dragon, publisher NetEase has indicated plans to withdraw funding, leaving the studio scrambling for additional financial support to complete the project.
According to Bloomberg, the decision stems from a significant funding gap of 7 billion ($44.4 million) needed to bring Gang of Dragon to fruition.
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The Importance of Artist Rights in Gaming
In a significant move for artist rights in the gaming industry, Bungie has credited Scottish artist Fern Hook as a visual design consultant for their recent title, Marathon. This follows a controversy where Hook accused the company of using her artwork without permission during the game’s alpha phase. The resolution of this issue not only highlights the importance of acknowledging artists but also sets a precedent for how gaming companies should handle intellectual property in the future.
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NHN's Strategic Game Launches: A Path to Profitability?
NHN is making a bold move to revive its gaming business by launching two new titles, ‘Abyssdia’ and ‘Oshi no Ko: Puzzle Star’, simultaneously. While these games have already garnered significant popularityAbyssdia topping Google Play in Korea and Puzzle Star achieving #1 on Japan’s Apple App Storethe real challenge lies in converting this initial buzz into sustainable revenue. The company’s reliance on publishing and IP licensing raises questions about its long-term profitability.
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