New war chest designed to strengthen global reach and catalogue of Korean games publisher.
The initiative was kicked off with the acquisition of exclusive publishing and partial IP rights to the 'Cartoon Wars' series, which delivered titles such as Cartoon Wars, Cartoon Wars Gunner and Cartoon Wars 2.
And Gamevil has already pursued a partnership strategy before this extra funding was announced.
It has more than ten external developer agreements, which have added titles such as Air Penguin, Chalk n' Talk, Colosseum, KAMI RETRO, TouchMix, and Train City to the repertoire.
Gamevil also announced that its social game platform, GAMEVIL Live, will be extended across more titles shortly.
“As the market expands with smartphones at its center, partnering with promising and exceptional external developers has become more important,” said Yong Kuk Lee, CFO of Gamevil.
Article continues belowAdvertisement
“By working together with these creative developers and combining GAMEVIL's understanding of the global smartphone game market, we will carve out success and growth for everyone involved.”
Last month, Gamevil revealed Q1 revenues of $5.9m and a net profit of $2.3m.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!